Written by
Reviewed by William Cooper
We’re delighted to introduce, we believe, the UK’s first comparison site for luxury jewellery and watch insurance.
If you can cover your car online instantly, why not your jewellery? At Stanhope, not only do we specialise in providing bespoke insurance solutions for private clients, but we also strive to find innovative ways to improve and streamline your experience with us.
24/7 cover for luxury products
In August 2024, we launched a first-of-its-kind service, offering clients up to four instant luxury protection solutions over the phone for standalone jewellery and luxury watch cover. From February 2025, these options will be available online to you through our new and unique comparison site. You can benefit from up to four instant quotes and the ability to arrange cover entirely online for jewellery, watches, collections, and art—anytime, anywhere.
Why did it need to happen?
Did you know that in July 2024, 90% of insurance shoppers used comparison sites to buy motor insurance?
Access to instant choices, up to four coverage options and premium ranges allows you to select the luxury insurance that suits you quickly and confidently, knowing you’ve explored a range of reputable options.
I believe this is the most significant change to the luxury goods insurance markets in a decade. I have been involved in luxury insurance since 2011 and largely, brokers still conduct business today in the same way they did back then. Sure, we’ve seen innovation with quote and buy websites built in the last decade, but no one has built a quote and buy comparison site
Matthew Ashton, Director at Stanhope
What are the benefits?
With up to four quotes in one place, our service offers significant advantages:
- Instant comparisons – Quickly access competitive offers for multiple products, allowing you to insure on the go.
- Varied cover options – Choose from different levels of cover to suit your individual requirements and budget.
- Positive competition – Multiple providers in one place ensure healthy competition, helping keep premiums competitive and terms favourable.
- Underwriting flexibility – With three insurers and four products to choose from, you could secure terms that weren’t possible before.
- Streamlined claims process – Our insurers are committed to a seamless online claims journey. No matter which product you choose, Stanhope will support you every step of the way to ensure a quick resolution.
Who is our luxury jewellery comparison service for?
Our luxury protection service is ideal for anyone looking to insure luxury items, including jewellery, watches, collections, and art. This could include:
- Engagement or eternity rings
- Necklaces, bracelets, and earrings
- Fine art, coin or stamp collections, wine collections
- Items stored in a safety deposit box.
Innovators in the luxury insurance market
Search for luxury insurance online today, and you’ll find only a handful of brokers, each typically offering cover for a single product. Most rely on either online or over-the-phone buying experiences.
Stanhope’s quote and buy platform is different, offering:
- Choice – Giving luxury consumers the ability to shop around before buying insurance.
- Instant results – Allowing you to insure your items quickly when time is of the essence.
- A personal touch – Ensuring there’s always a human available to discuss your options if needed.
This innovative service has attracted interest from some of the most respected names in the market, enabling us to offer Chubb Select and Chubb Premier products – options not usually accessible through other UK providers.
How we stand out from the crowd
Unlike most insurers or brokers, who offer only one quote online, we allow customers to compare up to four high-value jewellery or luxury watch products in one place, all available for purchase online.
Shop in a new way for your jewellery insurance
Ready to experience a better way to insure your luxury items? Click here to get your personalised quotes today. Alternatively, contact one of our insurance advisers at 01730 777 600.