Engagement Ring Insurance

teacherwheart Posted: Aug 13, 2003 03:26 PM

Engagement Ring Insurance

I recently got engaged and need to get my ring insured. Probably a dumb, naive question but how do I go about getting it insured? What do I have to do. It's alreeady appraised and everything. PLease help. Thanks.

Misty Posted: Aug 13, 2003 03:27 PM

Re: Engagement Ring Insurance

If you already have home/apt insurance, you can add it as a floater. Or you can just take out a separate policy for it....

Lunatrek Posted: Aug 13, 2003 03:28 PM

Re: Engagement Ring Insurance

You can add it to another insurance policy that you already have, or start a new one if you don't have any. My FH and I bought renters insurance and added my ring to it.

Btw, Congrats on your engagement and welcome to the boards!!

aliciahelene Posted: Aug 13, 2003 03:29 PM

Re: Engagement Ring Insurance

I just lost my ring and am going through pure HELL with State Farm..I DO NOT recommend you go with them. They are horrible people and are trying everything they can to not follow through..I have a feeling we will just have to buy another ring and it isnt fair, we did nothing wrong and we have been paying insurance. Its juts not right! Its very sad whats happening to us.

AtticaQT Posted: Aug 13, 2003 03:29 PM

Re: Engagement Ring Insurance

Congrats on yoru engagement and WELCOME!!!

If you do a search on this website you will find good info about insurance.

Olgaki Posted: Aug 13, 2003 03:31 PM

Re: Engagement Ring Insurance

If you don't have the ring appraised already, you must do that. I hear that Macy's in Herald Square is a good place to appraise it

Maribelle7777 Posted: Aug 13, 2003 03:31 PM

Re: Engagement Ring Insurance

you can probably call allstate or state farm or geico. or whoever your car insurer is.

bridget&jimmy Posted: Aug 13, 2003 03:34 PM

Re: Engagement Ring Insurance

I see you are another 2005 bride, their is a whole post with a list of all the 2005 brides.

Bridget

teacherwheart Posted: Aug 13, 2003 05:19 PM

Re: Engagement Ring Insurance

Thanks a lot i never thought about calling my car insurance company and also getting renters insurance since my FH and I rent. Thanks for all your help. I am sure Ill have more questions.

LisaT Posted: Aug 13, 2003 05:25 PM

Re: Engagement Ring Insurance

Chubb is a great company for jewelry insurance. You get a lot more coverage than you do with some other companies/policies - it may cost more, but its worth it.

Xelindrya Posted: Aug 13, 2003 05:29 PM

Re: Engagement Ring Insurance

Yep everything said here is true

Get renters insurance is not real expensive, with my ring added in and my engagement gift my renters insurance is $177 a year.

State Farm is treating one of our ladies very very very poorly and making a bad name for insurance people

Do it NOW NOW NOW.

Get it appraised. Sometimes the insurance companies may require they get their own appraiser.

Questions an insurance company may ask.. god only knows. Mine asked if I locked it away when I wasn't wearing it and if my house had bars!!! I was tempted to say I shove it where the sun don't shine at night for safe keeping.

Chubb is a very good company for jewelry.

Hope this all helps... congrats and good luck!!!!

butterfly20 Posted: Aug 13, 2003 06:54 PM

Re: Engagement Ring Insurance

state farm is actually the best insurance for the house, and are good about processing and paying out on car claims...but for our ring insurance we went with www.jewelersmutual.com.... its 2% of the appraised value per year

kim425 Posted: Aug 13, 2003 07:28 PM

Re: Engagement Ring Insurance

I used Homesite for my renters insurance and included the ring on my policy. it wasn't expensive at all. give them a call. they are a sister company of the car insurance - response insurance. or, i have heard geico is good too!

babybride Posted: Aug 14, 2003 08:11 AM

Re: Engagement Ring Insurance

I have Chubb insurance. I went on their website and then found a location near me and called that number. My policy is just for my engagement ring. Slightly more, but I thought it was worth it.

AimDom Posted: Aug 14, 2003 08:27 AM

Re: Engagement Ring Insurance

I used Jewlers Mutual Insurance. They have been great and easy to work with.
Good luck

butterfly91804 Posted: Aug 14, 2003 11:17 AM

Re: Engagement Ring Insurance

I highly reccomend Jewlers Mutual for ring insurance. They specialize in jewerly insurance. Big difference from regular house insurance - if your ring is lost or stolen, you can choose where you will buy your ring from and chose the ring yourself (not have the insurance company do it for you). Hope this helps!