I realize this post is targeted towards military folk but chances are many of you have a friend, brother, father, husband, etc. in the military. As a military wife, I thought I would send out this helpful bit of information for those military couples searching for the perfect engagement ring. Many don’t know that USAA, a common military bank and insurance, offers gorgeous engagement rings and wedding bands. It may seem peculiar to shop via your online bank but trust me it’s worth the price and high quality of diamonds. USAA offers a 30 day return policy so you have the chance to be completely satisfied.
HOW TO CHOOSE YOUR INSURANCE POLICY:
This next step is IMPORTANT for everyone…insure your engagement ring! You should be able insure your ring(s) under your current homeowners/renters insurance policy. Another option is to find an insurance provider that specializes in insuring engagement rings such as Jewelers Mutual, who I don’t have personal experience with but have received reputable ratings.
QUESTIONS TO ASK BEFORE YOU CHOOSE A POLICY (compliments of The Knot):
-
Is the ring covered if you lose it accidentally, or only if it’s stolen?
-
How will the company replace the ring — with a check? Or will they require you to purchase a replacement through a specified jeweler?
-
What if it’s a vintage ring or other unique piece? How will the quality and size of your diamond — and that of a replacement if needed — be documented?
-
Is the ring insured to full cost or a fraction of it?
-
How will you need to prove the ring vanished if you make a claim?
-
Are there any circumstances that aren’t covered? (What if your ring flies off at the circus and gets trampled by elephants, for example?)