But hey, never assume your wristwatch is covered with your homeowner’s policy – ask your home insurer! Nevertheless, even if it does, it doesn’t actually cover for the full value of your precious watch, as there’s always a limit to the amount to be covered for certain high quality valuables like your Rolex or Breitling wristwatch, plus it can include deductibles as well. Getting a insurance for watches as a single item with a separate watch insurer is the best possible way of protecting your watch against accidental loss, theft or damage.
But, let’s get one thing straight first, you’re reading this because you believe in the importance of engagement ring insurance – good decision! The issue you’re having right now is probably the best possible method to get it insured. Whether to include it in your home contents insurance or to insure the ring as a standalone insurance (engagement ring insurance with an insurer that specializes in jewellery insurance). We’re going to be examining these two different methods of engagement ring insurance and help you draw a conclusion on the best option for you.