Proposed Over Valentine’s Day? Remember to Insure the Ring

Proposed Over Valentine’s Day? Remember to Insure the Ring

Protecting the engagement ring once you’ve popped the question!

Valentine’s Day is one of the most romantic days of the year, which is why it’s no surprise that many people choose to propose to their loved one on this day. If you got engaged over Valentine’s Day, congratulations! You may be busy making wedding arrangements and swooning over your other half. The last thing on your mind may be protecting the engagement ring. However, if something does happen to the ring and you do not have coverage, you could be faced with telling your spouse it is damaged or paying a huge expense to repair or replace it. This is where having valuable insurance comes in handy.

The good news is that protecting your ring does not have to be time-consuming or costly. In fact, most people include it in their homeowners or renter’s contents coverage. However, this all depends on the value of the ring. Be sure to get it appraised and dig out any receipts spent on the ring. This will help to determine the value of the ring so that  you can better protect it.

While your engagement ring is probably up there with the more expensive items in your home, its sentimental value is priceless. If the ring value exceeds your home or renter’s insurance coverage, then you may need to acquire additional protection for it. Talk to your insurer about what coverage works for your ring and budget so that you can protect it from a variety of perils.

Are you ready to secure the right insurance to protect your possessions and engagement ring? Visit the independent insurance professionals, Perry & Carroll, for all of your insurance needs in Elmira and neighboring cities in New York.