A key aspect of any jewelry coverage is documenting the type of jewelry, the specifics of the setting and the quality of the stone. (Photo: Kwangmoozaa/Shutterstock)
The jewelry market is expected to grow from $279 billion in 2018 to $480.5 billion by 2025, almost doubling in seven years. While the average cost of an engagement ring in 2019 was $6,350, many spend more on that for such a significant piece of jewelry. The presence of online jewelry sellers, such as Blue Nile or James Allen, make purchasing expensive jewelry easy, and Jewelry Television (JTV) makes buying less expensive jewelry even easier.
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Christine G. Barlow, CPCU
Christine G. Barlow, CPCU, is Executive Editor of FC&S Expert Coverage Interpretation, a division of National Underwriter Company and ALM. Christine has over thirty years’ experience in the insurance industry, beginning as a claims adjuster then working as an underwriter and underwriting supervisor handling personal lines. Christine regularly presents and moderates webinars on a variety of topics and is an experienced presenter.
