I’ve seen many of my 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 new 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 or 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 also 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.
Please check out our website at www.fowlkesinsurancesrvc.com
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