Couples spend thousands of dollars on their wedding rings. Did you know that your renter’s and homeowner’s insurance has limits? Most policies only pay out a maximum of $1,500 to $2,500, a fraction of what you might have spent.
To insure that your rings are properly covered, let us check out your renter’s and homeowner’s policy. If additional coverage is needed, we suggest you obtain an appraisal and then we can arrange for either a jewelry policy or a jewelry floater.
How much will this type of insurance cost? Usually an annual rate of $1 to $2 for every $100 your rings are worth. The average $5,855 engagement ring would run between $59 to $118 annually to insure.
Don’t wait, give us a call at the agency, to discuss.