Engagement Ring Insurance & Wedding Ring Insurance
An Essential Investment for Jewelry Connoisseurs

Engagement ring insurance and wedding ring insurance is an important consideration for anyone investing a good sum of money in their partner's jewelry.

Engagement ring insurance offers coverage primarily in the event of theft. Many homeowner's are offered some protection via their home policies, however these policies often do not offer the same coverage that individual wedding ring insurance might. Whereas engagement ring insurance will provide for the entire appraisal value of your ring, a typical standard insurance policy may only cover $500 of loss. Which is why you definitely need to check into making sure you have the right amount of wedding ring insurance!

There are many options available for the consumer seeking engagement ring insurance.

Engagement ring insurance can offer coverage for any dollar amount. General policies such as those a renter might have often set limits for the loss of personal property which includes jewelry. So there is a possibility that you will not have enough wedding ring insurance and your precious jewelry will not be covered in full if something were to happen.

Many insurers provide engagement ring insurance that offers no deductibles and full coverage for the value you declare on specific items when first acquiring insurance. Another added benefit of wedding ring insurance is you can accept a cash settlement if something happens to your jewelry, rather than only having a replacement option.

Be sure to look at a couple of different groups when looking to buy engagement ring insurance to make sure you purchase the policy that will best meet your needs. Some wedding ring insurance policies will cover repair and replacement of certain pieces, while others will only cover the cost for replacing the lost or damaged item.

An engagement ring insurance policy that offers a repair option may be more ideal for the consumer who tends to rough handle their stones. Keep in mind that prior to acquiring wedding ring insurance, you will be asked to have an appraisal of any items you wish to insure.