STYLETHREAD -- LET'S TALK SHOP!

My engagement ring is insured separately from our renters insurance. Basically, you have to get a quote from a jeweler stating the value -- the quote is usually very detailed and has photographs, etc. Then you submit that to insurance company for coverage.

My engagement ring is insured through our homeowners insurance.

I got a jewelry rider like Kitty. Basically I called them up and said I wanted to insure my engagement ring separately because I didn't think the coverage under the renter's insurance would be enough for everything I have. I had to fill out a form and fax it back and then have the jewelry store send an appraisal slip - my receipt wasn't enough because it wasn't as descriptive as they wanted.

Thanks! I'll give my company a call tomorrow.

I have LM for my Homeowners - I belive mine covers individual pieces under $1000 but anything over that needs a rider.

My renters insurance covers small items, but I don't have that much so NBD!

Kitty wrote:

---

 

AllieGurl wrote:

---

I wish I had insured mine , I lost my center stone diamond in my wedding ring last year and didnt have any $ to replace it so now i am wearing a cz. :(

---

Holy crap. I have actually heard of this happening to several people and it really stresses/worries me. Even more than the $$ is the sentimental value.

 

 

---

Trust me , I cried like a baby. My husband picked the stone out and then designed the setting to match it, it was very upsetting.

 

I have a separate policy that covers my e-ring, wedding band, and a few other pieces. It is definitely worth it in my opinion bc it's not that expensive and would defintinitely be worth it if I ever lost it or it was stolen. It takes awhile before you would 'lose' money on the policy. Essentially it would its such a cheap premium that it would take 80 years or something like that before I hit the amount I have them insured at. You do want to get it reappraised every few years though and have your policy updated.

I recently lost a necklace my FI gave to me for Christmas. We didn't have it insured bc we didn't think it was worth it. Although I was sad about they money that we lost I was more upset about the sentimental value the necklace had and it was so pretty! =( I can't imagine losing my e ring or wedding band.

My mom had her center stone fall out while doing laundry one time. She didn't notice until after the water had spun out and the diamond was down the drain. She cried forever because it was the same one he had proposed with and held so much sentimental value.