--- title: Kim Kardashian Won't Recoup $10 Million for Stolen Jewels description: Following the armed robbery, Kim Kardashian files an insurance claim for the stolen goods for far less than $10 million originally reported. authors: - name: Megan Leonhardt url: https://money.com/author/megan-leonhardt/ at_money_since: 2016 articles: 204 covers: - Insurance - Banking - Business - Career Advice - Credit - Credit Cards - Economy and Politics - Education - Housing - Identity Theft - Investing - Lifestyle - Loans - Personal Finance - Retirement - Shopping - Taxes - Technology social: - https://x.com/Megan_Leonhardt former_staff: true published: '2016-10-07T14:35:35.000Z' modified: '2016-10-07T14:35:35.000Z' section: Insurance tags: - Crime - Insurance - pubdesk word_count: 254 canonical: https://money.com/kim-kardashian-stolen-gems/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Siran Presentation At Hotel Plaza Athenee - Paris Fashion Week Womenswear](https://img.money.com/2016/10/gettyimages-612051796.jpg) *Kim Kardashian attends the Paris Fashion Week prior to Sunday's robbery.* Kim Kardashian’s stolen jewels are not quite worth the whopping $10 million as initially reported. The reality star, who was robbed at gunpoint in her Paris hotel last Sunday, filed an insurance claim that values the stolen goods at a far lower amount than originally reported, according to [insurance documents obtained by TMZ](http://www.tmz.com/2016/10/07/kim-kardashian-stolen-ring-insurance/). Thieves stole about a dozen items from Kardashian, including a jewelry box full of valuables, a purse, two cell phones, cash and her 20-carat, emerald cut [Lorraine Schwartz diamond ring](http://people.com/style/kim-kardashian-stolen-diamond-ring-details/). Kardashian received the upgraded ring from her husband, Kanye West, in June in celebration of closing a [deal with Adidas](http://nymag.com/thecut/2016/10/kanye-west-gifted-kim-kardashian-her-ring-after-adidas-deal.html) to sell his YEEZY line of clothing. The ring alone is worth $4 million. The other 13 items she claimed with insurers were worth about $1.6 million, bringing the total value of the crime to $5.6 million. Some of the difference between the originally reported value of the stolen goods and the insurance value can be chalked up to the insurance policy. [Robert Lejman, president of Argyle Insurance Agency, told Complex Style](http://www.complex.com/style/2016/10/kim-kardashian-robbed-paris-jewelry-value) on Monday usually jewelry is insured under what they call an agreed value policy. "Agreed value" means that the policy is set at what you will receive as a settlement value, rather than a replacement policy, in which you would receive the actual retail dollar value. “The designer could’ve charged $4 million, but they could have insured it for less than that, if they wanted to. 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