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Wedding Day Jewelry Insurance: Are You Covered for the Big Day?

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You are preparing for the big day in Metairie, LA, and have every detail planned, from the centerpieces at your reception to the look and taste of your beautiful wedding cake. While everything may seem perfect, there is one crucial item that is often forgotten about. I’m talking about jewelry insurance. If this detail slipped your mind, there’s no need to worry. Here are several ways to cover your jewelry for the big day.

Have a Professional Appraisal Done

Knowing what your wedding bands are worth can be accomplished with the help of a professional appraisal. A certified gemologist can tell you exactly what your precious gems are worth and how much they should be insured. If the size of the diamond is at least half a karat, a diamond certificate or grading report will also most likely be issued. These documents will become very helpful when preparing to insure your wedding jewelry.

Research Insurance Agents in the Metairie, LA Area

Before agreeing to be insured by any agent, do your research. One trusted agent in the area is Clockwork Insurance Services. We can provide you with a quote and are able to answer any questions you may have regarding this or other insurance services to put your mind at ease. We will also be able to explain everything covered with the policy you are interested in.

Consider if This Insurance Policy is Right for You

The only person who can determine whether your wedding jewelry should be covered is you. This policy will protect it if your wedding band breaks, is lost, or is stolen. Wedding jewelry has monetary and sentimental value. It reminds you that you will be privileged to spend the rest of your life with your special someone. This insurance policy will protect this valuable item, even when traveling.

Clockwork Insurance Services would be happy to answer any lingering questions you may have about jewelry insurance or any other policy you may need. Call us today for a quote.

Why Proper Appraisals Matter for Jewelry

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It’s Valentine’s time and new engagements are in the air along with celebrations of years spent together. A visit to your local jewelry store for a new beautiful piece of jewelry to commemorate this time is on your calendar. You may have already decided you will get insurance to cover this precious piece of jewelry but how important is the appraisal?

It is crucial to provide an accurate and current appraisal of your jewelry to your insurance company to ensure you are covered properly. Essentially the appraisal acts as a reliable document to protect your investment in jewelry by ensuring you are adequately compensated in case of loss, theft, or when selling the piece.

There are five main reasons why jewelry appraisals matter. 

  • Insurance purposes
  • Estate planning
  • Selling jewelry
  • Loan collateral
  • Authenticity verification

Because markets do fluctuate it is a good idea to get updated appraisals, in particular when you are reviewing your insurance coverage, thinking of selling or would like to use a piece of high-end jewelry as collateral.  Discuss with your insurance agent when you do a review of your coverages whether now is a good time for a new appraisal. Make sure you get a detailed report from a professional appraiser and provide this to your insurance agent. Also check that your appraisal reflects the replacement value of the piece not the purchase price.

For questions and assistance with insurance coverage for your high-end jewelry contact Clockwork Insurance Services today. Call 504-262-8240 or email info@clockworkns.com

Protect What You Treasure and Your Investment with Fine Arts and Collectibles Insurance

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The renowned playwright and poet Oscar Wilde once said, "Life imitates art." This sentiment resonates with many who appreciate and collect art and other valuable items. Such individuals not only invest in these pieces but also cherish them deeply. That’s why people choose to protect their investments and passions with policies like fine arts and collectibles insurance. The team at Clockwork Insurance Services offers such policies to help people in and around the Metairie, LA, area safeguard their prized possessions.

Secure Your Treasures and Investments with Fine Arts and Collectibles Insurance

Fine art and collectibles often hold significant value, from your most cherished painting to limited edition doll collections and more. Protecting such valuable items is wise, much like any other substantial investment. However, items like art and valuable collections hold more than just monetary value; they often have personal significance that transcends dollars and cents. This dual value prompts owners of fine art and collectibles to protect their valuables with fine arts and collectibles insurance options.

Insurance Solutions for Fine Arts and Collectibles Owners in Metairie

If you live in or around the Metairie, LA area and have questions or would like to learn more about fine arts and collectibles insurance for your art or collectibles, we’re here to help. Contact us to find out more and schedule an appointment with our friendly and experienced team for the insurance solutions you need to keep your treasured items safe at Clockwork Insurance Services today.

Jewelers Block Insurance – Coverage for a New Jewelry Store

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Protect Your Jewelry Store with Jewelers Block Insurance

Jewelry stores face unique risks that standard commercial insurance policies may not fully address. Jewelers Block insurance is a specialized solution designed to protect your business from these challenges, ensuring your financial security and peace of mind.

What is Jewelers Block Insurance?

Jewelers Block insurance provides comprehensive coverage for the unique needs of jewelry businesses. It safeguards your inventory of diamonds, gemstones, and other valuables against a wide range of risks. This policy can be customized and added to a standard commercial insurance plan, offering protection tailored to your business.

When is Jewelers Block Insurance Needed?

Whether you own a small-town boutique or a high-volume jewelry store in a major city, Jewelers Block coverage is invaluable. Here are some scenarios where this insurance proves essential:

  • Onsite Protection: Coverage for jewelry displayed or stored at your store.
  • Trade Shows and Exhibits: Protection for items transported to and displayed at industry events.
  • Consignment Items: Coverage for items held on consignment, ensuring both you and your consignors are protected.
  • Promotional Events: Protection for jewelry worn or displayed during fashion shows or promotional activities.
  • In-Transit Coverage: Safeguards against theft or loss while transporting goods.

Key Benefits of Jewelers Block Insurance

Jewelers Block insurance offers robust protection for your business against a variety of risks, including:

  • Theft: Coverage for losses due to burglary, robbery, or employee theft.
  • Natural Disasters: Protection against damage caused by fire, smoke, high winds, and other covered perils.
  • Accidental Damage: Coverage for unexpected events that result in the damage or loss of inventory.
  • Business Interruption: Compensation for lost income if your business operations are disrupted due to a covered loss.

Additionally, some Jewelers Block insurance may extend to cover items in transit, whether shipped locally or taken to international trade shows.

Customizing Your Policy

Every jewelry business is different, and Jewelers Block insurance is highly customizable to meet your specific needs. Here are some factors to consider:

  • Inventory Assessment: Conduct a detailed inventory of your merchandise, including high-value items, consigned goods, and seasonal fluctuations.
  • Risk Management Measures: Implement security systems, employee background checks, and training to reduce risks. These measures can also help lower your premiums.
  • Coverage Limits: Choose coverage amounts based on your inventory and operational risks, ensuring you are adequately protected.
  • Exclusions and Add-Ons: Be aware of policy exclusions, such as wear and tear or mysterious disappearance without proof. Consider optional add-ons for enhanced protection, like worldwide coverage for travel or business interruption insurance.

Why Work with a Specialist?

Navigating the complexities of Jewelers Block insurance requires expertise. At Clockwork Insurance Services, we specialize in protecting jewelry businesses. With extensive experience and a deep understanding of the industry, we help clients:

  • Assess their unique risks.
  • Customize policies to fit their needs.
  • Understand claims processes and risk management strategies.

Our partnerships with jewelry trade associations and participation in industry events underscore our commitment to serving the jewelry community.

Taking the Next Step

If you’re considering Jewelers Block insurance for your business, start by conducting a comprehensive inventory of your merchandise and assessing your specific risks. Then, consult an expert.

Contact one of our agents at Clockwork Insurance Services. We’ll guide you through the process, help you select the appropriate coverage, and prepare your insurance documents. With the right policy in place, you can focus on growing your business with confidence.

Protect Your Passion

Your jewelry store represents more than a business—it’s your passion and livelihood. Don’t leave it exposed to unnecessary risks. Jewelers Block insurance is the protection you need to safeguard your investment and ensure your success.

I Love It! Should I Cover It?

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The holidays are here—a season of joy, celebration, and unforgettable moments! Whether you’re planning to pop the question, unwrap a dazzling gift, or celebrate milestones with loved ones, this is a time when stunning jewelry often takes center stage. But as magical as the holidays can be, they can also bring unexpected risks to your cherished pieces.

Imagine this: You’re celebrating at a holiday party, showing off a new engagement ring or treasured heirloom, when it slips off unnoticed. Or worse, while traveling to visit family, you discover your watch or necklace has gone missing. These are moments when jewelry insurance transforms from a luxury to a necessity.

Why Insure Your Jewelry This Holiday Season?

High-value jewelry—like engagement rings, luxury watches, and family heirlooms—deserves special protection. Unfortunately, standard homeowners or renters’ insurance often falls short. Jewelry insurance offers comprehensive coverage designed to safeguard your most precious items, allowing you to wear and enjoy them with confidence.

The holiday season, with its flurry of travel, gatherings, and celebrations, is the perfect time to ensure your valuables are covered. Whether you’re dancing at a New Year’s Eve party or packing for a winter getaway, jewelry insurance offers peace of mind when it matters most.

What Does Jewelry Insurance Cover?

Here are just a few ways jewelry insurance protects your pieces:

  • Loss, Theft, or Damage: Coverage for accidental loss, theft, or repairable damage—so you’re not left empty-handed.
  • Worldwide Travel: Whether you’re skiing in Aspen or visiting relatives abroad, your jewelry can be insured wherever you go.
  • Inflation Protection: With fluctuating market values, policies can adjust to reflect your jewelry’s current worth (with appraisals).
  • Natural Disasters: Fire, floods, or other covered events don’t have to mean the end of your cherished items.

Tips for Safeguarding Your Jewelry

Before insuring your pieces, consider having them professionally appraised to establish their true value. For gifts, retain receipts or documentation for future reference. And during holiday gatherings, make a habit of storing jewelry safely when not in use.

Protect Your Holiday Joy with Clockwork Insurance

At Clockwork Insurance, we’re here to make sure your jewelry—and your holiday season—shines as brightly as it should. Coverage is more affordable than you might think, and our expert team can guide you through the process. Call us today at 504-262-8240 or email info@clockworkins.com to learn more about securing your most valuable memories

Commercial insurance that most businesses can benefit from

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Three generations of the McFarland family have contributed almost 100 years to the insurance business. Clockwork Insurance Services in Metairie, LA, carries on the legacy and the philosophy of customers first, which is the cornerstone of our business model. We want to help you protect your business, and we provide all the tools you need to achieve this.

Commercial property insurance

Commercial property insurance covers not only your building, if you own it, but all the things you use to carry out your business. It protects your inventory and raw materials, and depending on the type of business you are doing, it covers machinery, display units, office equipment, tools, and records.

Commercial flood insurance

Commercial property insurance does not cover flood damage. If your business is in an area where flooding is a potential threat, you should have this coverage. There are two types of flood insurance: property and content. You will need both of them to protect your business.

Commercial liability insurance

Commercial liability insurance may be the most important type of commercial insurance of all. Approximately one in three businesses will be sued every year. Being sued is one of the fastest ways to tank your business. There is a judgment, and then the legal fees can be astronomical whether you win or lose. With the correct amount of liability insurance, you can protect your assets and save your business.

Commercial auto insurance

If you use your personal vehicle to conduct business, you are putting your home on the line. You need to separate your personal assets from your business assets, and individual auto insurance won’t cover the business use of your vehicle.

Call our office at Clockwork Insurance Services in Metairie, LA, if you have commercial insurance questions or needs.

Be Prepared This Holiday Season

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As we approach the holidays our jewelers start stocking up on inventory. Hoping and anticipating a busy season of sales this is a proactive way to have what your next customer is looking for.  

In stocking up your stores you are also increasing the potential loss should the store be burglarized whether a “smash and grab” or a “grab and run” this is a good time to evaluate your asset protection.  Here are a list of recommended protections measures to consider.

-Show one item at a time.

-Keep showcases locked.

-Watch for those “casing” your store.

-Increase the number of employees on the floor when you have more customers in the store.

-Laminate your showcases. To laminate your showcases this slows down the ability for someone to use a hammer or other metal object to smash the showcase glass.

-Respond to every alarm. Anytime an alarm goes off go in person or send someone in person to check what set it off.

-Consider adding more cameras.

These are a couple of ways to ensure the holiday season is as profitable as it should be. For other tips and suggestions and to keep up with the current crime facts sign up the Clockwork Insurance newsletter: https://www.clockworkinsurance.com/crime-facts.html

Be prepared this season. Call Clockwork at 504-262-8240 for a review of your coverage.

Insurance Considerations When Downgrading Your Living Space

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Changes in your personal circumstances may prompt you to downgrade your living space. Use the guidelines below to help you prepare your plans. Then, seek adjustments to your home insurance policy.

Downgrading

Downgrading a living space may involve donating or selling items that you no longer need or moving to a smaller residence.

If your children are grown and have moved out, for example, you may no longer have a need to live in a large home. This is just one type of situation that may convince you to downgrade. Downgrading is often a process that requires careful planning.

Setting

First, assess the new setting that your home will comprise. The size of your living space will influence how much home insurance you need. The construction of your residence will also affect how much coverage to pursue.

Drainage Properties

Consider the drainage properties that your new home is equipped with. Property that drains well will not be likely to flood. If you are moving to a low-lying area, you may want to add flood protection to your home insurance policy.

Household Possessions

Take an inventory of the possessions you will store in your downgraded living space. Then, make a list of the items you would like to add to your home insurance policy.

Family heirlooms, furnishings, decorations, tools, clothing, and artwork are some items that you may want to list in your home insurance policy. Plan on insuring items of value that would be difficult to replace.

Find Home Insurance Options in Louisiana

Now that you have reviewed the preliminary steps needed to downgrade your living space, meet with an insurance agent who serves Metairie, LA. One of our Clockwork Insurance Services agents will make the necessary adjustments to your home insurance policy.

Warranty for your Jewelry Store Customers

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Offering your jewelry store customers the option of a warranty when they first purchase their jewelry is a convenience that can lead to greater customer satisfaction. As a jewelry store owner, you seek ways to improve the customer experience which in turn leads to more sales and happy returning customers. Jewelers Mutual offers their clients this service.  With the Jewelers Mutual Care Plan, you can present this as an added benefit and include it in the purchase price of the item or items.

A warranty offers your clients the protection they desire when investing in fine jewelry. This enhances the quality of the jewelry you showcase and ensures lasting satisfaction in the choice for your customer.  The Jewelers Mutual Care Plan covers not only manufacturers’ defects, but it also includes traditional wear and tear and accidental damage. 

Clockwork Insurance Services is here to assist you with your business. Our goal is to work with our clients’ and truly understand how to add to their success. We do this with careful review of their business needs and compiling an insurance plan that not only includes the coverage the client needs but also introduces options that hopefully improve the service they can offer to their customers.

Considering adding a warranty for your customers?

Call us at 504-262-8240 or reach out to us via our website: https://www.clockworkinsurance.com

For more details and frequently asked questions read more on this warranty option available to Jewelers Mutual clients here: https://www.jewelersmutual.com/jeweler-care-plan

Should Personal Jewelry Pieces be Insured Separately?

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A sparkling gemstone hanging off your neck or ring finger has its own charm that commands attention. This makes it crucial to have specialized coverage to guard against potential damage or theft of your treasured jewelry pieces. The team at Clockwork Insurance Services can help you secure your collection separately.

Creating Your Own Jewelry Insurance Policy

Many homeowners’ insurance policies fail to cover policyholders’ high-priced possessions adequately. Instead, crafting a customized insurance policy that caters specifically to a jewelry collection can be highly beneficial. It could cover damage, loss, and theft and allows you to set the terms and conditions of the coverage provided and choose which jewelry pieces to insure. With this, the coverage provided corresponds with the repair level required for everyday use and protects against theft by a family member or house guest.

Eliminating Insurance Policy Coverage Gaps

A dedicated jewelry insurance policy helps you retrieve the actual value of your pieces if they are damaged, lost, or stolen. Jeweler’s market value can fluctuate, necessitating proper appraisal of your collection to ensure there are no policy coverage gaps. You can recover the actual worth for jewelry repairs or replacement with accurate appraised value.

Customizing Antique Jewelry Coverage

A standard homeowners insurance policy often imposes limits on the coverage provided for antique jewelry. To ensure full value recovery for your antique jewelry pieces, it’s best to customize separate coverage. A detailed description and the current market value of the piece, authenticated by a certified gemologist, can help you get the right coverage value.

Considering a separate insurance policy for your jewelry collection is beneficial. Allow Clockwork Insurance Services to construct a policy that best suits your insurance needs. Call and schedule an appointment today.

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