Find out if you should protect your shiny, new addition!

Congratulations! Many couples choose to get engaged over the festive season to celebrate their love and commitment for each other, as well as enjoying the holidays! It’s known that engagement ring sales hike up during the most wonderful time of the year. If you, or your loved one, has now a prized ring on their finger from the Christmas proposal, you’ll want to ensure that the rock on your finger is protected!

This year, say ‘I Do’ to engagement ring insurance! When purchasing the ring and budgeting for the big day, many brides and grooms-to-be overlook wedding and engagement ring insurance. This can be a costly mistake to make! For most young couples, wedding, and engagement rings are among the most valuable items they own. Insurance can protect you from facing huge expenses (and an awkward conversation with your fiancé!) should your ring get damaged or lost.

Determine Value

If you’ve recently spent an arm and a leg on a ring for your loved one for Christmas day, you should have the receipt still in hand or buried in a drawer somewhere! This receipt enables you and your insurer to note the value of your precious piece which, in turn, allows for sufficient coverage to be applied.

If you’ve had your engagement or wedding ring for a while now, get it appraised! Don’t go on what you or your fiancé purchased it for as precious metals and precious stones increase in worth over time.

Insurance Left at the Altar

Ring insurance can be purchased as an extension (or a “rider”) for your renters or homeowners policy. However, these policies will only cover up to a certain limit. If your ring exceeds this limit, additional insurance will have to be purchased. This can then cover your ring is lost or stolen, or faces damage. For an extra couple of bucks a month, increasing your personal items coverage is worth its weight in gold!

Are you ready to say ‘yes’ to engagement ring insurance? Contact Martplan Insurance Agency for the policy that can cover your prized possession! Our dedicated insurance agents can help to protect your significant ring so that you and your fiancé needn’t face financial strain (especially when planning a wedding!). Visit us in La Habra, California today.