Wedding Resources

How does insurance change if I have my engagement ring and wedding band welded together?

My husband insured my engagement ring when he purchased it. Now that I have two rings, I would like to have them welded together. Would this cancel or nullify the insurance on my engagement ring? Would I have to re-insure the rings after I have them welded together?

Public Comments

1. What you need to do is have both rings appraised separately and take a copy of that appraisal to your insurance agent and they will add a special endorsement to your home owner's policy for the specified amount. It's very easy!
2. You need to have the new ring appraised. This new ring is now considered a single unit, and the individual appraisals mean nothing considering the two joined together may not equal the sum of the two independent values.
3. Yes it would void the current insurance due to you making changes to the ring itself. You would need to purchase new insurance, if your husband bought both rings at the same jeweler I'm sure that it would not be a problem, you take it back to them to mold them together, and ask them to insure the new ring instead of the old 2. Now, if he bought them at the same store but you take it to someone other than them to mold them together you may not be able to insure them at all except maybe through your home owners policy if your home is broken into and the ring is stolen. Also, if you bought them at 2 different stores you may not be able to insure them either since most jewelry insurance will only cover their own product, not the product of another jeweler. Why do you want them melted together in the first place, why not just wear both of them at the same time like everyone else in the world, or just the wedding band and store the engagement ring somewhere safe? It would be worth not doing it if you are going to have a difficult time getting insurance for the ring, make sure that you look into it before you have it done, and make sure to ask tons of questions because a salesperson will say what they have to to make a sale and maybe ask more than 1 person in the industry.
4. It's not going to change them at all. YOu might want to ask your agent to note your file, that the two rings have been welded - but it won't affect value, coverage, or anything else.