Community› Local Wedding Boards› New Jersey
New Jersey
New Discussion
Options

engagement ring

LiLgEeLiLgEe
First Comment
in New Jersey
hey guys! stupid but serious question. i been engaged since march of this year and i was wondering about the "PROTECT YOUR ENGAGEMENT RING" that always pops up on the knot's check off..... where / how do you go about protecting/insuring the ring? and is it expensive? im soo new to all this!! lol
Wedding Countdown Ticker
Report Reply to Post

Re: engagement ring

  • Options
    sgdc2011sgdc2011 member
    First Comment
    edited December 2011
    Renters/homeowners insurance.  Mine was $20 for every $1000 appraised.
    Report Reply
  • Options
    LiLgEeLiLgEe
    First Comment
    edited December 2011
    so it basically goes under homeowners insurance?
    Wedding Countdown Ticker
    Report Reply
  • Options
    fish606fish606 member
    First Comment
    edited December 2011
    Yes...that is where mine is insured.
    Warning No formatter is installed for the format bbhtml
    Report Reply
  • Options
    Laurms15Laurms15 member
    Combo Breaker First Comment
    edited December 2011
    Yes I got it appraised at a jewelry store then took the appraisal to my insurance company (I had renters insurance at the time but now I have homeowners) I bought a separate policy for the rings (added the wedding band when we bought that) because if something happened to the ring then the whole homeowners policy would go up. FYI most homeowners policies have some jewelry protection but its usually only about $2500. (some are more or less but thats the norm)
    my bio ~Laurie~
    wedding websites
    imageimage
    Report Reply
  • Options
    peaches178peaches178
    First Comment
    edited December 2011
    My engagement ring is insured through Jewelers Mutual - http://www.jewelersmutual.com/
    Wedding Countdown Ticker
    Report Reply
  • Options
    TripleJTobeTripleJTobe
    First Comment
    edited December 2011
    I have mine insured through Jewelers Mutual as well. We had it appraised, submitted the appraisal, the GIA certificate and several photos of the ring. They have a wonderful reputation and make the process very easy :o) In terms of cost, that all depends on your ring. The more expensive the ring, the more it will run you. The best thing to do would be to go to their website, pop in your rings specs. and get an estimated cost. It also varies depending on the area you live in.
    imageWedding Countdown Ticker
    Report Reply
  • Options
    cutiepie12702cutiepie12702
    First Comment
    edited December 2011
    <p>In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/local-wedding-boards_new-jersey_engagement-ring?plckFindPostKey=Cat:Local Wedding BoardsForum:90Discussion:5c9f8bd6-d611-423b-9e9e-8947027d0bd3Post:20c024fc-57fb-4d4e-84e9-41e55f77d7fb">Re: engagement ring</a>:
    [QUOTE]My engagement ring is insured through Jewelers Mutual - <a href="http://www.jewelersmutual.com/" rel='nofollow'>http://www.jewelersmutual.com/</a>
    Posted by peaches178[/QUOTE]</p>
    <p>Same here.
    </p>
    BabyFetus Ticker
    Report Reply
  • Options
    HobokensFuryHobokensFury member
    First Anniversary 5 Love Its First Answer Name Dropper
    edited December 2011
    I have my e-ring insured through Jewler's Mutual. It costs about 200 per year.  I agree with PP some home owners policies only cover up to a certain amount and if your ring appraises for more it needs it's own policy.
     
      Image and video hosting by TinyPic Lilypie First Birthday tickers
    Report Reply
  • Options
    Reilly626Reilly626 member
    First Comment
    edited December 2011
    The amount depends on what your fiancee spent on your ring/what its worth. I insured it on my homeowners insurance.
    Report Reply
  • Options
    DoubleASDoubleAS
    First Comment
    edited December 2011
    Mine was covered under the renters before I even had it (I lose everything)... It's a pretty easy process from what I understand... Get it done ASAP!
    Wedding Countdown Ticker
    Report Reply
  • Options
    blueboxbluesblueboxblues
    First Comment
    edited December 2011
    A friend of mine had her insured under her car insurance policy, if you don't have renters or homeowners insurance and you want to put it under something existing.
    Wedding Countdown Ticker Follow Me on Pinterest
    Report Reply
  • Options
    cindyn9178cindyn9178 member
    5 Love Its First Comment
    edited December 2011
    Mine is on a rider to our home owner's policy. (and my wedding band too).
    Report Reply
  • Options
    LiLgEeLiLgEe
    First Comment
    edited December 2011
    hey thanks for all the responses!! i def have to look into it!! =)
    Wedding Countdown Ticker
    Report Reply
  • Options
    LADY324LADY324
    Combo Breaker First Comment
    edited December 2011
    Mine is also under my homeowners insurance.
    Visit The Nest! BabyFruit Ticker BabyFetus Ticker
    Report Reply
  • Options
    SarahEngagementRingSarahEngagementRing member
    First Comment
    edited December 2011
    It's definitely something to look into and pretty important if your ring is worth a lot of money. I would suggest reading up on it here: http://www.adiamor.com/educationcenter/insurance.aspx

    The Jewelers Mutual Insurance Company is an especially good one because they specialize in just jewelry.

    You can also insure the ring under your homeowners insurance, but not everyone has that or owns a home. 

    Good luck!
    Report Reply
This discussion has been closed.
Choose Another Board
Search Boards