- Jan 11, 2006
Okay, I am deciding whether to move my diamond ring and studs to a better policy. And I need help deciding how much to insure them for. Would you insure them for the purchase price or the insurance appraisal amounts which are about 1/3 more than the items cost? ($14,000 vs. 20,000 and $6000 vs. $9000) This would be a policy where they would write me a check in the event of loss.