Weekly Wedding Tip: Is Your Ring Insured?

You have this beautiful engagement ring that your fiancée meticulously shopped for in your honor. You may have had some input and some subtle suggestions. All the more reason why you need to ensure that your ring is insured. As soon as bring your engagement ring home, make sure that your homeowner’s or renter’s insurance policy is updated to offer adequate protection in the event of a loss or theft. Take the time needed to learn the details of the coverage – what is and is not covered, etc.  Many times you must take out a special policy to cover your ring if it exceeds a certain amount on your homeowner’s or renter’s policy.  Contact your insurance agent immediately.

Your insurance agent may require a bill of sale or a receipt and an appraisal of the ring by the jeweler or an appraiser.  Most policies do require this.  To keep your insurance and any valuable current, it is recommended you get your appraisal updated every two to three years. Gold, silver and diamonds fluctuate in value. The pricing will affect the cost of your insurance policy.

Finally, always purchase your ring from a reputable jeweler.  You’ll find these trustworthy jewelers on www.premierbridems.com and in Premier Bride of Mississippi.

Where to find the rings pictured?  Check out Van Atkins Jewelers in New Albany, MS – www.vanatkins.com and Juniker Jewelry in Jackson, MS – www.junikerjewelry.com