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Home Latest News

Berkley Asset Protection offers tips for reopening in an unprecedented era

July 21, 2020
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With states entering different reopening phases around the country, many jewelers are taking steps to reopen their business. Here are some key tips Berkley Asset Protection suggest jewelers consider when reopening:

  • Make sure your security systems are functional and up to date
  • Avoid a curb side pickup model – we know jewelers are eager to begin making sales, but curb side pickup runs the risk of severe losses
  • Let your local authorities know that you will be reopening – when an alarm goes off, local authorities are the first to respond so it is important to have a relationship with them
  • Follow your local guidelines – the CDC is still recommending people wear masks when in public
    • The Jewelers’ Security Alliance notes that it may be helpful to keep an employee or security guard near the door. This person can limit the number of people in the store, enforcing social distancing and mitigating concerns with masks concealing identities
  • Ensure that any installation of shielding for social distancing does not interfere with equipment or cause overheating due to interrupted air flow
    • Enhanced spacing of workstations that require additional electrical equipment can also put you at risk – be mindful when using extension cords for voltage and overheating
  • Restart electrical equipment in stages to avoid surge damage
  • Consider opening for limited hours at first – this will give time to clean the store and ensure you are not the only store open in the area
    • Make sure all jewelry is placed in a safe or vault prior to closing

If jewelers have questions about their coverage when reopening, please contact Berkley Asset Protection www.BerkleyAssetPro.com.

Berkley Asset Protection, a Berkley company, is a leading specialty insurance provider that offers insurance for all aspects of jewelry and fine arts businesses: jewelers block, fine art, museums, commercial property and liability, and workers’ compensation. The company also offers Lavalier Personal Jewelry Insurance https://lavalier.com/ and coverage for individuals’ collections.

For information about Berkley Asset Protection, visit www.BerkleyAssetPro.com.

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