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Easy Procedure For Buying Engagement Ring Insurance
By: Alex and Company
When buying an engagement ring from Alex and Company, it is also a good idea to get an engagement ring insurance from the same company because they only offer jewelry insurance only. Insurance companies that cover jewelry only and not other properties don't inflate prices when you have an insurance claim. Alex and Company is certified by the Gemological Institute of America (GIA). Determining the price of an engagement ring insurance is not that hard at Alex and Company.
The company determines the engagement ring insurance based on the region's theft rate and where the client comes from. In most cases, the price is set at 1-2% of the value of the engagement ring. This means that if a client bought the engagement ring at $75,000, he would have to pay $75 annually. This is a small amount compared to the price of the item you are insuring.
At Alex and Company, policies with no deductibles have higher premiums, just like other insurance. Moving to a new area demands that a client makes adjustments if he has taken an engagement ring insurance at Alex and Company. Premiums may change depending on where the client moved to. Areas with higher theft rates will see premiums go up.
About Alex and Company Jewelers
Alex & Company Jewelers is a fine jewelry design company based in Boston. The is run by a family of jewelers that takes immense pride in designing and creating custom designed jewelry. They create fine, high-quality bespoke and sell them at honest prices.
To learn more about Alex and Company, visit their website at https://alexandcompany.com/