He has finally popped the question and you said “yes”. Well, congratulations! Now, before you start planning the most important day in your life and before you get lost in all those preparations, central pieces, dress samples etc., don’t forget about one very practical issue: insuring your engagement ring. In this article, we are going to be talking about how to insure engagement ring.

How to insure engagement ring

The engagement ring is certainly one of the most important investments that two young people can make. That is why it is very important to insure your investment, since accidents can happen easily. There are several steps that you can follow to insure your engagement ring. The first thing you should do is to get an appraisal for the ring. Appraisal services are offered by all independent jewelers and it is really easy to get a reliable appraisal. Go to the local jeweler to get an appraisal of your ring, and he should be able to give you an accurate value of that particular piece of jewelry. Next, ask him to give you a document stating the exact value of your ring, which can be used to insure your engagement ring. If you are already a policy holder of any type of insurance, check with your insurance company to see of your existing policy (rental policy or homeowner’s policy) may cover this type of insurance. If this is not the case, look for a separate insurance policy that covers jewelry which cannot be covered by an existing insurance policy. The best way to do this is to contact the local insurance companies and get information on the insurance rates depending on the price of your ring. Check out the local newspapers or the local online telephone directory to find out more about the local insurance companies. Don’t forget to visit their web sites and get quotes which you could easily compare. In the next sections, you will find more useful information on how to insure engagement ring.

More useful tips how to insure engagement ring

Getting your engagement ring can be complicated if you are not quite sure what to do. However, this is not a reason to give up on the idea of insuring your engagement ring. When it comes to insuring your engagement ring, it is important to choose a deductible. The deductible is actually an amount that will be required to pay should something happen to your ring. Insurance companies offer a wide range of deductible amounts. What is important to know is that the higher deductible will mean lower annual premium. When insuring your ring, it is important to take photos of your engagement ring, which will serve as documentation. Once you have completed your documentation and you have taken photos of your ring, send them to the insurance company. Expect them to send you a policy which should be kept at safe location. That is something you should definitely know when it comes to the question of how to insure engagement ring.

More information on how to insure engagement ring

When it comes to how to insure engagement ring, there are few tips you could apply. Creating a wearing plan is a good strategy to ensure the safety of your ring. Deciding wisely when to wear your ring and when to leave it at home will add to the safety of your ring.

How to insure engagement ring