Moissanite, a precious gemstone, has been in great demand for many years. To show their love and commitment, many people are interested in buying moissanite rings. You might be concerned about what happens if your ring is stolen. If it is stolen? If it is damaged. An engagement ring insurance policy can provide protection for your investment and peace of mind to those who purchase moissanite rings.
Can you Insure a Moissanite Ring?
If Moissanite marriage rings and engagement rings are insured. It’s common to feel that expensive diamond jewelry should be insured. However, Moissanite owners don’t know if insurance companies will cover their cheaper Moissanite jewelry.
They worry that insurance costs might make it impossible to provide coverage. Both of these assumptions are false. Moissanite insurance offers coverage, which is very affordable.
What Problems Can Be Encountered With Moissanite Rings?
Many people also believe that jewelry will last forever as long as it is well-made. This applies even if the jewelry is worn every day and engaged in all activities with minimal maintenance. It may surprise you to find out that diamonds aren’t indestructible. Moissanite is extremely hard and durable, but it can also be damaged occasionally.
A Moissanite engagement band or any other jewelry that is worn daily on one’s hand is susceptible to abuse. Every item in your home is used more than any other. Your jewelry, especially your engagement rings, gets more use than any other item you own, including your car, home, computer, bed, and most everything else. Think about how many products you touch every day.
Your engagement ring may come in direct contact with lotion, shampoo, perfume, hair spray and cleaning products. You also have to consider everyday activities such as shopping, carrying groceries, handling keys, and digging through your briefcase and purse. These can all impact the beauty and performance of your engagement rings.
Regular maintenance is necessary for engagement rings, just as a car requires an oil change every so often. It is normal and necessary to keep fine jewelry looking as good as the day it was bought. Although it may seem obvious, you should not wear your engagement rings or any other fine jewelry while you are cooking, cleaning, painting, climbing a ladder or doing any other strenuous activities. You can help protect your engagement rings with a little common sense.
You may want to know how to care your moissanite ring?
Why You Need Insurance
It’s heartbreaking to lose your wedding ring, but knowing that it is properly insured can help ease the pain. It’s important to protect your precious ring. Ring insurance can provide financial protection and security when you most need it. It’s worth it if you are worried about your ring being stolen, lost, or broken. While no two insurance policies will be the same, it is comforting to know you have protection and safeguards against the worst of life’s events.
Diamond insurance offers extended and standard warranties for moissanite rings as well as fine jewelry. These policies will cover your investment in case your ring is damaged or lost. Your moissanite ring will be protected in the event it is stolen or damaged. Your moissanite ring may be stolen or damaged by fire or an accident. Diamond Insurance will provide you with an insurance policy to protect your moissanite jewelry.
Factors that Influence the Cost of Insurance
These two factors are the most important. Insurance is usually a percentage of the ring’s appraised value. It is usually around 1-2% of the appraised price.
Your location is an important factor in pricing. Two common-sense factors are affected by location. The first is the risk of crime. The second is the cost of jewelry depending on where you live. Los Angeles is more likely to be a victim of crime than Huntsville, Alabama. Although coverage costs don’t fluctuate greatly based on location, they can have an impact.
The cost will not be affected by the specific materials of your ring (Diamonds, Moissanites, Sapphires, Gold, Platinum, etc.). An appraisal will usually establish the value of your ring.
Is Moissanite Worth Buying?
A moissanite ring has many benefits. First, moissanite rings are affordable. Moissanite rings can be more affordable than other types of engagement rings. They can also be passed down to the next generation of your family members because they are very durable.
Moissanite rings make a great choice for children if you are looking to buy an engagement ring. They are both affordable and long-lasting. Moissanite rings look very similar to diamonds.
They sparkle beautifully in any light and don’t lose their shine easily over time. They are hypoallergenic which makes them an excellent choice for those with sensitive skin. You want a ring you will be able to enjoy for many years. A moissanite ring can be a great choice.
