Diamond Engagement Rings, Diamonds and Fine Wedding Jewelry - Perfect Diamonds

If you have diamonds you will probably want them to be insured. You don't want to find yourself in a situation where you have lost or damaged your diamond and cant get another one. Although a new diamond may not hold the same sentimental value as the original, it is still a good idea to have them insured.

When you purchase your diamond you may be offered a warranty at the jewelry store

You will want to see what this warrantycovers exactly and how much it costs. Some warranties are offered at pretty reasonable prices, but you need be careful of what they cover. Some may require you to bring your diamonds in every so often to get them looked at, which is probably a good idea anyway. After your warranty is up on the ring you can usually purchase an even longer warranty at the jeweler.

Another smart way to go is to talk to insurance people directly. These people will know what the best type of coverage is. You may want to talk to more than one insurance person to see what different coverages are available to you and how much they will cost.

The first and most common type of coverage you can get is replacement value insurance. With this type of insurance you will get the diamond replace for what it is valued at now, not when you bought it. There is usually a limit to how much the insurance company will pay. The insurance company can usually replace the diamond for less than what you paid for it.

The next type of insurance is agreed value insurance. With this type of insurance you will get a check for an agreed upon amount, once you and the insurance company have agreed on how much the diamond is worth. This type of insurance is not very common.

The last type of insurance is actual cash value insurance

This is the best type of insurance to have on your diamonds. This type of insurance will replace your diamond no matter what the cost. With this type of insurance it doesn't matter how much you actually paid for the diamond, it will be replaced at whatever it costs at the time of the loss.

Different insurance companies offer different types of insurance so make sure you look around and get the insurance you need and want for your diamonds. If your homeowners insurance covers your diamond you need to find out how good this coverage is as well. If you lose your ring somewhere other than your home will your homeowners insurance still cover it?

Are you sure your diamonds are even covered under your homeowner's policy? Some policies need to have amendments added to cover certain valuables such as diamonds. Whatever you do don't just assume that your diamonds are covered, and don't wait until something happens to them to find out. Do a little research and make sure you are covered with the proper insurance that you need.

Learn more about Diamond Jewelry Insurance Jewelers Mutual's Personal Jewelry Insurance

Protect your Diamonds and Diamond Jewelry

How safe is your jewelry? Where do you keep it when you're not wearing it? Is it really safe in your home?

Jewelry theft is crime of opportunity

Burglars are known to case neighborhoods looking for:

1. uncut lawns,


2. mail build-up in the mail box,


3. newspapers on the doorstep, and


4. no cars in the driveway.

They look for signs that indicate you aren't home or you've been away for awhile. Some thieves even have the nerve to knock on your door to see if anyone is home.

Security for your diamonds jewelry and other valuables in your home is a matter of attitude; realize that any neighborhood is vulnerable to burglary. Your home could be a target if a thief feels you have valuables worth stealing and there's easy access to your valuables.

Burglary is often a daytime crime and most burglaries occur during the day. Think about it: How easy would it be for a burglar to slip into your home unnoticed and steal your diamonds and jewelry if you are occupied in another part of the house, outside in the garden, or mowing the lawn?

Protect your valuable diamonds and jewelry by following these tips:

• Install good locks on your doors and windows and establish family procedures for locking them. When practical, keep your doors locked at all times, and always when you leave.



• Make your house look lived in-keep the lawn groomed and pick up your mail and newspapers daily.



• Keep your jewelry in a secure place, such as an immobile home safe or a safe-deposit box. If you don't have these, choose a secure hiding place in your home.



• Jewelry boxes and dresser drawers, as well as almost any other spot in bedrooms, are often the first places a thief will look for your valuables. Consider storing infrequently worn jewelry in a bank safe-deposit box. Choose a hiding place that is inconspicuous, yet convenient for you.

Traveling tips:

• Only bring what you plan to wear every day.



• Consider wearing faux pieces when you travel, but remember, even faux pieces may make you a target for theft.



• Never leave jewelry in your luggage to be transported by airlines, cruise lines, or other public transportation.



• Store unworn jewelry in the hotel's safe-deposit box, not in the safe located in your room.



• When swimming, fingers constrict, making it more likely your ring will fall off. Rather than risk it, leave your ring in the hotel's safe-deposit box.



• If you venture into a crowd or area that feels less than safe, slip your pendant inside your shirt and turn your engagement ring so the diamond doesn't attract unwanted attention.

General tips for protecting your jewelry:

• If you bump or catch your jewelry, inspect it immediately for missing stones or damaged prongs. If you suspect damage, keep the jewelry in a safe place until you can take it to a jeweler for inspection and repair.


• Gloves commonly catch prongs on rings; take extra care when removing them.


• Never put jewelry in your pockets. Even pockets with zippers can be susceptible to opening.


• Remove your jewelry before gardening, playing sports, swimming, or performing difficult chores around your home. Place it in a safe location.


• Don't set jewelry items on an open surface such as a sink, counter, or public area. They can be forgotten, lost, or even stolen.

Regular inspections are key to preventing diamond jewelry loss

Have your jeweler inspect your diamond rings and diamond jewelry on a regular basis. This is especially true for items you wear frequently such as your engagement rings and/or wedding rings. Small problems-like loose stones, worn or damaged prongs, and faulty clasps-often can be detected and repaired before they turn into bigger problems. Since diamond jewelry values periodically change, these inspections also allow your jeweler the opportunity to make sure your diamond jewelry is properly valued for replacement purposes. Don't forget to insure your diamonds and diamond jewelry! Finally, insure your diamond jewelry to assure that you can replace it if it is lost, stolen or damaged.

 

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