In most cases, insuring an engagement ring is much more affordable than you think. Which is great, since protecting your jewelry is one of the best things you can do to safeguard yourself from unnecessary heartache (and financial hardship).
So, how much does it cost to insure an engagement ring?
Whether it’s the gift of “something old” for your wedding, or inheritance from a relative, you may find yourself the new caretaker of a piece of heirloom jewelry.
While the gift of a family memento is an honor, it can also become a sticky subject.
"How much is my jewelry worth and is it covered for current value?"
You’re not alone if you don’t know the answer. The most important thing is that you find out and keep your jewelry covered for current value before it’s too late.
Look up the definition of insurance and you'll find words like "reimbursement" and "compensation." That makes sense, since most insurance policies rectify losses by cutting you a check.
In the case of jewelry insurance, a cash payout isn't always your best option.
Read on for a comparison of how jewelry insurance works for a replacement policy versus a traditional reimbursement.
Whether you have an extensive jewelry collection or not, there are circumstances in which it is vital to have quick access to a record of all the jewelry you own.
From simplest to most complex, here are some great options for creating a personal jewelry inventory.
Buying a new piece of jewelry is exciting. You get lost in the sparkle and admire the way it graces your finger or lays just right across your collarbone.
You might think beyond the initial excitement to the cost of the piece, considering it’s likely to be a decent investment. But do you think any farther ahead than that?
Buying jewelry isn’t the same as buying a new outfit. We’re willing to bet you buy a new piece of clothing at least every other month, so you’re kind of a pro. How often do you buy jewelry, though? Probably not nearly as often.
Read on to learn how you can find the right jeweler for your needs.
Life happens. No matter how hard we try, we cannot plan for the unexpected.
That’s why you get home, auto, life, and, of course, jewelry insurance. It’s your safety net so that if something happens, you can fix it and forget it. But how exactly do you file a jewelry insurance claim? What do you need to do?
Buying jewelry at a pawn shop can be a scavenger hunt. Just like shopping at any secondhand or thrift-type store, the inventory is ever-changing and you never know what you might find.
That's the double-edged sword of jewelry shopping at estate sales, pawn shops, and the like. If you have a Pinterest board full of dream rings and a style already in mind, rummaging through secondhand stores with limited inventory isn't your best bet.
Getting a ring appraisal isn't exactly something you do every day, and unknowns can be intimidating.
It’s time to set the record straight on some common misconceptions about when a ring appraisal is needed, when it isn’t, and which details are required for insurance. Read on to learn more.
