How to insure your engagement ring

| March 11, 2019

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If you just got engaged, congratulations! It’s a very exciting time. You’ve got a wedding to plan, guests to invite, a venue to choose, and about a million other things to do. But already you’re worried that something might happen to the ring – the sparkly, gorgeous, beautiful ring now attached to your left hand. It’s so shiny and it means so much to you; you’d be heartbroken if anything happened to it. That’s why you’re wondering how to insure your engagement ring. Here’s what you need to know about getting engagement ring insurance. How to insure an engagement ring. 1. First step: Check out your renters or home insurance policy. The first thing you’ll want to do is check out your home or renters insurance policy. Usually, your home insurance or renters insurance will only offer limited coverage for jewelry and other valuables – it could be as little as $1,000 per item. And if your ring is worth more than that, it might be time to consider getting extra coverage for your new bling. (If your ring is worth less than the coverage offered by your home insurance or renters insurance you may not really need to purchase extra insurance.) Also, find out if there’s a total limit for jewelry and plan accordingly.

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Electric Insurance Company

Electric Insurance Company® is a national provider of auto, home, umbrella, and personal excess liability insurance for employers, individuals, and families. We work directly with human resources professionals and select voluntary benefits brokers to provide employee programs that include relocation assistance services and onsite and online employee education. Our internal agency provides concierge placement for recreational vehicles, nonstandard homes, and specialty items.

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