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We find these kind of stats a little frightening: Statistics show that around 40% of households that own an engagement ring do not have insurance to protect it. Of those, one-third consider their engagement ring as one of the most expensive items they own among other investments such as their home or vehicle.
Apart from the 40% with no insurance for their ring, there are still more who are not sufficiently covered because they’ve simply included it in their home insurance!
Most home insurance policies will only cover you for $1000 or $2000, regardless of the value of your jewellery. If you paid $5000 or $10,000 for a ring and lose or damage it, you could end up in a situation where you’re only covered for $1000. Click here to read about how and why this happens.
And of course, this is not including the memories, emotional attachment and meaning every engagement ring holds.
Are you really prepared to settle for this? If not, you need to give Q Report Jewellery Insurance a call: 1800 882 018
To get an accurate insurance quote, please provide the amount from your purchase receipt.
Don't have the receipt?
If you don't have the receipt, you can provide the most recent valuation amount instead.
