(Closed) Just a question???

posted 8 years ago in Waiting
Post # 3
Member
689 posts
Busy bee
  • Wedding: September 2010

we are getting insurance on the ring in case something happens to it…we haven’t gotten it yet, but will soon be…

Post # 4
Member
408 posts
Helper bee
  • Wedding: November 2010

I just got renter’s insurance for a myriad of reasons, but insuring my ring when the time comes was one of them- as well as my tv…furniture….clothes, etc. It’s just good sense to have insurance of any item of worth.

Post # 5
Member
108 posts
Blushing bee
  • Wedding: September 2010

Oh I am a spaz, we have a policy on my ring, full coverage in case of theft, loss, damage. It’s not very expensive – you’re definitely not being overprotective, I don’t know where we’d get the money to replace it otherwise!

Post # 6
Member
582 posts
Busy bee
  • Wedding: July 2010

My FI insured my ring right away. Something that valuable has to be insured its smart.

Post # 7
Member
1363 posts
Bumble bee
  • Wedding: June 2009

Absolutely!  Your ring is a substantial and you’d want it replaced if something happened to it.  We added a jewelry rider to our renters insurance.  

Post # 8
Member
193 posts
Blushing bee
  • Wedding: December 2010

I think it might be worth it. I did not insure it as my renters insurance covers the ring for up to $3000.  When the appraisal goes over $3000, which isn’t long then I will need to insure it.  I feel you can not over insure it.

Post # 9
Member
4480 posts
Honey bee
  • Wedding: March 2010 - Calamigos Ranch

It costs very little to add a carrier to your rental or homeowner policy to insure an engagement ring, so it almost doesn’t make sense not to!

Post # 10
Hostess
18646 posts
Honey Beekeeper
  • Wedding: June 2009

I got insurance on my ring.  It costs us an additional $3 every month to cover $2k worth of jewelry.

Post # 11
Member
1093 posts
Bumble bee
  • Wedding: June 2011

I would recommend getting insurance on the ring.  My ring is covered with Jewelers Mutual, which is specifically for jewelry.  It’s around $10 a year for every $1000 your ring is appraised for (depending on where you live).  It’s worth it to have a peace of mind!  I move my hands a lot and I know one of these days I’m going to bang my ring on something 🙂

Post # 12
Member
542 posts
Busy bee
  • Wedding: August 2010

You aren’t being overprotective.  It’s easy to insure and doesn’t cost that much money.  We added it to my homeowner’s insurance and it was covered the same day, just needed to bring in the description and an appraisal.

Post # 13
Member
2397 posts
Buzzing bee
  • Wedding: May 2010

I agree with Spaniel, it costs nearly nothing to add it to your homeowner’s/renters insurance.  I believe when I added my ring, it cost $28 a year.  Definitely worth it!

Post # 14
Member
1566 posts
Bumble bee

FI got my ring insured before proposing. It’s $10 for every $1000 of value. I couldn’t imagine not insuring it – I’d be freaking out about it every day!

Post # 15
Member
2054 posts
Buzzing bee
  • Wedding: March 2011

I am definately getting insurance…I am gonna do it with my home insurance and it will end up being something like 5 bucks a month…DEF WORTH IT. But most of the time if you get it insured they need the official GIA certification of the diamond so if you dont have the ring certified you might have get that done…just a heads up!

Post # 16
Member
611 posts
Busy bee

As an insurance agent I highly suggest you get the little bit of extra insurance to cover your new ring! It’s well worth!

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