I know insurance gets discussed alot on this forum, but after reading through a number of posts, I''m not seeing an answer to my question. I apologize if I missed it. I should be receiving my engagement ring from WF here in a couple of weeks, and I would like to insure it. I don''t have home-owner''s or renter''s insurance so adding the ring to those is not an option. My understanding is that Chubb won''t insure a ring worth less than $5,000. Please correct me if somebody succeeded in finding an agent who could do that. If Chubb is not a possibility, then Jewelers Mutual would be my next option, and that leads me to my main question.
Jewelers Mutual requires an appraisal and Western South Carolina is not exactly a place swarming with good, qualified appraisers. Does anyone here know if WF''s letter of verification is sufficient for Jewelers Mutual or not? If it is, is it really safe for me to avoid getting a full appraisal, or do I really need all of the information (provided with a full appraisal) to make sure I would get a stone of comparable quality? Thanks so much for your help.
Jewelers Mutual requires an appraisal and Western South Carolina is not exactly a place swarming with good, qualified appraisers. Does anyone here know if WF''s letter of verification is sufficient for Jewelers Mutual or not? If it is, is it really safe for me to avoid getting a full appraisal, or do I really need all of the information (provided with a full appraisal) to make sure I would get a stone of comparable quality? Thanks so much for your help.