Brides Add Engagement Ring Insurance to Homeowners Insurance

InsuranceAgents.com releases a guide to help soon-to-be wed couples insure engagement rings. End Quote

The best way to obtain engagement ring insurance is to add a rider to your renters or homeowners insurance policy.

Chicago, IL (1888PressRelease) September 11, 2009 - If you’re headed to wedded bliss, you ought to find proper engagement ring insurance coverage for that pricey rock on your finger. a recently published article on InsuranceAgents.com recommends couples to add coverage to their homeowners insurance to prevent any financial loss if the engagement ring is lost or stolen.

“The best way to obtain engagement ring insurance is to add a rider to your renters’ or homeowners insurance policy,” the InsuranceAgents.com article states. “Ask home insurance agents how much adding an engagement ring insurance rider to your policy would cost.”

Engagement rings are generally not cheap; even a modest one can cost a few thousand dollars. But insuring the ring to protect yourself from financial loss doesn’t have to be pricey. According to the InsuranceAgents.com article, “Don’t Forget to Get Engagement Ring Insurance,” this coverage costs, on average, about $1 to $2 for every $100 the ring is worth. So if your ring costs about $10,000, the insurance may cost $100 to $200, but is still dependent on other factors.

“Any number of factors can affect what you are charged for your engagement ring insurance,” the article states. “Your credit history, for example, or whether or not your ring is an antique/family heirloom can great affect how much you pay for engagement ring insurance.”

Get in touch with your home insurance agent today to discuss the additional price of adding an engagement ring insurance rider to your policy. Be sure to ask some of the following questions:

1. Will my ring be insured for the full cost or just a portion of it?
2. How will the insurer replace the ring? With a check for replacement cost of the ring or will I have to go through the insurance company’s previously chosen jeweler(s)?
3. What factors affect the cost of my engagement ring insurance?

Couples can relax knowing they have engagement ring insurance to protect them from significant financial loss. The coverage can cost very little, especially if couples look for home insurance quotes or renters insurance quotes online. That way, when local agents call you to offer quotes and policies, you can ask them about adding an engagement ring insurance rider to the policy. Obtaining multiples insurance quotes online is simple.

Check with InsuranceAgents.com for more information.

staff contribution: Meha Ahmad

http://www.insuranceagents.com/engagement-ring.html

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