Wedding Bling—Don’t Forget to Insure the Rings

In an average year, more than 2.1 million American couples get engaged—and the number of gays and lesbians marrying is rising, too, thanks to the increasing states offering marriage equality.

Because there are so many details that go into planning a proposal, it’s easy to forget a critical step: insuring the ring! This is the very first step you can take to guarantee the ring will always be a reminder of your love and commitment. A recent Jewelers Mutual survey of 650 recently engaged men found that 50 percent of men did not insure the ring after purchase, leaving the jewelry without protection in cases of loss, theft or damage.

Look, we know it’s an extra cost that you might not want to deal with—but imagine if the ring was stolen or lost? It can happen easily—especially the losing part.

So when should you insure the ring? Experts agree that applying directly after purchase is the most ideal time to get protection; it’s fast, easy and more affordable than you may think. Get a free Perfect Circle Jewelry Insurance quote from Jewelers Mutual and see for yourself. Once it’s insured, you will feel confident that the ring is ready to dazzle your future spouse.

A marriage proposal is a stressful event for a hopeful future bride, broom or groom, but ensuring the ring is kept safe until the question is popped doesn’t have to be. Here are five tips on protecting your ring until the big day:

Store the ring in a safe place. 66 percent of men reported in the survey that they stored the ring at their place of residence after purchase. This may not be the safest option.

Ensure she or he doesn’t find it. Hiding the ring at home raises the potential that a future bride or groom will discover it. Keeping the ring at a bank safety deposit box will prevent this from happening and also keep the ring safe from theft.

Document it. Have you made a list of all of the things you will need for a proposal? Flowers, music, location? Don’t forget to also keep an accurate appraisal of the ring. Make two copies and store one separate from your jewelry. Also be extra smart and include a photo or video of the ring. (Though be sure to delete that photo from your phone after you snap it.)

Keep it with you and don’t leave it unattended in a car or suitcase. If traveling to a special destination for a proposal when you arrive at a hotel or restaurant, don’t hand your jewelry bag to a hotel or restaurant staff. Carry it personally.

Insure it right. Perfect Circle Jewelry Insurance from Jewelers Mutual Insurance Company provides personal jewelry protection against loss, damage, theft and mysterious disappearance wherever your travels take you, worldwide. So get the right insurance then relax and wait for the “Yes!” you are expecting.