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.