Here is what you need to know about protecting your most valuable jewelry.
Engagement and wedding ring insurance is a method of mitigating risk in the event of loss, theft, damage, or mysterious disappearance. A ring insurance policy will also cover preventative maintenance. Replacement policies will allow you to work with the jeweler of your choice to ensure that your emotional loss is as minimal as possible.
Protection of your Engagement and Wedding Ring should cost between .5%- 1.5% of the appraised value of the item. There are several factors that will determine the exact amount, such as where you live and the cost of the ring. This means you should expect to pay between 50 cents and $1.5 for every $100 of the value.
At the time you purchase an engagement ring (even before you propose) you should get your ring insured right away. Your best engagement ring insurance policy comes from a company founded by a 3rd generation jeweler.
Most homeowners’ policies limit their coverage of personal items to $1,000 to $2,000. That’s not enough to replace most fine jewelry engagement rings.
Make sure you can work with your local jeweler in the event of a claim. Some insurance companies require you to get a lost or stolen ring replaced from their selected vendors. You want to be able to replace your ring from your local jeweler.
“BriteCo’s policies protect engagement rings against many covered perils, including theft, robbery, accidental damage, mysterious disappearance, and some natural disasters, like hurricanes and earthquakes.
We also found that BriteCo premiums for engagement rings were about 3% below average. And the company received far fewer complaints than expected over the last three years.”
You can quickly get a custom quote for the cost of engagement ring insurance in 60 seconds online. See immediately how affordable BriteCo jewelry insurance can be.
BriteCo engagement ring policies feature zero deductibles, so you don’t have to worry about paying out of pocket should you ever need to make a claim for replacement.
Unlike most jewelry insurance providers, BriteCo gives you the option to pay for your engagement ring insurance policy monthly, with a discount for annual pay.
Most jewelry insurance companies cover 100% of the appraised value for an engagement ring replacement. BriteCo provides coverage up to 125% of your ring’s appraised value!
Check your engagement ring insurance price today to find out
Best Pricing, simple streamlined and efficient process. I highly recommend BriteCo to anyone who is in the market to insure jewelry
It was so easy to get my jewelry insured with BriteCo. I had put it off for years but the jeweler made getting the appraisal and setting up the insurance very simple to do.
Excellent submittal process provided online, easy to attach required documents and fast approval. Would highly recommend using BriteCo provider for your luxury timepieces.
It was so easy to insure my jewelry with Briteco! I was worried about the difficulty of doing everything online but the system worked flawlessly and I saved several hundred dollars plus got even better coverage. Perfect!
Awesome Company, Customer Service and Great Rates. Website is totally user friendly. Truly hope I never have to file a claim, but if I do, I trust BriteCo will provide the same service as they have demonstrated so far……Many Thanks
The day I received my engagement ring, I also applied for insurance with BriteCo on it. So easy to do online, took about 5 minutes and they got back to me within 24 hours with my policy! Quick and easy!!
My fiancé lost the center stone in her engagement ring and BriteCo made getting it replaced a breeze. The peace of mind by itself is worth the money. Just this incident alone more than covered the cost of the insurance.
After only having my engagement ring for a few months it was unfortunately damaged in a car wreck. Thank you BriteCo for insuring my ring and making sure it is back on my finger in time for my wedding!
Perfect! I can’t believe how fast and inexpensive BriteCo’s insurance is. I may be insuring a few more pieces. Thank You Again
Great customer service, quick responses. BriteCo has a simple application process and ultimately a great experience.
Wanted to protect my beautiful ring. Quick and easy quote and policy! Love it! Would recommend BriteCo to everyone.
Things get lost. An earring falls out unnoticed. You put your ring in your jacket pocket and can’t find it. It happens. With BriteCo, you’re covered.
Losing your diamond ring or other precious jewelry to theft can be traumatizing. We make it a bit easier knowing you’re covered for full replacement.
Life happens. Accidentally bang your ring against a counter and chip or lose a stone? Snag your ring, and bend a prong? Rest assured, you’re covered.
Even if there’s no logical explanation how, where, or when your precious diamond ring or necklace disappeared, BriteCo has you covered.
BriteCo™ makes it fast and easy to see an instant no-obligation online quote and get insurance coverage for your purchase in a few minutes on your smartphone.
Just click on the “Check Your Price” orange button on our website. You’ll instantly see our quote screen to enter your engagement ring appraised value and basic info.
Within 60 seconds or less you get a customized quote with a price for 5-star rated insurance coverage. Add additional information and answer a few questions to see what discounts you qualify for. You can also add your fiancé as an additional insured at no extra charge.
Review your final quote and pay by credit or debit card. And we offer a convenient monthly payment option. Congrats, your engagement ring is insured in under two minutes!
BriteCo™’s standard policies have no deductibles, so you don’t have to worry about spending any additional money to get your jewelry replaced.
Yes! You do! In fact, did you know that a BriteCo™ jewelry insurance policy can protect your homeowners or renters insurance from jewelry claims?
It’s true! Jewelry claims through your home or renter insurance can result in rate hikes, or even insurance cancellation. And the ultimate risk to protecting your engagment ring? A standard homeowners or renters insurance policy caps payouts as low as $1,000- $2,000 per item!
Plus, a personal articles rider doesn’t even guarantee jewelry replacement.
Don’t leave your engagement ring unprotected – survey reveals people lose or break their jewelry 69% of the time!
Considering the average amount spent on engagement rings is $5,900
and up, a quick mental calculation can tell you that, well, $2k from your home or rental insurance just isn’t going to cut it.
Don’t take a risk relying on your home or renters insurance!
BriteCo™ gives you the peace of mind you want with the best jewelry insurance you’ll be glad to have if the worst-case scenario were to occur.
BriteCo Jewelry Insurance offers you coverage with low-cost premiums for insuring wedding rings, engagement rings, and other fine jewelry property. Backed by an AM Best A+ rated insurer, BriteCo has coverage for the full value of your ring in the event of loss, theft, damage and mysterious disappearance.
When making a claim, you avoid any out-of-pocket costs with our zero deductible policies while assuring you get up to 125% of appraisal value in a replacement ring. No need to add a personal jewelry insurance rider to your homeowners policy to protect your valuables when you can get specialty jewelry insurance coverage from BriteCo that’s fast, easy and affordable.
Yes. Especially if you are unable to replace it if it is lost, stolen, or damaged. The cost of engagement ring insurance should be between 50 cents to a $1.50 for every $100 in ring value, making it an affordable investment to receive protection in most cases. Check how affordable it is for your ring.
Quality insurance should cover a lost ring and the most common form of a lost ring - "mysterious disappearance". In general, specialized jewelry insurance is your best bet for quality coverage of your ring. Buyer beware of home policies that will have low coverage limits or a high deductible.
You can insure your engagement ring with a separate policy through an independent specialized jewelry insurance provider. Specialized jewelry insurance should offer better coverage with no deductible compared to most homeowners or renters insurance. To learn about insuring your jewelry with a specialized policy vs as an add-on for homeowners, here is a full evaluation.
Full coverage of your engagement ring will cost betwee 0.5%-1.5% per year of the appraised value with BriteCo. There are a variety of factors such as where you live or prior claims that can affect your individual cost. Learn more about ring insurance cost.