My diamond is chipped (princess cut)

[february2003bride]

What feels like a huge "I told you so" (I say this jokingly, given the recent thread of princess cuts) a corner on my princess stone is chipped. I dropped my ring off at my local jeweler today to have it put into a mounting with v-prongs (ironically, to avoid my corners from chipping since I am huge klutz). He examined my ring for a good 5 minutes infront of me with a loupe, and then said that in general, princess cuts can have more frequently chipped corners than other shapes, and would I please initial this waiver stating that I''ve been told that. I don''t know if he saw it under the loupe (the diamond was still mounted) or if this was a general practice for princess cuts.

Anyway, I picked mny ring up 3 hours later in the new setting, and the jeweler said that a corner has a little chip and it was under the prong. He said that he got my diamond secured tightly in the new v-prong setting and that I would need to make sure I always check my stone, that it''s not loose. Since he said it was little, so I wasn''t going to call the insurance company, but did late this afternoon after thinking it over.

I''m worried that a little chip on the corner could lead to a bigger chip or even losing the stone if the same corner (or another corner) breaks. Or am I wrong? My insurance is being great; I just need to get a letter from the jeweler stating the date they discovered it, what could have caused it, and the estimate value to replace it. And then I need to send all of that to them along with a copy of my cert. so they can have their own person draw up an estimate of value for replacement.

I''m kind of surprised that this happened; I stupidly thought my stone would be immune from this because the girdle is thick. I haven''t banged my hand that I recall, but I do wear my e-ring everyday and have kids that I''m really hands on with
(no pun intended

).

Anyway, any advice on what to expect from the insurance company? Should I just cancel the claim since it''s a small chip on the corner?

Thanks so much!

 

[strmrdr]

You stuck going thru with it.
If you back out they would only have to replace the chipped stones value if it breaks to make you whole because they have you on record for accepting it.
They also might have a case for rejecting the claim if it happens after a new policy or if you switch insurance companies.
They will find out about it because it is already in the database that the insurance industry shares.

 

[february2003bride]

Thanks strm!

I don''t plan to leave Traveler''s Insurance all together, we''ve been with them for years and are happy with them. I guess I''ll just continue with the claim.

Thanks again!

 

[strmrdr]

Your welcome.
Sorry too hear the bad news that is one reason I dont like princess cuts.

 

[tberube]

Well, let me just be clear - are you thinking about replacing it??

 

[sera]

Sorry to hear about your diamond

I hope it gets resolved quickly and without any problems. Will you be getting a new diamond or have this one recut?

 

[Kaleigh]

Sorry to hear this. Let us know how it goes, good luck!!

 

[february2003bride]

Tber- At first thought, no. The chip is small and is now hidden under the new v-prong. But the more I thought about it, the more I worried. Since there is a small chip, would it now be more likely to chip bigger? Would then the stone fall out? And if/when this happens, if it''s several months or years after I''ve been told about the small chip and didn''t replace the stone, would my insurance company reject my claim since I knew about the chip x long ago?

So late this afternoon I did call my insurance to file a claim. I don''t know what they are going to do in terms of replacing it. Giving me a check, a new stone or trying to fix my curent stone (and can that even be done??). If you are asking am I replacing it with a different shape, I don''t know, I''m not even thinking about that.

 

[gailrmv]

Feb2003Bride, I missed this thread at first - what a hassle! I''m sorry to hear of your troubles. What is the situation now? Are you otherwise happy w/ the new setting? Would you hate me if I asked to see pics whenever you had time (I say that jokingly, b/c I still haven''t posted mine - BUT I WILL!)