Anyone have any info on getting the engagement ring appraised & insured? I know of other girls who added the ring onto their homeowners policy - but neither my FH or I have policies. Any advise?
Thanks so much!
csorisi
Posted:
Member since
Re: E-ring Appraisal/Insurance
We added it as a rider to my parents homeowners insurance. It is a certain amt of money for every thousand the ring appraises for. We just got homeowners insurance and for my e-ring & wedding band it was $303 for a 19,000 policy.
Tria1110
Posted:
Member since
Re: E-ring Appraisal/Insurance
I had mine insured by an insurance company that just insures jewelery. The appraiser thought this was the best way to go. (We own a house and it is not covered specifically on our home owners insurance).
FM if you want more info....
Beth1210
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Member since
Re: E-ring Appraisal/Insurance
I got a policey thru Chubb- it's 2% of the appraised value
there are 2 schools of thought on wheather to appriase it for what you paid or what its apprasied for
however- the price of Diamonds go up- and if you lose your ring in 5 years- you might not be able to replace it for what you paid today
October Bliss
Posted:
Member since
Re: E-ring Appraisal/Insurance
I bought a personal item policy from State Farm. Very inexpensive for FULL coverage with no deductible on my e-ring.
SillyBeans
Posted:
Member since
Re: E-ring Appraisal/Insurance
any one else?? I've had my ring since October, and It's still not insured I can't make a decision!
