Tag: ring insurance

Engagement ring insurance spikes with Valentine’s Day proposals

G. Turner
Insure your engagement ring to ease your mind

It may not seem romantic, but many consumers are choosing to purchase coverage for this sizeable investment. As people across the country get ready to pop the question on Valentine’s Day, they are also purchasing engagement ring insurance coverage. These policies are meant to provide protection against the unexpected. After all, this piece of jewelry is considerably more expensive than a box of chocolates or a bouquet of roses. It’s clear that a growing number of people are hanging onto their financial sense even in romantic moments. Before people get…

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How to protect your jewelry with the right insurance coverage

As award season kicks off, the world looks to the United States as the stars walk the red carpets decked out in the very finest in fashion and highly insured jewelry. This should come as a reminder that even if your own jewels aren’t worth millions, you may still be wise to give them adequate insurance coverage. According to Allstate Insurance Company’s vice president of consumer household, Keith Rutman, many people actually hesitate to wear their good jewelry in the fear that these precious items could go missing. He explained…

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Divorce Insurance – A New Plan Gaining Popularity

Nordstrom
Divorce Insurance – A New Plan Gaining Popularity

Insuring against divorce or insuring for a divorce – some might ask.  Yes, you heard right! You can now purchase divorce insurance which gives a whole new meaning to the saying –something new, something used and something insured?! Now you might say this sounds cold and they’ve gone too far but hold on – let’s check out some facts first. First marriages show there’s 41% chance of divorce – on average ending in the first 8 yrs. Second marriage show an even higher rate at 60% And you guess it,…

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Insure your engagement ring to ease your mind

Marc
Insure your engagement ring to ease your mind

If you have renters or homeowners’ insurance, they cover the items in your home up to a certain amount.  Your insurer will be able to offer you an extension or rider to your current policy to cover the more expensive items in your home like an engagement ring, electronics and art.  There is also the option of contacting a company that specializes in insuring jewelry. The cost of insuring jewelry depends on how much the jewelry cost and how likely it is to be stolen.  Yearly costs are pretty low;…

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