Who has their ring insured?

posted 3 years ago in Rings
Post # 2
Member
3420 posts
Sugar bee
  • Wedding: July 2015

I think most people with rings above a certain price insure them. I have a diamond heirloom rhr that is insured and my e-ring will be insured as well. Insurance is an added expense yes, but if something were to happen to your ring it would be worth it.

Post # 3
Member
112 posts
Blushing bee
  • Wedding: November 1999

Mine is not, but I tend not to lose things and total cost of the set was around 2k – certainly not peanuts, but could be managed if needed.

Post # 4
Member
954 posts
Busy bee
  • Wedding: August 2014

sarahalthea:  We have my ring insured, I can’t imagine someone not insuring their ring! I had my ring for half a day, and during that time, knowing the ring was insured helped keep my calm(ish). 

Post # 5
Member
219 posts
Helper bee
  • Wedding: May 2014

sarahalthea:  One of the first things I did was ask for the paperwork so I could add it as a rider to my homeowners (I’m a romantic). I was mortified that he had it for a couple of weeks at his place uninsured. It would not really be manageable to replace otherwise (although I’m sure we would have found a way!). I was instantly more relaxed after it was on the policy. I know a lot of women whom have lost their wedding rings and didn’t have them insured.  I’ve also seen quite a few signs in the restrooms at work looking for lost rings.

Post # 6
Member
2261 posts
Buzzing bee
  • Wedding: October 2014

We just insured mine. It added a little more to our monthly payment but it is far too expensive not to…. better safe than sorry

Post # 7
Member
54 posts
Worker bee
  • Wedding: July 2015

sarahalthea:  I used perfect circle for my insurance. My ring is a antique ring (family heirloom) so there really never could be any “replacing” it but it’s worth WAY more then I could afford to replace at least I know I am sort of covered. That being said I still get nervous wearing it sometimes.  I say regardless of the worth always insure.  Better to be safe then sorry.

Post # 8
Member
161 posts
Blushing bee
  • Wedding: May 2014

We got my ring on Ebay for 100 pounds. . .bargain bride

Post # 9
Member
10495 posts
Sugar Beekeeper
  • Wedding: January 2011

When I was renting it was specifically added.  I didn’t have to do anything special for my homeowner’s insurance though, it was automatically included with the policy.

Post # 11
Member
2738 posts
Sugar bee
  • Wedding: August 2012

My whole set was $6 000, mostly because of custom work. I don’t want to add it onto our home insurance because that’s extra cost every month and I’m always wearing it so I won’t lose it. It’s tight to take off so it won’t slide off for sure. I paid a one time percentage fee for a store warranty so they will do any work on the ring for free as long as I get 2 ring inspections a year. Love that coverage so it’s enough for me. 

If it got lost or stolen, I would consider getting something else altogether, probably moissy, so it wouldn’t be crazy expensive. 

Post # 12
Member
529 posts
Busy bee
  • Wedding: June 2014

Yep- we insured it before he even proposed. In fact, I think we insured it the day it was scheduled to be shipped out to us, before it was even in our hands!

I was shocked to learn that my recently married friend still doesn’t have hers insured after almost two years. Her center stone is an herloom, so the ring itself didn’t cost much as he just had to pay $1k or so for the setting, but the ring itself appraises at around 5-8k, so I’d think they’d want it insured…

Post # 13
Member
795 posts
Busy bee
  • Wedding: June 2014

Mine is 12k and we insured it. I lose everything, so I’m not sure why FI thought purchasing such an expensive ring was a good idea! We recommend Jewelers Mutual versus adding it to your home or renters insurance. 

  • This reply was modified 2 years, 8 months ago by  librarygirl85.
Post # 14
Member
588 posts
Busy bee

We have mine insured through our content insurance. I’d never feel comfortable not having insurance for something like this. It cost more than our car! (it wasn’t an expensive car, as cars go, mind you).

Post # 15
Member
497 posts
Helper bee
  • Wedding: August 2014

sarahalthea:  we insured mine too. I would have stressed too much if it was not!

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