JCRS featured in USA Weekend

USA Weekend, carried by newspapers around the country, recommends JCRS as a resource when insuring jewelry!

Here is the complete text of article:


MoneySmart by Sharon Epperson

Is that ring insured?

A friend lost her engagement ring recently. Luckily, it was insured. But to her dismay, the insurance company didn't pay what her appraiser had told her the ring was worth. Instead, she ended up with far less -- what it cost the insurer to buy a replacement.

Therein lies a lesson: Settlements vary by company and state. Most firms replace the item with one they deem similar or pay you that cost. Some repair or replace only -- no cash. Few offer the "scheduled" value, based on an appraisal or purchase receipt. Your best bet: Work with an agent who specializes in jewelry coverage to determine the best policy for you. To find one, visit jcrs.com.


 

This is the article as it appeared in USA Weekend: