Many people believe that their rings and jewelry will be covered under their homeowner's or renter's insurance. However, if your collection is valuable or meaningful to you, then you should most definitely consider taking additional steps to insure it just in case it is ever stolen or lost to fire.
No matter how good your insurance policy is and how reputable your insurer may be, there is a simple reality that should weight heavily on your decision making process. All insurance policies have their limits or ceilings. In short, there is no blank check. That means that you must know how much coverage you have for your rings and what exactly the policy covers. Failure to understand this important fact may prove to have serious consequences.
Finding an Insurance Company
Finding a good insurance company can be tricky, but there are steps you can take that should help. Asking your friends and family about their insurance experiences might help point you in the right direction. Obviously, if you know someone that has had horrible experiences with an insurance company, you might want to think twice before using that particular company. Likewise, if a friend or relative has had a great experience that is also rather useful information.
The main point to remember is that you most definitely should be certain that you are carrying enough insurance on your valuable rings and other jewelry. The research might take a little time, but once you have found a reliable insurance company to work with, you will not have to repeat the process anytime soon.
Ask your friends and family if they have any good insurance recommendations. This is a fine place to start. Odds are that you know someone that can point you toward an insurer that they have worked with in a satisfactory manner. Also don't be afraid to strike out on your own and do the necessary research to find an insurer that will meet your needs, both in terms of price and the type of policy you need. After all, having enough insurance to cover your rings brings with it peace of mind.