News & Press: Member News

A Storm is Coming

Monday, October 7, 2019  
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Tips for protecting your jewelry business from water damage.

By Jewelers Mutual Insurance Group

Imagine walking into your jewelry business the morning after a storm only to find that your roof leaked. Your walls and artwork are damaged, the floor is soaked, and your computer and printer are covered with water.

At first, you’re in shock. Then you start mentally calculating the cost to replace everything that’s been damaged. Not only will it be costly to have repairs done, you’ll most likely need to close your business for a few days resulting in lost revenue.

No matter the season, a loss from water damage is real and the cost for repair can add up quickly. If you don’t take care of that damage in a timely manner it can lead to even costlier damage from mold or structural damage.

Here are a few things you can do to protect your business from water damage.

  • Insulate any exposed pipes – when temperatures drop, exposed pipes are vulnerable to freezing. Check out your local hardware store and pick up some pipe insulation.
  • Clear your roof and gutters – regularly inspect your business’s roof and gutters for leaves, debris, snow and ice which can all build up and cause water damage.
  • Make sure you have adequate insurance coverage – the details of your coverage matter because some types of water damage may not be covered. Be sure to talk to your agent to make sure you have the right coverage.
  • Install a smart sensor to monitor your property – take comfort in knowing your jewelry business is protected by installing smart sensors to help reduce the risks from freezing pipes or water.

If you are a Jewelers Mutual Insurance Group policyholder, you have access to an easy-to-install sensor to monitor your property 24/7 that detects issues due to water damage or frozen pipes. These sensors add an additional safety measure to reduce risk and protect jewelry businesses.

Looking for more loss prevention tips? Subscribe to The Clarity Blog.

If you want to learn more about the sensor systems program for Jewelers Mutual policyholders, contact


Mission Statement

The American Gem Society (AGS) is a nonprofit trade association of fine jewelry professionals dedicated to setting, maintaining and promoting the highest standards of ethical conduct and professional behavior through education, accreditation, recertification of its membership, gemological standards, and gemological research.

The Society is committed to providing educational products to inform and protect the consumer and to contributing to the betterment of the trade by creating industry standards to protect the jewelry-buying public and the fine jewelry industry as a whole.

AGS Laboratories, founded to support the AGS mission, is a nonprofit diamond grading laboratory with a mission of consumer protection. Adhering to the AGS Diamond Grading Standards, AGS Laboratories is dedicated to offering diamond grading reports that provide consistency and accuracy based on science.

American Gem Society