How much to insure and E-ring?

I called to add my E-ring to our home owners insurance and they said $31 per $1000 of coverage. That seemed very high to me.

Re: How much to insure and E-ring?

I pay $50/month. That includes my diamond earrings too.

Re: How much to insure and E-ring?

That is high....

Re: How much to insure and E-ring?

Try Jewelers Mutual, I think their rates are lower.

Re: How much to insure and E-ring?

I got mine insured through a plan our jeweler participated in. We just had to pay a one time premium of $300 on a $10,000 bridal set which is about 3%...but thats all we have to pay.

Re: How much to insure and E-ring?

my parents put it under their home owner's insurance and we pay $180 a year. . .

Re: How much to insure and E-ring?

Oh and it even covers damages to the ring, and if I lose it or it gets stolen or if any of the stones fall out etc...

Re: How much to insure and E-ring?

We have a certain amount for jewelry included on our tenant's insurance policy. We added an additional 3k for jewelry at $42. and 3k for camera equipment for $33.

I think there's a limit they'll do without an appraisal though. But yes, 30 dollars per 1000 sounds like a lot to me.

Re: How much to insure and E-ring?

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Posted by kevsgirl

Oh and it even covers damages to the ring, and if I lose it or it gets stolen or if any of the stones fall out etc...

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Not all policies cover if the stones fall out. My insurance co. (Allstate) said that's a sign of poor workmanship and you have to take it up with the jeweler. But if you can get one that does cover that, that's a great deal. We put ours through our homeowners. And reading this post, I think we got totally ripped off on our premium. I'm totally P.O'd right now. That's what happens when you don't shop around. I'm calling my broker right now.

Re: How much to insure and E-ring?

I pay $50 a month too through Chubb.

Re: How much to insure and E-ring?

I pay $180/year thru state farm - its personal property insurance.

It depends on how much it appraised for and how high your deductible is.

Re: How much to insure and E-ring?

Wow - you ladies are paying a lot of money - holy cow! I put about $13000 worth of jewlery - all appraised on home owners and it cost me $150/year.

Re: How much to insure and E-ring?

I have Chubb too and pay $50/month. It seems like a lot, but they actually will give you the monetary value for the ring if it gets lost or stolen, not just 'replace' the ring with a replica. I know that State Farm will only give you the same ring and not give you the money.

Re: How much to insure and E-ring?

Fh Paid like $500.00 for the whole year.... He had to buy it before he gave it to me LOL .. Im very very Clutsy

Re: How much to insure and E-ring?

Hmmm...maybe I'm not paying so much then...I paid $386 for the year through allstate.

Re: How much to insure and E-ring?

i added mine to homewoner's for an extra 45 bucks.