I’ve seen many clients planning weddings over the next few weeks. So I thought I’d share an insurance tip this week just for engaged couples and newlyweds.
You’re spending a lot of money on your wedding and those rings. Make sure they’re covered!
Jewelry is covered under your Homeowners or Renters insurance. But the coverage amount can be limited. If you don’t cover the individual piece of jewelry specifically, you might not have enough insurance if it were to be lost of stolen.
Here’s what I recommend. Get an appraisal of your rings from the jeweler. Then bring in a copy and we’ll add the rings to your policy. (We can discuss deductibles or special coverage.) Depending on the value of the ring, you might spend only a few dollars a year to know that your valuable jewelry is insured.
If you are renting or getting ready to purchase a home and don’t have a policy, now is a great time to schedule a free consultation to discuss what coverage you’ll need and give you a ballpark figure for what it will cost. Renters Insurance is very inexpensive and can give you a lot of peace of mind as you combine your two households.
You could also consider getting Wedding Insurance to cover many of the mishaps that can happen in the planning process. Check out our Wedding Insurance Page.
But the best tip I can give? Get a local insurance agent you can trust! We’ll look out for you and help you get the right coverage at an affordable rate. Call today for a free quote at 612-217-0157.