Engagement ring insurance
Engagement ring insurance. For your peace of mind.
Every ring is unique and carries with it memories that are irreplaceable. They are the most symbolic of rings and carry with them the promise of a lifetime of dedication and care. Our bespoke engagement ring insurance gives you the protection and peace of mind you need.
What does engagement ring insurance cover?
What's covered
- Accidental damage
We cover accidental damage, home and away as standard. Whether your ring is dropped and smashed or sustain other accidental damage, you can rely on our policy to cover the cost of repair or replacement.
Partially damaged items are also covered for the cost of repair and/or restoration, plus the amount of any depreciation, providing that the cost of this does not exceed the full value of the item.
- Theft
If your ring is stolen during a break-in at home, or whilst being worn by you or an immediate family member outside of the home, our policy gives you the cover you need to replace them.
In the event of a claim due to theft, partial loss, loss or malicious damage, you must report the incident Police within 24 hours and obtain a Crime Reference and/or log number.
- Loss
Our policy covers loss of items wherever you are, which means that you have fail-safe security and protection should you accidently lose your ring at home, away from the home or out of the country.
In the event of a claim due to theft, partial loss, loss or malicious damage, you must report the incident Police within 24 hours and obtain a Crime Reference and/or log number.
- Worldwide
We offer worldwide cover as standard which means we will repair or replace your items, wherever the incident occurred, up to a maximum of £30,000.
Providing that you are a UK resident, your policy allows you to enjoy peace of mind wherever you are with unlimited international cover on all policies.
Keep your ring insured
To ensure your ring is covered by our policy you will need to take the following measures.
- Theft or loss away from home
We can't provide cover against theft or loss away from home unless the item:
Is being worn by you or your immediate family
Is being carried under your close personal custody or control or that of your immediate family
Is deposited in a bank or locked safe
- Theft at home
We can't provide cover against theft from your home unless your engagement ring is kept inside the home and any security devices are in operation and there is clear evidence of forcible and violent entry or exit
- Evidence of ownership
We cannot provide cover where no evidence of ownership or an engagement ring valuation has been provided
What's not covered
- Loss cover if item not insured with 60 days
If the item you are wanting to insure was purchased/gifted more than 60 days ago, and you have not had it insured in the last 60 days, then loss cover will be excluded. Your policy will still provide cover for theft and accidental damage for all items you have chosen to insure with us
- Wear and tear
We cannot provide cover against damage caused by wear and tear
- Unmounted gemstones
We cannot cover against loss or damage to any unmounted gemstones
- Certain imported items
Any imported item where appropriate UK customs duty has not been paid or where evidence cannot be provided
For more information about what isn’t covered under the terms of our valuables insurance, please read our insurance booklet.
What does our engagement ring insurance cover?
Our engagement ring insurance provides protection for single rings valued between £1,000 and £20,000, or add your ring to a collection of jewellery worth up to a maximum of £30,000 in total. We build our policies to fit around you, each policy is unique and covers theft, loss* and accidental damage to your engagement ring, wherever you are in the world.
Why might you need engagement ring insurance rather than home insurance?
Home insurance protects your valuables up to a point, but our specialist policies go the extra mile and protect your engagement ring against theft, loss* and accidental damage both inside and outside your home. And as we cover worldwide as standard, you can relax both at home and abroad.
How much does it cost to insure an engagement ring?
It depends on the value of the ring, but it might cost less than you think. If your engagement ring is currently insured under your home insurance policy, you could find that our stand-alone cover will make you some welcome savings. We offer a 10% discount on multiple items and our Lowest Price Guarantee means we’re confident that you won’t find the same cover elsewhere for a lower price. Get a quote now and see how much you could save.
Where do I get my engagement ring valued?
Not everybody buys a new engagement ring, some use a family heirloom which means you might not know the current value. If you are not sure about your ring’s value, check out our guide to getting your jewellery valued. Once you have that valuation, make sure you keep any documents, receipts, certificates and photographs safe in case you ever need to claim, as that will make the process easier.
Do you have other valuables you’d like to insure? Combine them under one policy and save 10%
Important documents
If you already have insurance with Ripe, you’ll find your important documents for your policy in your Members area.
Insurance Booklet (PDF 374 KB)
*If the item you are wanting to insure was purchased/gifted more than 60 days ago, and you have not had it insured in the last 60 days, then loss cover will be excluded. Your policy will still provide cover for theft and accidental damage for all items you have chosen to insure with us.