Engagement Ring Insurance & Ring Upgrades: What's Covered?

Altering an engagement ring covered under an engagement ring insurance policy can reflect changes in your and your spouse's financial situation. It isn't a difficult process. Before making any changes, check your insurance policy to make sure that any damage that could be caused by the upgrade is covered.

Upgrade Your Engagement Ring

If you are going to upgrade your ring, it is best to go back to the jeweler who made it. Call them up and find out about their upgrade policy. Some give you a credit toward upgrading their jewelry.

Upgrade Your Engagement Ring Policy

After your ring is just the way you want it, update your policy. Be sure to get an appraisal for your updated ring. Once you do, take that and your receipts to the insurance company and adjust your policy to reflect the changes.