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next step......insurance- do i need it?

Discussion in 'RockyTalky' started by earth, Feb 18, 2010.

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  1. earth
    Shiny_Rock

    Messages:
    103
    Joined:
    Jan 8, 2010
    by earth » Feb 18, 2010
    Hi
    have finalized my diamond ring...moving to next stage now.
    My ring will be 0.83 carat...platinum metal cost approx $4300.... Do i require insurance & if yes, then what do u think is the right amount i need to pay yearly?
    I talked with Jeweler Mutual...they quoted around $60 annual payment. Have read few posts about Jeweler Mutual in this forum and seems to have good reputation.... i know nothing about insuring rings ...anything particular i need to clear with them?
    thans!
     
  2. JulieN
    Super_Ideal_Rock

    Messages:
    13,278
    Joined:
    Jul 25, 2005
    by JulieN » Feb 18, 2010
    60/year sounds about right...

    It''s only not worth it if you could somehow put that $60 into some kind of REALLY high yield investment, IMO.
     
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