In all seriousness, the answer is probably yes. In most cases, it is financially logical for you to insure your engagement ring.
Insuring an engagement ring typically costs 1-2% of the value of the ring, paid once each year. Some quick math tells us it would take 50-100 years of paying premiums for you to pay more in insurance than it would have cost you to replace your ring.
You researched the 4Cs; you asked your significant other's parents for their blessing, and you made one of the biggest purchases of your life - the engagement ring.
For many, the engagement ring is one of the most expensive purchases you encounter after a home or a vehicle. It's highly unlikely that you'll misplace an entire building or a car, but that tiny, precious ring might be a little nerve-wracking to keep track of.
When you first begin planning your wedding, it seems so far away. You peruse bridal magazines and blogs at your leisure, collecting ideas for your Pinterest board as your dream wedding begins to materialize.
You watch your countdown slowly tick away the time, and all of a sudden you’re within just a couple short weeks, with a lot of tasks left on the checklist.