Jon and Stacey just got married and went on a honeymoon to Mexico right after there wedding. Jon purchased an engagement ring for Stacey totaling $4,900. The jeweler he purchased the ring from supplied him with an appraisal as well. Jon called his home insurance company to have the ring added as an endorsement before they left for their honeymoon. While in the ocean Stacey lost her engagement ring. Is this covered..?
When you schedule your personal property it will be covered even if you just lose it. It is called mysterious disappearance coverage. This is one of the biggest reasons to get this coverage. If you lose your ring down a drain it is covered. Jon received a check for $4,900 to replace the ring!
- Total Coverage
- Average Premium (Annual)