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One of the single biggest expenses for your wedding will be the wedding rings that you purchase to commemorate your special day. If you were to lose your wedding rings, or your engagement ring in the future it would be a loss that would not only be emotionally devastating, but a severe financial loss as well. Because of the cost involved with these rings, wedding ring insurance has become more popular for many couples.
Many couples assume that their wedding rings are covered under their home insurance policy. However, do not make this assumption because many policies do not cover rings if they are lost, only if they are stolen from your home or property. It is important to check the particulars of your policy before you think that you are covered.
With most insurance agents you can add extra coverage for jewelry. This may be an option for you if your rings cost more than $1000, as most policies only cover ring replacement for jewelry up to a $1000. In order to get the full value of your rings it is important to have an appraisal done to get an accurate dollar value for your jewelry.
Even if you have wedding ring insurance, you will not be able to replace the sentimental value of your wedding rings, especially if they have been engraved. However, as well as being meaningful, engraving your rings can help recover them in the event of theft. For engraving ideas, or more information check out www.weddingvowrings.com.
Another option for some couples is wedding insurance. This insurance covers a number of areas of the big day including wedding ring loss within a seven day period around the big day. For couples who are planning large weddings, with many details, this may be a feasible option to protect their wedding rings as well. |
