Insure Your Rings
If you have existing homeowner’s or renter’s insurance, by all means include your wedding rings under this policy. Keep in mind, however, that some insurance policies don’t cover accidental loss or a ring valued over a certain dollar amount. Therefore, a separate policy, or a rider on an existing policy, is necessary. The cost of coverage for your rings is based on its appraised value (you’ll need to get an appraisal from a jeweler and provide to your insurance company for a quote). If you can afford the extra money for this coverage I would strongly suggest getting it. Call any local insurance company or go online to JewlersMutual.com for a free quote.