Does Homeowners Insurance Cover A Lost Diamond? 
If the jewelry is a scheduled item it would cover it in most cases . Scheduling an item means that it is specifically listed on the policy for an appraised amount . If you own expensive items it is always best to get them appraised and scheduled . Jewelry is covered under a homeowners policy for specific perils , but only up to an aggregate limit . Check with your agent and have him review your coverage with you . 