Insuring Your Engagement Ring
So, you got engaged, congrats! You are likely to already be snowed under with wedding planning, excited relatives, and more. The last thing on your mind may be protecting the engagement ring. However, if something does happen to the ring and you do not have coverage, you could be faced with telling your spouse it is damaged or paying a huge expense to repair or replace it. This is where having valuable insurance comes in handy.
The good news is that protecting your ring does not have to be time-consuming or costly. In fact, most people include it in their homeowners or renter's contents coverage. However, this all depends on the value of the ring. Be sure to get it appraised and dig out any receipts spent on the ring. This will help to determine the value of the ring so that you can better protect it.
While your engagement ring is probably up there with the more expensive items in your home, its sentimental value is priceless. If the ring value exceeds your home or renter's insurance coverage, then you may need to acquire additional protection for it. Talk to your insurer about what coverage works for your ring and budget so that you can protect it from a variety of perils.
Are you ready to get started on the right
homeowners insurance that protects your home and belongings? Visit the team at Little & Sons Insurance Services to get started!
