ENGAGEMENT RING INSURANCE
We frequent a few wedding expos a year around the greater Chicago Area, talking with future brides and their mothers. It’s surprising to find that many don’t know that their beautiful engagement ring may require additional engagement ring insurance and may not be properly covered under their current homeowners or renters insurance policy.
The excitement of getting married and the stress of planning for a wedding event sometimes clouds dealing with the essentials. When it comes to the hardware you’re wearing, understanding your homeowner’s or renters policies and the limits will help you decide as to whether-or-not you want to consider a rider option to your policy for an additional amount.
“The national average cost of a woman’s engagement ring is $7,700”
“The national average of a man’s engagement ring is $1,200”
Protecting your investment will take some additional coverages (called a “schedule”) outside of your “regular” policy but are very common to add. You will more-than-likely need to get an appraisal for the engagement ring, depending on the amount you wish to insure it for and the insurance company you are using. Taking some time for engagement ring insurance will save you a whole lot of heartache later.
A Magical Day Can Turn Into A Nightmare, Without Wedding Event Insurance
DIY Weddings are the craze. We find them pretty cool too. Due to the nature of these events taking place in unorthodox locations or venues, you will want to ensure that you are insured. Event Insurance can be bought for a single (or multiple) day, protecting you and your guests at your unique location.
“4 in 10 men will lose their wedding ring”
*If you are planning a wedding and don’t know if you may need event insurance, contact us at (331) 223-9788.
Engagement Ring Resources in Illinois
Purchasing a wedding ring is a major investment. Make sure you’re protecting it with engagement ring insurance…just like you would you car. It’s smaller and much easier to lose.
Jason Herbers Insurance specializes in protecting the things you value most. We recommend giving his office a call for a no-hassle quote on what insurance would be for your precious investment. Phone: 331-223-9788
Getting a ring from a guy’s perspective– A site to get the introductory shopper going.
Types of Engagement Rings – This article will help you understand the differences with high quality photos.
How to identify a fake diamond– When you’re not an expert, it’s good to know the basics. Especially if you’re looking to purchase from an independent or a private party.
Wedding Rings in Chicago – Here’s a Google Search you can start with.
