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Engagement Ring Insurance 
backed by 11,000+ 5-Star Reviews

What Does Engagement Ring Insurance Cover?

Engagement and wedding ring insurance protects your ring from virtually every risk imaginable with a policy from us. If your ring needs repair or replacement, we won’t leave you to figure it out on your own. We’ll work with your jeweler of choice to get your most cherished ring back on your finger where it belongs.

Loss

Losing your wedding ring can feel like losing a part of yourself. Whether it fell off at the beach or was left in a public restroom, we cover your loss so you can feel whole again.

Theft

It’s easy to feel helpless when your ring is stolen from you, but we’re here to help. In the unfortunate event of ring theft, we’ll replace your ring with a ring of the same kind and quality.

Damage

You hit your diamond ring on the edge of a countertop, and it cracks, or a prong is bent from getting caught on something. Accidents happen. We'll cover that.

Disappearance

Sometimes a ring just disappears—is it lost, stolen? Who knows? You can’t explain how, where or when it vanished. Don’t worry, that’s covered.

Protection from Natural Disasters

We understand natural disasters can strike at any moment, but our coverage was made for real life. If a flood, tornado, hurricane or earthquake causes your ring to get lost or ruined, you're still covered.

Worldwide Travel

Go ahead. Book that Caribbean cruise or European vacation. You’re covered globally while traveling.

Inflation Protection

Your ring's value has risen due to market changes—fantastic! However, it's currently insured for less than its worth. No worries—we offer a complimentary Insurance Value Adjustment (IVA) service. In case your ring appreciates due to inflation or market shifts, we'll adjust its value to help minimize the impact of a potential loss. To ensure the best protection, remember to get updated appraisals for your jewelry. You have the option to decline the IVA service, which is only applied when your item's appraisal is more than two years old at the time of policy renewal.

Normal Wear and Tear

Normal wear and tear refers to the gradual wearing or damage that occurs over an extended period of use, such as needing to retip a prong or tighten a stone.

We Don't Cover

There are a few unusual situations we don't cover, including war and military action, rodent and pest infestation, intentional actions or voluntary parting, deterioration, resizing, cleaning and inspections. 

Why Choose Jewelers Mutual?

Jewelers Mutual is the only engagement ring insurance provider with over 110 years of expertise, backed by 11,000+ 5-star reviews.

It was easy to get a quote for my engagement ring, and I was surprised by how affordable a deductible policy was. I was able to sign up and get coverage for my new ring right away so I could wear it with confidence!

Sydney F.
Trustpilot Review

Simple, fast, and affordable! Applied for and received a quote the same day. I was only asked a few simple questions, and uploaded the receipt for my fiancé’s engagement ring. I would recommend to anyone.

Sean R.
Trustpilot Review

Jewelers Mutual Insurance was highly recommended by my Jeweler upon the purchase of our engagement ring. The process and application were very easy. Gives you peace of mind to know your investment is protected.

Danny G.
Trustpilot Review

How Much Does Engagement Ring Insurance Cost?

Engagement ring insurance can cost as low as 1-2% of your jewelry's value. Insurance rates are personalized and can vary depending on a few factors, like the ring's value, your location, and the policy deductible. Jewelers Mutual may offer discounts on ring insurance if you own a home security system or vault, or if your ring has been inscribed with a Gemprint identification number.

Hands holding wearing wedding rings
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$77/yr

for a $5,000 ring in Chicago (60614) with a $100 deductible

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$93/yr

for a $5,000 ring in New York (10016) with a $100 deductible 

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$145/yr

for a $10,000 ring in Orlando (32829) with a $0 deductible 

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$79/yr

for a $7,500 ring in Seattle (98107) with a $0 deductible 

Is it Worth it to Insure My Engagement Ring?

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Engagement Ring Insurance Is Worth It If…

  • You wear your ring often or worry about wearing it
  • You’d be devastated by its sentimental loss
  • Your ring is valued at $1,500 or more
  • You're unable to cover the cost to replace it
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  • Your ring has a design that could be easily damaged
  • Your ring's value increases over time
  • You travel often or are planning to go on a trip
  • You don't want to settle for a replacement of lesser quality than the original

New to Engagement Ring Insurance?

 

It’s the best way to protect your symbol of love.  

Engagement and wedding ring insurance acts as a protective shield, safeguarding its sentimental and financial value so you can wear it whenever and wherever you want without worry. Opting for specialized jewelry insurance is your best choice to protect your ring from unexpected life events. It surpasses the protection provided by simply adding your ring to your homeowners or renters insurance policy.


When should you insure your engagement ring?

It’s recommended to insure your engagement ring as soon as possible given accidents can happen at any time. All that's required is an appraisal or receipt on hand. Coverage can be provided right away, or within a few business days if subject to underwriting review.

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Seventy-percent

said their engagement ring is in the top three most expensive things they owned *


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Seventy-two-percent

would be very upset if something happened to their ring and it wasn’t insured *

How to Insure a Ring

 

1

Check your rate

Click “check your price” and apply online in under 5 minutes.

Have your appraisal or receipt on hand to make applying a breeze.

 
 

2

Apply online, pay instantly

Completing an online application is fast and easy. If you’d like to speak with a real person, give us a call at 888-884-2424.

All applications are subject to underwriting review and additional requirements may be requested before coverage can be issued. However, in many cases, same-day coverage is possible!

 
 

3

Wear it with confidence

Once you’re approved, wear your jewelry with confidence, whenever and wherever you want! 

If you need to file a claim, we work with your trusted jeweler to get your ring good as new.

 

 

Common Mistakes You Can Avoid

 

Waiting until it’s too late

Accidents are bound to happen. It’s important for the ring purchaser or wearer to insure the ring right after purchase to ensure it’s protected.

 

Confusing a warranty with insurance

While a ring’s warranty likely covers manufacturing defects, such as structural issues like an improperly placed prong, it doesn’t safeguard against real-world risks like accidental damage, theft, or loss as jewelry insurance does. 

 

Underestimating your ring’s value

Given your ring will typically increase in value, we recommend getting an appraisal every 2 years. This helps prevent being underinsured and potential out-of-pocket expenses in case of loss.

 

Adding jewelry to your renters or homeowners policy

It's a widespread misconception that insuring your jewelry through your homeowners or renters policy is the best option. These policies usually provide limited coverage, often between $1,000 to $2,500. Additionally, they may not cover common risks such as loss or damage to your jewelry.

 

Leaving your lab grown diamond uninsured

The main difference between lab grown and natural diamonds is where they came from. If your diamond goes missing, you're saying goodbye to a significant amount of money.

Ring in sand

Named Best Engagement Ring Insurance

We’ve been honoring and protecting jewelry for over a century. Thanks to our expertise and comprehensive coverage, we’re the best at helping you prepare for the unexpected. But don’t just take our word for it.

Learn More About Engagement Ring Insurance

 

*Jewelers Mutual Group: 2021 Personal Lines Trigger Study