Post # 1
I wanted to get everyone’s opinion/recommendations on where I should insure my engagement ring. I currently live in my FMIL’s home, so I don’t have renters or homeowners insurance that I could possibly tack it onto. Any great recs out there?
Post # 3
Post # 4
As we had home-owners insurance, my E-Ring is a rider on that policy (probably the way most people insure their jewellery… the “traditional” route)
For folks who are just starting out, students, travellling, or different circumstances with a not lot of other worldly goods, then there are specific providers / policies for jewellery… like the one that @lolaswann: linked to.
Hope this helps,
Post # 5
I work for insurance and jewelersmutual is ok but if I were you I would probably invest in the minimum amount of tenants insurance you can for where you live and add it onto that. Even though you don’t technically rent your personal belongings would not be covered under her homeowners insurance so if that house burntdown you would basically loose anything you own. Also it’s usually cheaper that way and you get better coverage.
Post # 6
Jeweler’s Mutual is great. It has one of the better coverage policies in my opinion (was better than a rider on our homeowners) and is very affordable. Mine is $200/year for $20k. I’ve never had to file a claim but I have heard good things from those who have.
Post # 7
I did Jeweler’s Mutual – $4500 appraisal, $68 a year with no deductible. That’s a heck of a deal, plus peace of mind!
Post # 8
I got mine through my home insurance, but if you don’t own a home then that won’t help you.
Post # 9
I just researched jeweler’s mutual and am going to go with them!
Post # 10
My condo insurance includes 10K worth of coverage, which is actually higher than the average policy (the broker told me most policies have only about 5K or so), so it’s enough to cover all three of our rings. We’d still have to pay the $500.00 deductible if anything happened to them, but that’s the equivalent of paying into a decade or so of a policy with an independant insurer anyway, so it all works out.
Post # 11
A lot of home policies don’t cover replacement if your ring is lost / stolen outside your home. That’s why I think an individual policy is the most worry-free! I’m really glad I got mine. I’ve never owned anything this expensive, aside from a car, so it makes me feel more secure that if anything happens, we’re covered.
Post # 12
We have a personal articles policy on our homeowner’s that covers my ring and wedding band. I also plan to have some of my ‘good’ jewelry re-appraised and added to it.