Post # 1
It occurred to be that just by applying for an insurance poiicy for my ring, and our other jewlery, we might be making ourselves targets for theft. Am I crazy to imagine this? I mean, we are giving our names, addresses, and inventories to someone. Could an agent potentially sell addresses and inventories of targets for theft? What protects us from THAT? Anyone know?
Post # 3
I see what you’re saying… but I think you’re being paranoid. I’m a fairly paranoid person and I had never even thought of that (my ering is insured). I think the chances of you losing your ring or having it stolen have to be a lot greater than the chances of someone at your insurance co. deciding that you are the one (out of all their clients) they’d like to rob and tracking you down and robbing you. And if they did, the insurance co. would be on the hook to replace it for you anyway.
I wouldn’t worry about it!
Post # 4
I agree. Sounds like something I’d think of though so I completely understand. 🙂
Post # 5
I believe it is illegal for your insurance company to sell your information to someone. This is why you need to go with a reputable company.
Post # 6
Well I haven’t ever heard of it and never have worried about it.
Post # 7
Do you insure your car or home? I don’t really see the difference between insuring those big ticket items and a piece of jewelery.
Post # 8
i agree with evabostonterrir because if you insure your home or your car whats the difference then insuring your ring? i think your being paranoid about it, and its illegal for them to sell your info!!!!! I would much rather have my ring insured then not!!!!
Post # 9
Yes, I know it’s illegal to sell the information, and most insurance people are probably honest. Better to insure than not.
Post # 10
I am an insurance agent… trust me… your information is safe. Insurance agents are licensed through the state. Our licenses can be revoked so easily. Most agents worked very hard to get their license (the test is ridiculous!) and don’t want to lose it for anything. Not to mention if they are in sales, the tend to make a lot of money. The only thing most are concerned with is how much money they can make off of your assets! The more assets you have to insure, the more money they make. They want you to be a long time customer because they will make money off of you every year. I hope this helps set your minds at ease!!!
Post # 11
@mkeller3232 Thanks for the professional perspective 🙂