Who insures the engagement ring, bride or groom?
The answer? Either. (Or neither! Anybody can.)
The ideal person to insure the engagement ring is whomever has it in their possession first. You can even apply for jewelry insurance right on your phone before you leave the jeweler.
As the ring purchaser, being in charge of such a small, valuable, important item can feel like taking the fate of the entire world (or at least your relationship) into your own hands. What do you do with it before you propose?What happens if you lose it or it gets damaged?
Many soon-to-be-proposers come up with unique hiding places (really, a safe-deposit box is best), but the most important place to have the ring is safely documented on your jewelry insurance policy.
If you are on the ring-receiving end, your first wedding planning question should be: “Is this ring insured?”
A lot can happen between the day you're engaged and the day you're married (and beyond), especially if the ring hasn’t been sized yet and/or you aren’t used to wearing it on a regular basis.
Check off your first “to-do” on the wedding checklist by ensuring your precious new ring is protected.