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Engagement Ring Insurance: What to Know Before You Get It

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Alara Jewelry

Your unique engagement rings in Bozeman, MT are one of the most important investments you will make in your life, and you need to ensure that it’s protected and secure.

 

Engagement ring insurance might be the last thing on your mind. However, it can be a huge advantage if you unexpectedly lose or misplace your piece. Whether you’ve forgotten your ring at the hotel, lost it on the beach, chipped it, or even had it stolen, insurance can offer you financial protection and peace of mind.

 

Reasons to choose ring insurance

One of the main reasons why a lot of people tend to choose insurance for ethical engagement rings in Bozeman, MT is that it offers a ton of protection. If your engagement ring is very expensive and you would be upset if it got lost, stolen, or broken, then it’s valuable enough to insure.

 

Your fiancé should always get the ring insured and appraised before they leave the store. Once you leave the store, the ring drops in value just like a car and this can lead to a dip in the insurance.

 

While the timeline may vary depending on the individual case, coverage can be provided right away after you fill in the application, and the sales receipts and get your piece appraised. This can even take a couple of business days to get done.

 

When it comes to your diamond jewelry in Bozeman, MT it’s always wise to choose valuable pieces to insure along with choosing the right provider. If you have homeowner’s or renter’s insurance, you can invest in an extension that covers your ring.

 

Just keep in mind that a jewelry claim filed against your homeowner’s policy might affect the policy especially if your ring was stolen or lost it could cause the premium to go up.

 

Some jewelry stores will advise you on which providers can offer the best ring insurance. This could help you understand the policy better and insure your piece.

 

In Conclusion

Along with getting your ring insured, make sure that you take your piece to a professional to clean, repair, and maintain it every couple of months so that it looks new and shiny for years to come.

 

Some jewelry stores may even offer you complimentary cleaning on your pieces for a certain time and will ensure that it stays in good condition.

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