Jewelry is easy to lose and easy to steal. That is why it is important to consider protecting your purchase with jewelry insurance. Jesus Rebollar, with Gregory & Appel Insurance, said having a separate policy ensures full protection for high-value items. Otherwise, if you depend solely on your homeowners or renters policy, it may limit your loss to around $1,500 and come with exclusions. MORE: https://www.wthr.com/article/money/whats-the-deal/how-jewelry-insurance-works/531-5bd5d0c4-9505-4762-ae1e-6399752706da