GEICO launches separate jewelry insurance policy
July 08, 2019 / Lyle Adriano
GEICO has launched a new insurance product that can help consumers better protect their jewelry.The insurer has teamed up with Jewelers Mutual Insurance Group to offer a separate jewelry insurance policy. The policy covers the entire value of a piece of jewelry or entire collection in the case of loss, damage or theft. A release explained that the premium for the coverage costs about 1-2% of the item’s total value each year.