Post # 1
For those who have Jewelers Mutual to insure their ring. Did you have to pay the full annual rate or monthly when you signed up? We are moving in 2 months and our current zip code has a much higher rate than the one we are moving to so I’m not sure which to go by. Thanks!
Post # 2
I don’t know if we HAD to but he paid it all up front.
Post # 3
They give you option to split it I think but the split ends up costing more if I am not mistaken..so I just paid full amount.
Post # 4
I am not sure. I just paid the annual upfront as it was reasonable. But even if you pay in smaller payments, I expect it is based on the calculated premium from when you signed up. I would call and ask if you could adjust it after you move and get money back. My guess is they might say no, but it is worth asking! Otherwise, if you signed up now you would need to wait the year until renewal 🙂
Post # 5
Thanks everyone. I emailed them and am just waiting to hear back. i might just pay the full amount to be safe. It’s only a couple more months before we move. I’m just paranoid if something happens to my ring in those 2 months.
Post # 6
It wasn’t JM, but our homeowners’s policy actually refunded some premium once when something happened (I don’t recall what) that lowered our premium costs. Insurance companies tend to be pretty good about this.
Post # 7
I paid the full amount up front