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?
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.
Shopping is the No. 1 leisure activity for overseas travelers, according to the U.S. Travel Association.
Unfortunately, a Rossen Reports investigation discovered that you don’t always get what you pay for, especially when buying jewelry at Caribbean vacation destinations.
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?
If you're with Jewelers Mutual, follow the four simple steps below.
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.
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.
Think about all the jewelry you own. Maybe you only have one high-value piece you consider worth insuring, like an engagement ring. The rest might be worth less than $500 apiece. No big deal, right?
We don’t claim to be math experts, but that charm bracelet you’ve been adding to over the years? That baby could be worth a couple grand by the time you complete it.
So, while it may be obvious to protect your diamond earrings or your wedding band, you should consider the worth of your entire jewelry box when deciding what to protect ... and what to gamble on.
You know that feeling when you sit down to take a test and, even though you’re fully prepared, your mind goes blank?
Diamond shopping can feel similarly overwhelming. There’s so much to know about the details of a diamond – how to spot an imperfection, how a diamond’s shape affects its shine factor, whether carat or color is more important for maximum sparkle ... the list goes on.
