I rent an apartment in Florida and my fiance lives in Washington state with her parents...we are planning to get married this summer...How do i insure the ring?
2006-10-06 08:10:42 · 10 answers · asked by rjax79 1 in Family & Relationships ➔ Weddings
Go to Jewelers Mutual website
https://www.jewelersmutual.com/
I had Jewelers Mutual recommended to me by many different people and decided to look into it. I later found out that my jewelers use this company for their insurance. I do own a home and jewelers mutual is less expensive than having jewelery on my homeowners. Even my homeowners agent told me that I won't find a better price than Jewelers Mutual.
The company is very helpful if you call with any questions and the best part is no deductible (if you choose that option). They also give out special discounts so if your finace parents have an alarm on their house...automatic discount!.
Jewelers Mutual will replace your jewelery if it is LOST or stolen...no questions asked. If it should fall down the drain or mysteriously disappear...it is replaced. You will work with your preferred jeweler for repairs and replacements that are covered by the policy. Most often you will return to the jeweler from where you purchased the piece or who provided you your insurance appraisal.
To start a policy you will need an up to date appraisal (within the last 12 months) and than every year when the policy is due to be renewed you will have to take the piece of jewelry, to a jeweler, to have it inspected before you can pay your premium for the next year. Most people forget to have their jewelery inspected so with their policy of having it inspected every year...forces you to have it checked out.
Don't let that piece of jewelry go insured. That's the worst choice you could ever make for spending so much money on it.
Hope this helps!
2006-10-06 17:06:15 · answer #1 · answered by dmh729 2 · 0⤊ 0⤋
Hopefully you already have a renters policy. Call your insurance agent or insurance company and ask about a rider for an engagement ring. The advantage to a rider for jewelry is that should it be lost or stolen, there is no deductible and the ring won't be subject to the limit on your home policy. It shouldn't be too expensive.
2006-10-06 08:23:45 · answer #2 · answered by Blue 7 · 0⤊ 0⤋
It doesn't matter if you have a home or not.
Go to the jeweler from whom you bought the ring, and ask him to recommend an insurance company to insure the ring.
Also, I would recommend that you buy renter's insurance for your apartment. If the ring is in the apartment now, and something should happen to the apartment, the ring would be covered under personal property.
2006-10-06 08:15:45 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Get a renters insurance policy and add the ring on to it. The only catch is that the ring needs to be insured in the apartment it is in. So, if she already has it, you may need to put it on HER renters insurance policy at her apartment. You can still pay it.
2006-10-06 08:30:36 · answer #4 · answered by Mike C 1 · 0⤊ 0⤋
on an analogous time, if this standards is used, various undesirable weddings does not ensue because of the fact human beings does not get previous the hurdle of procuring for jewelry. possibly the belief of three months earnings isn't a bad concept after all. My first spouse have been given a beneficial set of jewelry which she picked out herself. That marriage did no longer final nevertheless, as quickly as I remarried, we've been given a miles less costly set of jewelry at ok Mart. no longer even good gold, yet basically plated. interior of a 365 days or 2 we necessary new jewelry. we are actually on our 0.33 or fourth set of jewelry, extra suitable high quality each and every time of direction and those have been slightly costly. My spouse nonetheless does not have what you may call an engagement ring. interior the suited diagnosis the fee of the jewelry does no longer recommend all that lots. It i
2016-10-15 22:05:49 · answer #5 · answered by ? 4 · 0⤊ 0⤋
The store I went too offered pretty decent insurance policies... my girls ring ($7,000) is insured for damage, theft, and if it's lost... my policy on costs 2.00 a month... which I think is pretty cheap.... go ask your jewelry store if it's not too late to insure it there... the only catch on my policy, is my girl has to go into the jewelry store every 6 months so they can go over the ring......
2006-10-06 08:48:59 · answer #6 · answered by Anonymous · 0⤊ 0⤋
take your reciept to an insurance company, they'll answer all your questions. it's fairly cheap to have a jewelry policy. I think I pay 30$ for the whole year and that's full coverage.
2006-10-06 08:26:31 · answer #7 · answered by emt_jennijo 2 · 0⤊ 0⤋
call an insurance agent. Since she is still a dependent of he rparents, it may be covered under there home owners policy.
2006-10-06 08:38:32 · answer #8 · answered by Liz 3 · 0⤊ 0⤋
My suggestion, get something that is very pretty but not so expensive that you can't buy it with cash. I think it is stupid when people charge on a ring that cost more that there residential and car payment combined. Get what you can afford for right now. if she loves you the ring is secondary to you. Plus on your ten year anniversary get her the big ring.
2006-10-06 08:16:18 · answer #9 · answered by ricepat2000 4 · 0⤊ 1⤋
take out a renters insurance policy
2006-10-06 08:16:43 · answer #10 · answered by jack_and_jill420 3 · 0⤊ 0⤋