How to get insurance cover for your jewellery

When your jewellery is inside your house, it’s part of your ‘general contents’ – the home contents you own and you’re responsible for. Choose from Allianz Home and Contents Insurance or Allianz Contents Insurance to cover your general contents against insured events like theft, or fire.¹

We place a maximum limit of $7,500 per item, set or collection. If you need to insure for jewellery above the policy limits you, simply ask us to list items worth more than $7,500 as listed valuable contents. These items will be listed separately and insured for the amount you nominate and are covered at the insured address only. For example, if your engagement ring is worth $9,000, you may need to list it separately for the replacement value you specify.

For details about limits of cover, see the relevant Product Disclosure Statement.

With our Home Insurance, you can add optional Portable Contents cover to your Renter or Home and Contents Insurance policy. This covers your jewellery against accidental loss or damage Australia-wide and up to 90 continuous days overseas.

Depending on the items value, you can choose from Listed or Unlisted Portable Contents cover. Listed cover is for items worth more than $1,000. For example, if your watch is worth $3,000, you can list it separately as Listed portable contents for its replacement value. You’ll see this item on your policy details document.

If you’re renting your home, you can take out Renter Insurance to cover your jewellery and other belongings at the property.

You’ll need to take out Contents cover, either as Contents Insurance, Renter Insurance, or Home and Contents Insurance.

When getting your quote, you can choose to insure your jewellery under unlisted portable contents cover or listed portable contents cover. If you choose listed portable contents cover, you'll need to list your jewellery as separate items.

If you already have Contents cover with us, and would like to add the Portable Contents option, contact us.

With Allianz Home Insurance you can choose Building or Contents Insurance or both under the one policy. We also offer Renter Insurance.

If you have Contents cover, we’ll insure your jewellery up to the policy limits against:

• Damage from 12 insured events, including theft,flood¹ or fire¹, at your home

We’ll pay to repair or replace your home contents under your general contents – up to the policy limits for the following items:

• Jewellery such as rings, earrings, bracelets, bangles, necklaces and pendants
• Watches
• Items containing gold or silver

If you add optional Portable Contents cover to your Contents , Renter, or Home and Contents policy, we'll also cover your jewellery against:

• Damage from an accident outside of your home
• Theft when your jewellery is outside of your home

If you’re wondering what else is covered, read our article What is home and contents insurance? Or see the relevant PDS.

Insuring jewellery when you’re on holiday can be a smart move, just in case of theft or an accident

Your jewellery will only be covered overseas if you have Home Contents or Renter Insurance and you’ve listed the items under optional Portable Contents cover if it’s worth more than $1,000. You can also take portable contents for items under $1,000 that is unlisted items. So, if the value of the ring is $1,000 or less, you would need to select unlisted portable contents. Once it’s listed under Portable Contents, your jewellery is covered overseas for up to 90 continuous days.

This is a summary only of some of the features and benefits available on Allianz Home and Renter Insurance. Before deciding on a policy, carefully consider the relevant Product Disclosure Statement (PDS) and Supplementary PDS (where applicable) which set out the standard terms, conditions, limits and exclusions.

We place maximum limits on how much we’ll cover jewellery for:

• $7,500 per item, set or collection
• Option to increase sub-limit by listing each item over $7,500

If your jewellery is worth more than the set limits, ask us to add it to your home contents inventory as listed valuable contents for cover at home. We’ll need to know its replacement value, and we’ll list this separately on your policy details document.

Listed valuable contents items are only covered at your insured address. If you want to cover your jewellery outside your home, consider optional Portable Contents cover.

If your jewellery items are worth more than the maximum cover limits, you can list them as listed valuable contents and specify their value. Listed valuable contents items are only covered at your insured address.

Jewellery that’s worth less than the maximum cover limits doesn’t need to be listed.

A jewellery valuation will give you an accurate description of your jewellery and its value, based on the current market. You’ll get a valuation certificate that can be useful if you need to make an insurance claim.

You can get a jewellery valuation from your retailer when you buy a new piece of jewellery, or from a reputable jewellery valuation service.

You should get your jewellery valued every two to three years to make sure your valuation is current, according to the National Council of Jewellery Valuers. If the value has increased, it’s important to make sure you’re not underinsured.

Keep your valuation certificate in a safe place in case you need to make a claim.

There are just three steps to make a claim with Allianz.

1. Get the details – you’ll need the following:
   • A police report, if your jewellery has been stolen
   • Evidence of the loss or damage to your jewellery
   • Proof of ownership, such as receipts, credit card statements and photos
   • Your valuation certificate or other proof of value, such as receipts
   • Your policy details
2. Once you’re ready, lodge your claim online. Or if you prefer, give us a call on 13 10 13.
3. One of our friendly claims consultants will contact you as soon as possible.