Serving all 50 States | 20+ Years Manufacturing Expertise | Certified Specialists
Jewelry Manufacturing Insurance
Manufacturing Insurance Group provides specialized insurance coverage for jewelry manufacturers, backed by 20+ years of industry experience protecting precious metals, memo and consignment inventory, and in-transit risk that generic commercial policies were never built to handle.
Trusted Carrier Partners
National Producer Number (NPN): 7642818
The Coverage Gap Most Jewelry Manufacturers Do Not Know They Have
Mysterious disappearance, memo and consignment liability, and in-transit risk are three real exposures a standard commercial policy will not cover unless each one is specifically added. A generic BOP is not built for this industry. A real Jewelers Block Policy is.
Insurance Built for Jewelry Manufacturers, Not Just Jewelry
Search “jewelry insurance” and most results are about protecting a single ring or necklace. That is not what your business needs. Manufacturing Insurance Group insures jewelry and silverware manufacturers (NAICS 339910), the workshops, casting and finishing operations, and wholesale production houses that make the pieces in the first place.
Jewelry manufacturing carries a risk profile unlike almost any other industry we cover. A small shop can hold six or seven figures of gold, platinum, and diamonds in a space smaller than most offices. Finished pieces move constantly between your workshop, trade shows, and retail buyers. And a real share of your inventory at any given time may not even belong to you, it is on memo or consignment from a supplier, or you have sent your own pieces out the same way.
A standard commercial property policy was not built for that. We place jewelry manufacturers with carriers that understand the difference between a generic BOP and a real Jewelers Block Policy, the named commercial coverage form built specifically for this industry.
See our full list of manufacturing industries we serve if jewelry is not your only product line.
Our Coverages
Jewelry Manufacturing Insurance Coverage Options
General Liability Insurance
A buyer visits your workshop and trips over a bench leg. A courier picking up finished pieces is injured on your loading dock. General liability protects your jewelry manufacturing business from third-party bodily injury and property damage claims tied to your premises and operations, separate from anything that happens to the jewelry itself.
Commercial Property Insurance
Fire, storm damage, and break-ins threaten your workshop, casting equipment, and polishing and finishing machinery the same way they threaten any manufacturer. But a standard property policy typically will not properly value or cover the precious metals and stones on your premises without the right endorsements, which is where jewelry-specific underwriting matters.
Product Liability Insurance
A clasp fails and a customer’s piece is lost. A metal alloy in a finished piece triggers an allergic reaction. Product liability covers claims tied to jewelry that leaves your facility and causes injury or damage after the sale, separate from the inventory-loss coverage a Jewelers Block Policy provides.
Business Interruption Insurance
A fire or major equipment failure can shut a small jewelry workshop down for months, not days, given how specialized casting and finishing equipment can be to source and repair. Business interruption insurance replaces lost income and covers ongoing expenses while you get back to production.
Workers Compensation Insurance
Casting, soldering, polishing, and stone-setting all carry real burn, cut, and repetitive-strain injury risk. Workers compensation is required in nearly every state for businesses with employees and covers medical costs and lost wages when someone on your production floor gets hurt.
Supply Chain Insurance
Precious metal and gemstone suppliers face their own disruptions, from refinery slowdowns to shipment delays. Supply chain insurance covers financial losses when a vendor failure or material shortage stops your production even though you did nothing wrong.
Errors and Omissions Insurance
Custom and bespoke jewelry work carries real professional exposure, a specification missed, a stone substituted without authorization, a resize that damages an heirloom piece. E&O insurance covers claims arising from professional mistakes in design and fabrication services, separate from a product defect claim.
Equipment Breakdown Insurance
Casting furnaces, laser welders, and CNC engraving equipment are expensive and specialized. Equipment breakdown insurance covers the internal mechanical and electrical failures that a standard property policy excludes, paying for repairs and the income you lose while equipment is down.
Directors and Officers Insurance
Family-owned and closely held jewelry manufacturers still face real management liability exposure, from supplier disputes to regulatory questions around precious metal sourcing. D&O insurance protects your leadership team’s personal assets from claims tied to management decisions.
Employment Practices Liability
Wrongful termination claims, discrimination allegations, and wage disputes can hit a small jewelry manufacturer as hard as a large one. EPLI covers the legal defense and settlement costs tied to employment-related claims from your team.
Coverage That Understands Memo, Mysterious Disappearance, and In-Transit Risk
A real Jewelers Block Policy typically requires each of these exposures to be added as a specific endorsement rather than assuming blanket coverage. Mysterious disappearance coverage needs to be requested by name. Memo and consignment goods need a scheduled limit separate from your owned inventory. In-transit coverage needs to name the real locations your pieces travel between, not just your workshop address. Skipping any one of these endorsements is how a manufacturer discovers a gap only after a loss.
Manufacturing Insurance Group has placed coverage for manufacturers across dozens of specialized industries for more than 20 years. We know which carriers actually write real Jewelers Block coverage with the right endorsements, and we build your policy around how your shop actually operates.
Getting a Quote for Jewelry Manufacturing Insurance
Ready to protect your operations? Get expert guidance and a custom quote today.
Frequently Asked Questions About Jewelry Manufacturing Insurance
What is a Jewelers Block Policy, and do I need one instead of a standard BOP?
A Jewelers Block Policy (JBP) is a real, dedicated commercial coverage form built specifically for jewelry manufacturers, wholesalers, and retailers. Unlike a generic business owners policy, it is designed to properly value and cover precious metals and gemstone inventory, and it can be extended to cover mysterious disappearance and memo or consignment goods, exposures a standard BOP typically will not touch.
What is mysterious disappearance coverage?
Mysterious disappearance is a real, specifically named coverage type for unexplained loss of inventory where there is no evidence of a criminal act. It is distinct from theft coverage, which generally requires proof that a crime occurred, and it is often excluded from a standard policy unless a jeweler specifically adds it.
Do I need separate coverage for jewelry I hold on memo or consignment?
Yes. Memo and consignment goods, inventory sent to you by suppliers on approval, or pieces you send out to retail buyers the same way, are a real and commonly underinsured exposure in jewelry manufacturing. A standard Jewelers Block Policy typically needs to be explicitly extended to cover memo and consignment inventory, since it is not goods you legally own.
Is workers compensation insurance required for a small jewelry manufacturing shop?
In nearly every state, workers compensation is required once you have employees, regardless of how small your shop is. Casting, soldering, and stone-setting all carry real injury risk, and workers compensation covers medical costs and lost wages when an employee is hurt on the job.
Does my policy cover jewelry while it is in transit to trade shows or buyers?
Not automatically. In-transit coverage for pieces moving between your workshop, trade shows, and wholesale or retail buyers needs to be built into your policy specifically. This is a real, named exposure category in jewelry insurance, and it should be addressed before you ship anything, not after a loss.
How is jewelry manufacturing insurance different from personal jewelry insurance?
Personal jewelry insurance protects an individual’s ring, necklace, or other piece against loss, theft, or damage, and is typically written as a scheduled item on a homeowners or renters policy or a standalone policy. Jewelry manufacturing insurance is commercial coverage for the business itself, protecting your workshop, equipment, production inventory, and operations, an entirely different category of risk.