Ring Insurace

posted 2 years ago in Rings
Post # 2
Member
629 posts
Busy bee
  • Wedding: October 2018

We used jewlers mutual and it costs about 1% of the ring’s appraised replacement value per year.  

Post # 3
Member
356 posts
Helper bee

I used Jewelers Mutual too. It was cheaper than adding it to my home owner’s insurance. I just added my FI’s Rolex to the JM policy. So far so good.

Post # 4
Member
38 posts
Newbee
  • Wedding: April 2018

We added it to our auto insurance with Geico. Reasonably priced, plus we know Geico has awesome customer service. 

Post # 6
Member
38 posts
Newbee
  • Wedding: April 2018

PrincessPeach13 :  Just clarified with hubby-He called Geico and they directed him to a company they work with. So the ring isn’t technically insured through Geico but rather through that recommended company. But when I had questions I called Geico and they directed me to the exact person I needed to speak with. I wasn’t even aware that it was a person from a different company that I was speaking to so I that’s why I thought it was straight through Geico. Still a good price and still good customer service experience for me. Hopefully that helps. Good luck!xx  

Post # 7
Member
971 posts
Busy bee
  • Wedding: October 2015

First off how much was the ring? If it was under 5k then it’s really not worth insurancing because of the cost ratio for the yearly fees paid to insure it; this was also a rule our appraiser told us. Jewelers Mutual strictly insures jewelry with fantastic coverage so personally I would use them but we ended up added a policy to our homeowners though USAA. 

Post # 8
Member
306 posts
Helper bee
  • Wedding: February 2018

Jewelers Mutual – $90+ bucks a year for $9000 coverage. And they do repairs too! 

Post # 9
Member
290 posts
Helper bee
  • Wedding: May 2012

We use USAA. Our home in the states, when we lived in it, we used our homeowners policy through a local insurance company. It was something like $180 per year?  But when we started renting that house out to tenants, we had to find a different insurer. USAA had a great price as an add on to our renter’s policy here in the U.K. It’s dirt cheap, I want to say 15$ a month? 12$ maybe. 10k coverage amount. 

Post # 10
Member
735 posts
Busy bee
  • Wedding: July 2018

We use Lavalier because that’s what the jeweler we used recommended. It was 80 dollars a year and it was the easiest thing I’ve ever had to do when a prong broke and I needed to get it fixed. I filed the claim and two days later I had a check in the mail. No complaints here! The ring is covered anywhere in the world, for loss, theft, complete damage, acts of god…. everything and everywhere. It is great for peace of mind. 

Post # 11
Member
2587 posts
Sugar bee
  • Wedding: July 2015

We both have vintage/antique sets and insure them with a company that would give us the money to replace them with an antique jeweller. But I do sometimes wonder if there’s any point; if I lose my ring I’ll be devastated and it’s one of a kind so is literally irreplaceable. The money would not be recompense. We will also pay enough a year that if we saved that we could buy a new ring anyway…

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