He said house insurance not Jewlery insurance

Interesting

So basically insuring a chain that's worth 8k is not worth it????

Can custom pieces be insured? Example; a pendant that is one of a kind, owned by no one other than myself, and not readily available to the public?

I just bought Rolex,deciding if I should insure it

why do insurances even ask for the GIA CERTIFICATE??????

Even if it’s a 15k ring and you get 7k back it’s not a complete loss 😅

I really don't like the fact that this expert can't spell jewelry correctly...

My question is, say it gets stolen, and you file a police report and file the claim on your insurance policy, how would the insurer know that you didnt just trade it for drugs or pussy and then claim it got stolen so that it gets replaced? How tf do these insurers insure that they aren't getting swindled on fake claims of theft? I would think these insurance companies would make the process of filing a claim and being compensated for loss very difficult because they would need to investigate every detail of the claim and all it would take is for them to say they believe the claim to be fraudulent even if indeed it got stolen but theres really no for sure way to prove your claim is genuine unless the theft was caught on surveillance. Idk, just seems like it be too risky for the insurance company unless 90% of claims get turned down for suspected fraudulence and only 10% or less claims are compensated so that they have some proof of following through with their promise so that they can stay in business and not get sued. Idk just seems like it would be to easy for them to get swindled which would mean they would have to swindle alot of claims so that they dont get out swindled