Picture these scenarios: You purchase a new home. What is one of the first things your realtor recommends? Homeowners insurance. How about a new car? Car insurance.

Other than these two major purchases, what is quite possibly your next most valuable possession? Look no further than your ring finger. Bingo.

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?

Insurance can be confusing. The insurance industry uses a lot of specific jargon that you likely do not use on a regular basis. (Deductibles, and premiums, and claims! Oh, my!)

Don't let these unknowns steer you in the wrong direction. Let's clear up some of these gray areas - right here, right now. We want you to feel as confident as possible that you're choosing the best insurance plan for you.

Getting engaged is one of the most exciting times in your life and your engagement ring is probably one of the most valuable things you will own. Insuring your engagement ring is a great way to ensure you don't have to stress about getting your ring stolen, losing or damaging your ring.

Finding out your homeowners or renters insurance falls short after you’ve already lost your ring leaves you wondering what to do next. Do you pay for a replacement out of your own pocket? Or go without a ring?

Rock. Hard place.

So how do you know which insurance option won't leave you empty-handed when the unexpected happens? The first step is understanding exactly which situations are covered and for how much.