Find out why you should get insurance for your engagement ring.

If you've just gotten engaged, then getting insurance for your engagement ring is probably the last thing on your mind.  However, getting the coverage you need should definitely something that you should check off your to-do list.  Here's what you need to know about insuring your engagement ring. Do I really need insurance? Generally speaking, you should get insurance for any personal item that cannot be easily replaced.  Even if your engagement ring isn't particularly expensive, it's high sentimental value usually makes it irreplaceable for most couples.  If your ring is damaged, lost, or stolen, it's best to have insurance coverage to ease the pain of your loss. How can I get coverage? There are several ways to get insurance coverage for your ring.  In some cases, your existing homeowners insurance policy might be enough to cover your ring.  However, if the value of the ring exceeds your policy coverage limits, then you might have to purchase a policy rider to get the additional coverage you need. What steps should I take? Usually, getting your ring insured will require you to get it appraised.  Generally, this appraisal will be completed by a certified gemologist for a small fee.  Once you determine how much your ring is actually worth, you can decide which insurance option makes the most sense for you. Use this information to help you get the insurance coverage your engagement ring needs.  If you have any more questions regarding your coverage, don't hesitate to contact the experts at East End Insurance Agency in Southold, New York.  Our dedicated team is always ready to assist you with all your insurance needs.