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Posted by on Apr 29, 2013 in Ring | 0 comments

My Thoughts on Ring Insurance

The other day, a friend asked about tips regarding ring insurance. Admittedly, I am far from an insurance expert, but I do have an opinion. It’s a personal preference, but I would advise NOT to get ring insurance. Now some of you might be thinking, “That’s crazy. Rings can cost more than cars or medical procedures, and you would never skip buying car or medical insurance.” That’s a fair thought and besides the fact that car insurance is legally required, I believe many arguments can be made for why ring insurance is unnecessary.   Ring Insurance First of all, some homeowners or renters insurance may already cover rings. Often, there might be a $ limit on how much is covered or you may have to pay extra to increase the $ limit. You may, however, already be paying this extra amount to cover other valuables and if that’s the case, your ring could already be insured. In any case, if you already have homeowners or renters insurance, you should...

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