Protect The Bling

Why Insuring Your Engagement Ring is Important

December is the perfect time to cozy up by the fire, sip some hot cocoa, look at twinkly lights,
​watch cheesy Hallmark movies, and brace the cold to get that perfect engagement shot!

Getting engaged is a BIG deal and so is choosing the right ring for your loved one. For many people this is not a spur-of-the-moment decision. Lots of planning, saving, shopping, and budgeting goes into this joyous occasion! But once that tiny box pops open, the big question is asked, and the answer is "yes!", nothing else in the world seems to matter. BUT sometimes the world hits you with the unexpected and valuable items can be lost, stolen, or damaged. It's smart to plan ahead and be prepared for if or when that happens.

An engagement ring is worth a lot more than the amount of money you paid for it. That's right, it's glistening with that sentimental value. It is a symbol of love and commitment that is to be worn for hopefully the rest of your life! If you want to protect the most important, sentimental, and likely most expensive piece of jewelry you will ever own, you should really think about purchasing insurance for your ring. Here are a couple of options for you to consider:

• Renters and homeowners insurance policies: With either of these policies you can purchase an extension that covers your engagement ring specifically. Full coverage for the ring can be obtained by purchasing scheduled personal property coverage. This is an insurance policy extension that covers specific listed items - you would just need to provide your insurance company with an appraisal (or bill of sale) for your items. With unscheduled personal property, these policies can only cover the loss of your ring up to a certain amount subject to your policy's deductible and stated limits on unscheduled personal property.

 

• Jewelry Insurance Companies: There is also the option to insure your ring through a company that specializes in just that - jewelry insurance. Companies like this may offer more comprehensive coverage than the standard homeowners policy. For example, they may have a policy that allows you to repair a damaged item of jewelry or recreate a lost piece.​

It's important to protect those things that matter most, and knowing that you're engagement ring is covered will have you (and your loved one) jumping for joy! Give ALINK Insurance Services a call today and ask us about obtaining coverage for your engagement ring. We are "Your Link to Security!"

Denver Metro/Parker: 303-752-6479
Colorado Springs: 719-473-6262
Surrounding States: 877-643-6148
​