Do you know if you're insured if your engagement ring is stolen?
What Happens if Your Engagement Ring is Stolen?
Getting engaged can be one of the most memorable times of a couple’s life. Having a burglar break into your home and steal the engagement ring, however, can be something you’d like to forget. The good news is that with a little advance planning, your homeowners or renters insurance policy may help cover the cost of a stolen engagement ring. Read on for the details. Who should buy the coverage: The ring buyer or the recipient? When thinking of insurance for an engagement ring, a primary question might be: Who should buy the insurance -- the person who purchased the ring, or the recipient? The answer lies in the current ownership -- if the couple isn't living together, then the person who is currently holding onto the...Read MoreGood to Know
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