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?

What's not covered under homeowners insurance? (At least not well enough.)

Spoiler: It's jewelry.

First things first: a jewelry insurance policy from Jewelers Mutual is a repair or replacement policy.

Instead of just getting a check, you'll work directly with your jeweler (not someone we choose for you) to repair your jewelry or find a suitable replacement piece. Jewelers Mutual will work with your jeweler behind-the-scenes to coordinate payment.

Millions of couples rekindled the romance this Valentine’s Day. According to the National Retail Federation, 22% of consumers chose to gift jewelry this Valentine's Day.

"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.