Insurance for your new diamond and any future piece of luxurious jewelry can prove to be very valuable.
Often times the price of the wedding ring can be similar to the value of the car you own. If you own car insurance, don’t you think it may be wise to do the same for your cherished diamond.
After all in this case it is not just about the financial value as much as the over-romantic value of the engagement ring that you purchased.
commerce with insurance companies can be quite a irritate. Many times if you would like to contain your jewelry into your homeowner’s insurance you will have to obtain a rider
When the rider on your homeowner’s insurance is purchased it should be instantly active. Ideally, this rider should be purchased at the time the diamond is also purchased or at least very soon thereafter. Insurance companies will most likely request additional documentation and appraisals as to the value of supplementary jewelery.
