(Closed) insurance on your engagement ring?

posted 8 years ago in Rings
Post # 18
945 posts
Busy bee
  • Wedding: May 2013

We have it, but haven’t had to use it yet (granted, it’s only been a year). Neither of us trust me enough to not have it. I tend to be involved in a lot of freak accidents.

And yes, we went through Jeweler’s Mutual, but I think its called Perfect Circle or something now. They do have good rates.

Post # 19
1676 posts
Bumble bee
  • Wedding: June 2011

@blondemotives:  Yes, we went through Jeweler’s Mutual (although it is called Perfect Circle now like iammcdibble said). They were great when we filed our claim. We considered going through somewhere else this time because JM is a replacement company, so you have to choose one jeweler to work with for the whole process. It cuts out a lot of options like getting a stone from one place and the setting from another, estate sales, etc (so it can make bargain shopping much harder). Still, they were awesome to work with, and their rates are great. 

Post # 20
2104 posts
Buzzing bee
  • Wedding: September 2012

We have/had Jewelers Mutual, but now we’re going to add it to our homeowner’s insurance at our new house.  I wouldn’t even wear my ring if it wasn’t insured.

One of my close friends got a princess cut ring in palladium from Charleston Alexander Diamond Importers.  A prong bent and the stone fell out, never to be seen again.  She was devestated, but insurance made it so that she could replace the ring. 

Post # 21
659 posts
Busy bee
  • Wedding: November 2012

Holy cow.  Get it!!!! 

I wore mine for a little over 2 months before we insured it (we were waiting to finalize insurance on our new house).  I was a little paranoid to say the least, but now I have such peace of mind.

Post # 22
5659 posts
Bee Keeper
  • Wedding: August 2012

@blondemotives:  100% yes you need insurance if it was expensive enough that you couldn’t easily buy a replacement

Post # 24
1920 posts
Buzzing bee
  • Wedding: March 2012

My husband had my ring insured before he even gave it to me. Definitely worth it.

Post # 25
88 posts
Worker bee
  • Wedding: May 2015

my fiance and I have had poor experiences with past jewelry (not from the same store where he purchased my e-ring) but with the amt of money its worth (not sure exactly but its significant enough so he got insurance before he even gave it to me. I definitely recommed getting insurance my ring is .77 ct + a little bit for the side stones and costs about $75 for the year.

Post # 26
588 posts
Busy bee
  • Wedding: July 2013

I HIGHLY recommend getting insurance on your ring! 3 months after I got my ring my hand got slammed in one of our windows (we have old HEAVY windows).  My ring took the impact and it got smashed to the point where it wouldn’t come off my finger.  My mom had to force it off.  Insurance covered $2,600 worth of damages and barely asked any questions.  We pay very little annually for it but its worth every cent of it.


Get insurance! Had I not had insurance I would not have been able to afford fixing my ring.  You never know when some freak thing with happen!


Edit: Also, if you have homeowners or renters insurance you can claim your ring.  That is what we did.  I didn’t even have to pay a deductible to get my ring fixed.

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