CollectionsFeb 03, 2026
Jade Trau Releases New Charms, Introduces RondellesThe designer’s latest collection takes inspiration from her classic designs, reimagining the motifs in new forms.
MajorsDec 16, 2022
Lavalier Partners with Progressive on Jewelry Insurance
The new insurance policy combines Lavalier’s jewelry expertise with Progressive’s insurance know-how.
Lavalier and Progressive have partnered on a new plan called Progressive Jewelry Insurance by Lavalier.
New York—Lavalier has teamed up with insurance giant Progressive on a jewelry coverage plan.
Dubbed Progressive Jewelry Insurance by Lavalier, the plan will cater to those looking for standalone jewelry insurance or those who want extended jewelry coverage beyond their existing homeowners’ or renters' policy.
While homeowners’ or renters’ insurance may offer jewelry coverage, policyholders need to add a rider, or add-on, for the jewelry they want insured. Making a jewelry claim could affect the entire property insurance rate.
Through Lavalier and Progressive’s insurance, policyholders would get specialized “all risk” coverage, meaning the rate wouldn’t automatically increase once a claim is made.
The “all risk” policy covers the jewelry for loss, damage, theft, and disappearance, though there are some exclusions.
Newly purchased jewelry also will receive limited coverage if the owner already has a policy.
The policy does not cover intentional loss or damage, manufacturer defects, or rare situations like war and nuclear hazard.
If a piece is lost, policyholders can work with Lavalier’s network of jewelers or a jeweler of their choice to repair or replace an item.
The cost of a policy is about one to two percent of an item’s value, starting at $68 per year.
Lavalier may offer discounts if the policyholder has a home safe or a home alarm, if the jewelry is stored in a bank vault or safe deposit box, or if there is a gemstone grading report for the piece.
The maximum limit for a piece of jewelry is $50,000 while the maximum total limit on a policy is $150,000, though higher limits are available with company approval.
“We’re excited to be working with an experienced jewelry insurer like Lavalier,” said Drew Purcell, Progressive’s business development leader.
“For customers looking for specialized coverage beyond their homeowners’ or renters' policy, or even for customers just looking for a standalone jewelry insurance solution, Progressive Jewelry Insurance by Lavalier will provide customers flexible coverage options to meet their unique needs and peace of mind knowing that their items are protected against a wide range of risks specific to jewelry.”
Consumers can visit Progressive’s website to receive an instant online quote by entering their ZIP code, the value of an tem, and their choice of deductible.
Once paid online, the coverage is binding within minutes, said the company.
“It’s an honor to work with such a renowned insurance brand as Progressive,” said Lavalier Vice President Melissa Becker.
“Progressive seeks to be the destination of choice for insurance products, and the addition of our product enables Progressive customers to protect their jewelry with fully inclusive coverage from an insurer with decades of experience in insuring jewelry.”
For more information, visit the Progressive or Lavalier websites.
Editors' Picks
Sponsored by
More on Majors
The Latest
WatchesFeb 03, 2026
Casio America Calls Jersey City HomeThe watchmaker moved its U.S. headquarters to a space it said fosters creativity and forward-thinking solutions in Jersey City, New Jersey.
SourcingFeb 03, 2026
Nivoda Reveals Upgraded Gemstone MarketplaceThe company also announced a new partnership with GemGuide and the pending launch of an education-focused membership program.
Brought to you by
The MJSA Mentor & Apprenticeship Program: Attracting & Training the Next Generation of Bench JewelersLaunched in 2023, the program will help the passing of knowledge between generations and alleviate the shortage of bench jewelers.
GradingFeb 02, 2026
IGI to Acquire American Gemological Laboratories IGI is buying the colored gemstone grading laboratory through IGI USA, and AGL will continue to operate as its own brand.
Weekly QuizJan 29, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CrimeFeb 02, 2026
Ylang 23’s Dallas Store BurglarizedThe Texas jeweler said its team is “incredibly resilient” and thanked its community for showing support.
EditorsFeb 02, 2026
Stars Choose Chokers, Elongated Earrings at 2026 GrammysFrom cool-toned metal to ring stacks, Associate Editor Natalie Francisco highlights the jewelry trends she spotted at the Grammy Awards.
Brought to you by
How Jewelers Can Fight Back Against Cell JammersCriminals are using cell jammers to disable alarms, but new technology like JamAlert™ can stop them.
CollectionsFeb 02, 2026
2026 Winter Olympic Medal Design Symbolizes UnityThe medals feature a split-texture design highlighting the fact that the 2026 Olympics are taking place in two different cities.
SurveysJan 30, 2026
These Are the Top Brands of 2026, Says YouGovFrom tech platforms to candy companies, here’s how some of the highest-ranking brands earned their spot on the list.
CollectionsJan 30, 2026
Follow the Beat With Etiq’s ‘Khol’ RingThe “Khol” ring, our Piece of the Week, transforms the traditional Indian Khol drum into playful jewelry through hand-carved lapis.
CollectionsJan 29, 2026
Ghirardelli’s ‘Chocolocket’ Returns for Valentine’s DayThe chocolatier is bringing back its chocolate-inspired locket, offering sets of two to celebrate “perfect pairs.”
AuctionsJan 29, 2026
These Were Bonhams’ Top 10 Jewelry Lots in 2025The top lot of the year was a 1930s Cartier tiara owned by Nancy, Viscountess Astor, which sold for $1.2 million in London last summer.
SourcingJan 29, 2026
Stuller Website to Mark AGTA-Sourced GemstonesAny gemstones on Stuller.com that were sourced by an AGTA vendor member will now bear the association’s logo.
WatchesJan 29, 2026
Audemars Piguet Opens AP House in AtlantaThe Swiss watchmaker has brought its latest immersive boutique to Atlanta, a city it described as “an epicenter of music and storytelling.”
SourcingJan 28, 2026
Ethical Gem Fair to Debut Designer Showcase in TucsonThe new addition will feature finished jewelry created using “consciously sourced” gemstones.
ColumnistsJan 28, 2026
Peter Smith: Setting the Next Generation Up for SuccessIn his new column, Smith advises playing to your successor's strengths and resisting the urge to become a backseat driver.
SurveysJan 28, 2026
Consumer Confidence Falls Below Pandemic Lows in JanuaryThe index fell to its lowest level since May 2014 amid concerns about the present and the future.
IndependentsJan 28, 2026
Foundrae Heads to Aspen for Latest Store OpeningThe new store in Aspen, Colorado, takes inspiration from a stately library for its intimate yet elevated interior design.
FinancialsJan 28, 2026
Tiffany & Co., Bulgari Sales Resilient as LVMH’s 2025 Sales SlipThe brands’ high jewelry collections performed especially well last year despite a challenging environment.
CollectionsJan 27, 2026
De Beers London, GemFair Debut New Collection Highlighting Artisanal DiamondsThe collection marks the first time GemFair’s artisanal diamonds will be brought directly to consumers.
SourcingJan 27, 2026
GemGuide Launches Pricing for Montana SapphiresThe initial charts are for blue, teal, and green material, each grouped into three charts categorized as good, fine, and extra fine.
TechnologyJan 27, 2026
Clientbook Launches Appointment Booking ToolThe new tool can assign the appropriate associate based on the client or appointment type and automate personalized text message follow-ups.
SourcingJan 26, 2026
Tucson Preview 2026: Earthy Tones and Innovative Shapes Buyers are expected to gravitate toward gemstones that have a little something special, just like last year.
SourcingJan 26, 2026
Angolan Diamond Cos. Join NDC as Rio Tinto, Murowa Exit Endiama and Sodiam will contribute money to the marketing of natural diamonds as new members of the Natural Diamond Council.
MajorsJan 26, 2026
BIJC Names 5 New Board MembersThe new members’ skills span communications, business development, advocacy, and industry leadership.
CollectionsJan 26, 2026
Tiffany & Co. Celebrates 189 Years of Love StoriesThe jeweler’s 2026 Valentine’s Day campaign, “Celebrating Love Stories Since 1837,” includes a short firm starring actress Adria Arjona.
