Lavalier Personal Jewelry Insurance and Gemological Science International (GSI) have formed an ‘affinity partnership’ under which the former will offer a 10% premium discount when consumers submit a grading report from GSI for jewellery they insure at Lavalier.com. 

The Lavalier policy is “all risk,” covering everything unless expressly excluded. The worldwide coverage includes loss, damage, theft and mysterious disappearance/unexplained loss, newly purchased jewelry and jewelry in transit for inspection, repair or sale.

Consumers can obtain instant, online insurance quotes at Lavalier.com by entering just their ZIP code, value of item to be insured and their choice of deductible. The GSI discount is applied when they upload the grading report. 

The policy is underwritten by Berkley National Insurance Company. Berkley Asset Protection has an A.M. Best rating of A+ and a Financial Size XV which reflects a strong foundation. GSI and Berkley were both formed in the 21st century and are both customer centric organizations.

Debbie Azar, GSI’s Co-Founder said, “We are extremely pleased to be able to offer this added value to our customers and to be associated with a premier insurance company like Lavalier/Berkley.”

Joseph Dowd, president of Berkley Asset Protection commented, “Reliable, accurate jewelry descriptions and values, such as those from GSI, are indispensable for consumers to obtain appropriate insurance for their treasured jewelry pieces.”

He added that very often, consumers receive documents with inflated values or vague descriptions that make it difficult to replace or repair with like kind and quality in a claim situation, and that GSI provides independent, third-party documentation that consumers can rely on.

Berkley Asset Protection is the fastest-growing insurer of jewelers block and fine arts insurance, serving clients in the United States and internationally.