Buying the lifetime warranty from jeweler

[Merty]

My jeweler wants me to spend another $100 on a lifetime warranty when I purchase just my simple solitaire plain setting with v prongs for my marquise diamond. Why would I if I also carry insurance. I think this is thier insurance plan. Help please!!

 

[pandabee]

You don't. They are trying to make money off you.

 

[diamondseeker2006]

I agree, you don't need it.

 

[diamondloveaffair]

you most probably won't need it. But if you are curious, check with them what they offer in details and ask them explicitly why you should get it when you have insurance.

 

[sakari_8]

I think its not required when insurance you carry on the piece, they are only trying make money it seems.

 

[iluvshinythings]

I bought the lifetime insurance with my engagement ring from a jeweler. A few months after purchasing it, I knocked the center diamond out of the setting. When I took the remainder of the ring back to the store, they replaced the diamond without any charge.

However, I was at the mercy of the store to replace my diamond with another diamond of the same quality. Since the initial diamond wasn't certified (and I was a novice), the diamond I got back was theoretically of the same value. Who knows though, it was one of those "G to H", "SI1 or SI2" type stores where the reality was probably a J color and an I2.

I was given a pair of earrings from the same jeweler and again purchased the warranty. I've since learned that by not returning to the store every 6 months to have the settings checked, that my warranty isn't valid anymore.

(This was all several years ago and I promise I'm better educated about my jewelry purchases)

 

[bcavitt]

If it was a chain jeweler, feel sorry for the poor sales person. While I don't know if this practice holds true there, I remember back in the 80's & 90's when national chain appliance/TV stores offered service contracts with their purchases and each month the low $ sales person in both product and service contracts were fired! If you don't think those sales people were aggressive on the service contracts, you'd have another think coming!

Bryan Cavitt
Images Jewelers