Post # 1
I was wondering if there were any bees out there who had their moissanite rings insured? I have a moissy e-ring that I was thinking about insuring but I don’t know if it’s worth it since it would probably be easier to replace than a diamond would. On that same tangent though, I’m not sure DH and I would be able to replace currently it if something were to happen to it. Also, how much did your appraisal cost?
Post # 2
I don’t have a moissanite but I chose not to insure my ring. My ring was expensive. But it’s not a one of a kind heirloom or a $1 million ring that we couldn’t replace if something happened.
Post # 3
I have 2 mossianite rings one I’ve had 10 years and the other 2. Neither are insured. I get them checked religiously by a jeweler every 6 months. If something does happen to them, it would be cheaper to replace than to pay insurance on them.
Post # 4
No mine isn’t insured. Just because if something were to happen to it we could buy another. If it were a diamond than I’d definitely insure it though! It wouldn’t hurt to contact somewhere like jewelers mutual and see what kind of coverage you can get and how much it costs monthly. If it’s a reasonable price than why not!
Post # 5
I would still insure it. Even though the stone is cheap compared to the same size diamond, the metal setting itself may be quite pricey. There are those who have their diamond sim in a $1500 (or more) setting… for most people, that’s not pocket change…
Post # 6
Nope. No insurance for me
Post # 7
I insure all my jewelry, diamond, moissy, or otherwise, under my home insurance. What’s the difference between that and insurance specifically for jewelry?
Post # 8
I don’t get the “we can afford to replace it” argument. I pay about $110 a year through Jewlers Mutual for my diamond engagement ring, wedding band, and diamond studs. That’s less than $10 a month in insurance.