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Bride22BB
Board Enthusiast
Member since 9/04 202 total posts
Wedding Date:
8/12/2005 12:00 AM
Wed. Location:
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Engagement Ring Insurance
I have a beautiful engagement ring, but have not gotten any insurance on it as of yet, could someone please recommend a reasonable priced appraiser and an insurance company I could go with to obtain it. Or let me know if you think it's a waste of time.. Also, please give me prices you received for appraising your ring.
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Posted 10/8/04 10:51 AM 
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randella
I'm somebody's wife???
Member since 8/04 4685 total posts
Wedding Date:
4/16/2005 7:00 PM
Wed. Location:
The Carltun
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Re: Engagement Ring Insurance
We took out a rider on our renters insurance..
I think it was an additional 350 or something.
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Posted 10/8/04 10:57 AM
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lullabella
"I'm Addicted"
Member since 10/03 1112 total posts
Wedding Date:
11/20/2004 12:00 AM
Wed. Location:
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Re: Engagement Ring Insurance
I got my through Jewlers Mutual. It is around 500 a year.
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Posted 10/8/04 10:58 AM
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marymoon
Someday Bride
Member since 2/04 12229 total posts
Wedding Date:
12/31/2013 7:30 PM
Wed. Location:
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Re: Engagement Ring Insurance
Had mine appriased at a jeweler and rbought in the GIA cert. Also took out a rider on my dad's homeowner's insurance..was about $350.
it depends on the appraisal value of the ring, so yours could be a lot more or less!
ETA: My mother never had hers insured and she still has it over 30 years alter, but for me I feel better. I can travel with it, wear it places, and I have peace of mind! I would get so nervus about it befre. I mean, if you lost it, your FH is out thousands and it's not like we ahve the money to just go out and replace it. i think it's wroth it.
Message edited 10/8/2004 11:00:14 AM.
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Posted 10/8/04 10:58 AM
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Bride22BB
Board Enthusiast
Member since 9/04 202 total posts
Wedding Date:
8/12/2005 12:00 AM
Wed. Location:
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Re: Engagement Ring Insurance
How much did you have to pay to get it appraised.
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Posted 10/8/04 10:59 AM
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BlondeJD
La vie en rose
Member since 1/04 4988 total posts
Wedding Date:
1/1/2003 12:00 AM
Wed. Location:
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Re: Engagement Ring Insurance
Get insurance!!! Not only is it good if you lose the ring (heaven forbid) but also if you need to have work done on the ring. We used Jewelry Judge in Mineola/Garden City on Old Country Road. I think they charged $75. They were great, they took a picture of the ring, gave us a "blueprint" of the diamond (so that if we were ever afraid someone switched my diamond, we'd be able to go to the blueprint), and all the documents we needed for the insurance company. They're very reputable--we used Deborah. She's actually testified as an expert in a number of trials (we're both lawyers, so we liked that  )
I have an antique ring and the setting was actually starting to break a little (the ring is FH's great grandmothers from the 20's). I ended up needing $1400 of work done to "restore" the ring. Guess what? Our insurance company, Travelers, reimbursed us for the FULL amount of the services. Obviously, I'm very pro-insurance 
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Posted 10/8/04 11:00 AM
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lullabella
"I'm Addicted"
Member since 10/03 1112 total posts
Wedding Date:
11/20/2004 12:00 AM
Wed. Location:
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Re: Engagement Ring Insurance
Posted by Bride22BB
How much did you have to pay to get it appraised.
I think it was $50? It should be much more than that.
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Posted 10/8/04 11:01 AM
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Bride22BB
Board Enthusiast
Member since 9/04 202 total posts
Wedding Date:
8/12/2005 12:00 AM
Wed. Location:
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Re: Engagement Ring Insurance
Okay, great, sounds good..I will check them out..
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Posted 10/8/04 11:01 AM
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BlondeJD
La vie en rose
Member since 1/04 4988 total posts
Wedding Date:
1/1/2003 12:00 AM
Wed. Location:
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Re: Engagement Ring Insurance
Here's Jewelry Judge's website also: Jewelry Judge
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Posted 10/8/04 11:03 AM
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dawnie
Justin's Mommy
Member since 9/01 2818 total posts
Wedding Date:
3/30/2003 12:00 AM
Wed. Location:
Flowerfield A+
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Re: Engagement Ring Insurance
We used the Jewelry Judge also for our appraisal.
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Posted 10/8/04 11:04 AM
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Laura1976
Just call me Mrs.
Member since 8/04 1953 total posts
Wedding Date:
5/7/2005 5:00 PM
Wed. Location:
US Merchant Marine Academy A+++++++++++++++++
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Re: Engagement Ring Insurance
My FH got my ring from Blue nile, they sent an appraisal for it. All i had to do was call the local State Farm agent, went in with my ring, and my appraisal. It only costs $175 a year, thats nothing compared to what I lose if god forbid i lose it!
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Posted 10/8/04 11:15 AM
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winnietoots
Board Fanatic
Member since 7/04 329 total posts
Wedding Date:
9/3/2005 12:00 AM
Wed. Location:
North Ritz Club
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Re: Engagement Ring Insurance
i got mine through chubb. it is about 2-3% of the appraisal value.
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Posted 10/8/04 11:17 AM
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DjPiLL
Mr. & Mrs. Pill
Member since 4/04 4198 total posts
Wedding Date:
5/28/2005 5:00 PM
Wed. Location:
Swan Club A+
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Re: Engagement Ring Insurance
Jewlery Judge is great for appraisals!
Also... Chubb is an excellent company for E-Ring insurance. If you ever lose the ring... 9 times out of 10 they simply cut you a check for the appraisal value. No BS involved.
You usually pay a little extra for a Chubb plan though because its this good.
I can recommend a good broker that sells Chubb insurance if anyone is interested. My plan for $9000 worth of coverage comes out to about $275 a year (and I live in Queens).
Message edited 10/8/2004 11:22:35 AM.
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Posted 10/8/04 11:21 AM
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IrishBride-05
Celebrating 1 Year next week!!
Member since 7/04 1838 total posts
Wedding Date:
10/14/2005 3:00 PM
Wed. Location:
Timber Point C.C.
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Re: Engagement Ring Insurance
Posted by winnietoots
i got mine through chubb. it is about 2-3% of the appraisal value.
FH has mine with Chubb also. They have a full replacement policy, meaning you can lose it in any way, get paid the total value and can go to any jeweler to purchase a new one. I didn't know there was a % rate, but calculating it, he does pay about 2.5% of the appraised value.
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Posted 10/8/04 11:24 AM
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Bride22BB
Board Enthusiast
Member since 9/04 202 total posts
Wedding Date:
8/12/2005 12:00 AM
Wed. Location:
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Re: Engagement Ring Insurance
I can't get into the website Jewelry Judge for some reason, it says it's unavailable or something.
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Posted 10/8/04 1:27 PM
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patti08
So Happy Together!
Member since 11/03 1117 total posts
Wedding Date:
12/4/2004 4:00 PM
Wed. Location:
Riviera at Massapequa
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Re: Engagement Ring Insurance
Posted by randella
We took out a rider on our renters insurance..
I think it was an additional 350 or something.
We did the same.
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Posted 10/8/04 1:29 PM
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LuvMyMichael
My First My Last My Everything
Member since 3/04 3975 total posts
Wedding Date:
11/19/2006 1:00 PM
Wed. Location:
Giorgio's - A+
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Re: Engagement Ring Insurance
I have insurance on my E ring. I have it through Chubb Insurance Co. It is about $350 per year. I couldn't do it under the homeowners because it only covered us under a certain amount.
I say go for it. Just incase...
I would be so devastated if anything ever happend to mine.
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Posted 10/8/04 1:38 PM
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DebMaher
The Sassy BRUNETTE
Member since 8/04 6008 total posts
Wedding Date:
9/10/2005 7:00 PM
Wed. Location:
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Re: Engagement Ring Insurance
We put all of my jewelry on the homeowners plan.
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Posted 10/8/04 1:38 PM
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jesslangen
The love of my Life!
Member since 9/04 3156 total posts
Wedding Date:
9/17/2005 12:00 AM
Wed. Location:
Rocky Point
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Re: Engagement Ring Insurance
Definitely get insurance!! Even if you never have to use it, just the sense of security is worth the while!!
Mine is under our homeowners insurance. I don't really remember how much it was.
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Posted 10/8/04 1:47 PM
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eogara
Newlyweds!!!!
Member since 2/04 6592 total posts
Wedding Date:
4/3/2005 6:00 PM
Wed. Location:
Milleridge Cottage
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Re: Engagement Ring Insurance
Posted by randella
We took out a rider on our renters insurance..
We did the same thing. I had to get a separate appraisal though because the diamond is FH's grandmothers and well over 60 years old so there were no papers for it. If you need an appraisal, try the Jewelry Judge (I went to the one in Mineola).
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Posted 10/8/04 1:55 PM
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HearzBellz
Always a bridesmaid 3x over
Member since 4/03 10389 total posts
Wedding Date:
1/9/2004 1:00 PM
Wed. Location:
Harbor Club
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Re: Engagement Ring Insurance
Posted by randella
We took out a rider on our renters insurance..
I think it was an additional 350 or something.
we did the same
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Posted 10/8/04 2:26 PM
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mms
Board Enthusiast
Member since 3/04 195 total posts
Wedding Date:
4/30/2005 11:00 AM
Wed. Location:
George Washington Manor
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Re: Engagement Ring Insurance
Mine is insured through Jewelers Mutual too. But obviously it depends on the value of your ring--mine costs about $100/year.
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Posted 10/8/04 2:26 PM
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DebMaher
The Sassy BRUNETTE
Member since 8/04 6008 total posts
Wedding Date:
9/10/2005 7:00 PM
Wed. Location:
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Re: Engagement Ring Insurance
One important tip that insurance agents don;t tell you .. keep in mind that what you want your appraisal for is the REPLACEMENT value NOT retail value of the ring. They will not pay you the retail value but will charge that much based on the appraisal. Little secret an insurance friend told me. The difference can be VERY substantial.
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Posted 10/8/04 2:29 PM
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Tigger77
Board Fanatic
Member since 9/04 467 total posts
Wedding Date:
6/26/2005 11:30 AM
Wed. Location:
Thatched Cottage A++++++
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Re: Engagement Ring Insurance
I wanted to ask how much the Jewelry Judge cost....
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Posted 10/8/04 3:47 PM
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DCSAAB06
The FAMILY :)
Member since 8/04 4352 total posts
Wedding Date:
4/28/2006 8:00 PM
Wed. Location:
WCC
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Re: Engagement Ring Insurance
Posted by Bride22BB
I have a beautiful engagement ring, but have not gotten any insurance on it as of yet, could someone please recommend a reasonable priced appraiser and an insurance company I could go with to obtain it. Or let me know if you think it's a waste of time.. Also, please give me prices you received for appraising your ring.
I work for insurance and can write a policy for you w/out having Homeowners or renters...no rider needed. We also tend to be a tad cheaper for the policy. FM if you'd like a quote.
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Posted 10/8/04 4:28 PM
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