With an inventory full of diamond rings, gold earrings and precious stone pendants, jewellery stores are a risky enterprise. Even stores that predominantly stock fashion jewellery can be susceptible to crimes such as theft – to the untrained eye, those shiny pieces can look like the real deal. In one instance of organized crime or multiple counts of petty theft, jewellery store owners can lose thousands of dollars worth of stock, even with tight security tactics.
It’s not just theft you need to cover, any retail location needs financial protection against other costly claims, such as property damage and liable instances. Jewellery store insurance can protect your business against various events, from theft to third-party injury.