Watch & Jewelry repair business insurance
Watch and jewelry repair shops handle a variety of repair services for their clients, including fixing new and antique watches, clocks, and jewelry items. Most people who request repair work on their watches or jewelry are bringing in antique or precious items with sentimental value, not to mention often high financial value. This increases your business risk due to the potential of damaging their precious heirlooms or having the items stolen from your shop. Therefore, you should get watch and jewelry repair business insurance in case something like this occurs.
Since there are many risks associated with a watch and jewelry repair business, there are also many insurance policies needed to cover each risk. The following are the most important types of watch and jewelry repair business insurance to consider purchasing for each of your probable risks.
Types of watch & jewelry repair business insurance