Traveling with Fine Jewelry – Good or Bad Idea?

August 21, 2019

Posted in Personal Insurance by

Summer vacations may be winding down but some of you are lucky enough to be gearing up for one more last journey before Labor Day. This means preparing for flights, cramming as much as you can into a suitcase, and checking the extended weather forecast around the clock. However, one thing may be forgotten in your slew of travel plans. Your jewelry.

Before you pack your jewelry bag, consider this:

  • Jewelry sold overseas may be overpriced or a “knockoff”. According to the S. Travel Association, shopping is the No. 1 leisure activity for overseas travelers. However, for those hoping to shop for some unique jewelry finds, research is key. A team of Rossen Reports researchers found when shopping overseas that several jewelry items being sold were either overpriced or of a very low quality.
  • Traveling with expensive jewelry can be hazardous. Losing a ring on the beach, leaving expensive earrings behind in the hotel safe, having something stolen in an unsafe part of town. Traveling with jewelry is risky so we recommend documenting what is brought along, knowing when and when not to wear jewelry, renting a hotel safe, and concealing the most stand-out pieces.
  • Jewelry can make navigating airports stressful. The airport can be tricky. To make it through with ease we suggest refraining from: packing your jewelry in a checked bag, wearing jewelry that stands out, bringing items that can’t go in a carry-on bag, and having a TSA officer screen your valuables in public.
  • Travel jewelry is an actual thing. When heading out on a road trip, to the beach, or to an amusement park, keeping the expensive jewelry at home is the best move. Instead of ditching it all, looking into travel jewelry, a much cheaper option that might be worth it. A handful of jewelers make stylish pieces specifically for travelers.

For more in-depth information about traveling with jewelry, check with one of our insurance agents. We offer exclusive protection for yourself, your family and your assets.

If you have any questions about insurance coverage, please contact me directly, or find an ONI location nearest you.

Risk Consultant | 812.478.6047

Source: Big “I” Markets, July 9, 2019