Why Do You Need Engagement Ring Insurance?

From the moment you get your beautiful shiny new engagement ring, you need to consider getting engagement ring insurance. While it may be the last thing on your mind during this time, insurance can help protect your ring in an event of theft, damage, or loss.

If any of these situations happen to your beloved ring, then ring insurance can offer financial protection and peace of mind when you need it the most. If your ring is valuable enough to be worried about when it gets lost, broken, or stolen then it’s valuable enough to insure.

Although no two insurance policies are alike, it can be reassuring to know that you have some protection and safeguard against any situation life throws at you and your new ring. Here are a couple of steps to take into account when visiting a jewelry store in Fayetteville, NC, for ring insurance.

Get your ring insured as soon as you can

You or your soon-to-be fiancé can insure the ring as soon as it’s purchased before you leave the jewelry store. When it comes to diamond jewelry in Fayetteville,NC, the sooner it is insured, the better you’ll be protected

Once purchased, you can look around for ring insurance providers or even ask your jewelry store. Depending on each individual case, coverage can be provided right away and make take an estimated 2-4 business days after the application, appraisal, and sales receipts are submitted.

Picking an insurance provider

When it comes to insuring your engagement ring or any other valuable piece of jewelry, you have to keep in mind that you can pick the homeowners or renters insurance and even purchase an extension that covers your engagement ring.

Besides jewelry repair in Fayetteville, NC your jewelry store can also provide you with insurance so that if your engagement ring ever gets stolen or lost you don’t need to worry and you can either get a replacement or a reimbursement for it.

To Sum It Up

Try re-evaluating your overall insurance needs, do some research before you buy a ring and look into the different types of ring insurance and pick one that best suits your ring and situation. If you are gifting your to-be fiancé an engagement ring, consider ramping up your insurance coverage, especially if the ring is expensive, unique, rare, or hard to replace. This can be for any jewelry piece that is top-shelf and costly.