Post # 1
I’m wondering if anyone knows of an insurance company that will insure JUST my ring. We’re living in an apartment right now, and our lease will be up in 6 months – we’re then planning to buy a house. We dont have renters insurance, and at this point…my fiance thinks it be a waste of money. Until we get a house and homeowners insurance..how can I get my ring insured?
Post # 3
Most property and casualty insurance companies offer “floaters,” which you can use to insure your personal articles. You would use this type of insurance to insure only your ring (or other valuable items.) I know both Travelers and State Farm offer floater policies.
Post # 4
There’s a thread about it here: http://boards.weddingbee.com/topic/ring-insurance-do-you-have-it. I feel like Miss Mary Jane also had some posts about it, but I can’t be too sure…
I have Chubb and my sister has Jeweler’s Mutual for just our rings. I really like my policy. Once I get the wedding bands, I’ll stick them onto the policy as well.
Some floaters do not cover the full cost of the engagement ring, so make sure you check if you go that route!
Post # 5
It might be cheaper to get a personal articles policy. I have a homeowner’s, but it ended up being cheaper to get the personal aritlce policy (rather than get a ring policy through jeweler’s mutual or to get an addendum to my homeowner’s)–like just a ring policy, there’s no deductible. Check with the company that does your car insurance for a second policy too.
Post # 6
My fiance and I used State Farm. They offer other policies, but they also insure just rings.
Post # 7
We used Jewelers Mutual. We didn’t want to add a “rider” to my house ($800 a year for rings? no thanks) and it was relatively inexpensive to insure all of our rings (just wedding rings, e-ring, etc, about $150 a year) and a jeweler I worked with recommended them highly, as his business was insured through them.
Post # 8
I have my ring insured on State Farm’s personal articles policy
Post # 9
My Traveler’s personal articles policy was only $101. I was debating between that and Jewlers Mutual, but decided it was cheaper for the rider & easier to just use one carrier.
Post # 10
Where did you buy your ring? We bought insurance with mine that covers everything. If a diamond falls out, needs re-dipped, stuff like that. I think it was only an extra 5o dollars with the cost of the ring. I’d check with your jeweler. = ) State farm is also a good choice!
Post # 11
Mine is also insured through Jewelers Mutual. I believe its about 1 dollar for every 100 dollars of the appraisal amount for the year.
Post # 12
I’m in a similar situation. I rent a townhouse so my Fiance insured my ring through Jeweler’s Mutual. He said it was super easy to do and that were really easy to work with.
Good luck !
Post # 13
I got my ring insured right after the engagement. The diamond was his mothers. So if I lose the ring, I have no ring and the Mother-In-Law will hate me. I went through my homeowners company, but couldnt get it in the policy because it only covers up to 10k. So I had to get a seperate personal articles policy. The company I used was Travelers.