(Closed) Appraisals? Insurance? Help!

posted 6 years ago in Rings
Post # 3
1828 posts
Buzzing bee
  • Wedding: December 2013

@inkedbride:  I would get  an appraisal first just in case something happened when getting it sized. Maybe contact your insurance company and ask them who they would recommend as an appraiser. Last thing you need after paying to have it appraised is your insurance company telling you that that particular appraiser isn’t qualified to their standards.

Post # 4
209 posts
Helper bee
  • Wedding: April 2013

My fiance bought my ring from Jared’s, so I am able to go there and get it resized anytime for free.  Did he buy your ring at Kay’s because they might have the same policy?  Also Jared’s brings in an appraiser every month or two, so I had to set an appointment to get it appraised (this was also free).  I called my Insurance company right after he proposed and they asked that I get an appraisal before I could put it on my policy… so I would suggest doing that first.  But your Insurance company may do things differently, I would just call them and ask 🙂

Post # 5
1361 posts
Bumble bee
  • Wedding: September 2012

You will need to have it appraised to have it insured, but most jewelry stores should have someone who can do this (have your Fiance call the store he bought it at because many will provide an appraisal with the ring).  My e-ring and is insured through Jewelers Mutual, and we will insure the wedding bands through them too, when the time comes.

Post # 6
4714 posts
Honey bee
  • Wedding: January 1998

Get it insured just to be safe and if you bought it where you are getting it sized they should do it for free.

Post # 7
1676 posts
Bumble bee
  • Wedding: June 2011

I would get mine insured before having it sized. It’s unlikely that something will happen, but you never know. If it were me, I would choose an insurance company that writes you a check rather than gives you a credit to use with a jeweler. I had my wedding set (which, sadly, I lost) insured through Jeweler’s Mutual. The company was great, except for the fact that you have to choose a jeweler upfront then they pay the jeweler directly for the replacement. This means your options are limited. If you choose something that is less expensive, you just lose the balance. If you went with a company that writes you a check, you would be able to choose something at any price and simply keep the difference (if your choice happened to be less). Also, the replacement credit policy can only be done with a jeweler, which means you can’t buy anything secondhand from an individual (which is an excellent way to get a good deal and find estate pieces). All in all, I don’t like my options to be limited. I like to make the best choice for the money I have to spend and what I want without worrying about it fitting into certain parameters. Jeweler’s Mutual has been great to work with, but I’ll choose another company in the future because this policy doesn’t fit with my desire to have flexibility. 

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