Did you insure/appraise your moissy or gemstone ring?

posted 3 years ago in Rings
Post # 3
Member
1917 posts
Buzzing bee
  • Wedding: July 2012

I had my sapphire e-ring insured – it cost over $3K, so while it wasn’t as expensive as a diamond of the same size, I still wouldn’t like to lose it without insurance!

Post # 5
Member
3112 posts
Sugar bee

@Susanlee178:  I am also getting my Moissy soon, though not my first. It was less than $1k, but I think I’ll still get a quote.  $25/year for peace of mind doesn’t sound bad!

Post # 6
Member
2731 posts
Sugar bee
  • Wedding: October 2014 - Disney

Yes we paid 8k, she’s worth twice that. Thats a small car, I think that needs to be insured.

Post # 7
Member
3869 posts
Honey bee
  • Wedding: September 2012

DH got it appraised and added it to our renter’s insurance.

 

Post # 8
Member
1826 posts
Buzzing bee
  • Wedding: December 2013

Appraised and insured…my alexandrite cost MORE than the equivalent size/quality diamond. To say non diamonds are typically cheaper is just not so…there are cheaper gems and ones that are WAY more.

Post # 9
Member
749 posts
Busy bee
  • Wedding: February 2018

I have no insurance on my moissy ring but then its never off my finger to get lost/stolen/ruined. I only take mine off when i wash my hair and give FI it to hold on to.

 

( he keeps it on his pinky for me til i get back 🙂  )

 

 

 

Congratulations!! please add pics 🙂

 

Post # 11
Member
34 posts
Newbee
  • Wedding: August 2014

I’m in the process of adding my sapphire e-ring to our insurance policy as a rider.  I had to look harder for an appraiser though since my finace didn’t have it appraised when he purchased the ring.  It was much harder to find a gemstone appraiser than a diamond appraiser, so make sure you get the paperwork or have a good one in mind!

Post # 12
Member
1779 posts
Buzzing bee
  • Wedding: August 1997

@Susanlee178:  I think insurance is usually a good idea and quite inexpensive.

Whether or not it’s worth the cost of the insurance depends on the value of the entire ring.Even if one only has a diamond simulant–sometimes the setting those are in are quite expensive!

@Luayne:  I hear you. Alexandrites are amazng & very special! I have a natural 3 stone ring myself as well as a pendant.

Post # 13
Member
6875 posts
Busy Beekeeper
  • Wedding: March 2014 - A castle!

@Susanlee178:  Yes!  You can insure your non-diamond ring through your home owners insurance or through an independent company.  My insurance is $25/year and covers the entire cost of the ring if it’s lost, stolen, chipped, or if any of the pave falls out they will cover the costs for any repairs.  I think my insurance is through Jeweler’s Mutual.  Hope this helps!

Post # 14
Member
1826 posts
Buzzing bee
  • Wedding: December 2013

@gemgirl6:  My ering is a one carat natural alexandrite with excellent cut, quality and colour change set in a custom 18k white gold setting. I absolutely love it and wish I could buy more but I think that will be it for a long time! lol

Post # 15
Member
905 posts
Busy bee
  • Wedding: September 2015

I haven’t had my garnet engagement ring formally appraised (because the jeweler I wanted to go through needed me to send my ring to their appraiser for a matter of weeks… too soon!).  However, I did insure it through my renter’s insurance using the receipt from the store where we bought it.  So, it’s insured for the cost of the setting plus the cost of the center stone (~$1200).  I do want to get appraised at some point, just because it seems that appraisers always give rings a higher value than their purchase price, and I don’t think it would hurt to have some cushion in case of disaster.

Post # 16
Member
1779 posts
Buzzing bee
  • Wedding: August 1997

@Luayne:  would you mind posting a picture? I so love Alexandrite what a unique stone!  Mine are in 14k yellow. They’re fairly clean, I have a decent color change in ring but not fabulous! Here is mine:

 

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