Where can I get my my engagement ring insured?

We always suggest to our customers that it is a good idea to have their ring insured. The types of policies offered differ by company, so you will want to review the details of each policy prior to making a decision.

Most insurance companies will require an appraisal; which will be given at the time the ring is purchased or can be done by an independent appraiser. The cost for an independent appraisal will vary by state, but should be around $100. Always keep your appraisals up to date and change your policy as often as necessary to make sure your ring is insured for the current market value.

Types of policies:

Replacement policy – a replacement policy is based on the current market conditions and guarantees your exact ring (stone, setting, metal) will be replaced if lost, stolen, or damaged beyond repair. This policy is often the most expensive, but you may be able to add a deductible to get the premium down a bit.

Actual cash value policy – this policy would replace your ring minus any market depreciation.

Valued at policy – this policy is somewhat difficult to find. It not only covers the appraised value of your ring, but also allows you to increase coverage above the appraised value to include sentimental value.

We recommend reviewing policies from the following jewelry insurance companies.  We have vast experience working with jewelry insurers and we recommend the following:

Recommended Jewelry Insurance Companies:


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