dlaude6, congrats on your engagement!
I just wanted to share some updated info about Chubb stand alone ring policies since it seems like the Chubb agents all give different info on stand alone policies. Like others on this thread, I too have a Chubb stand alone policy for my ring. Over the years the value amount on a stand alone ring has slowly changed to reflect increasing claims on rings from stand alone policies. A few years ago I got an upgrade and was abe to get my ring insured via Chubb because it had a replacement value at a level that they were currently accepting, had it been lower, they would not have given me coverage. I just checked with my agent a couple of months back and was told that now that Chubb has taken such a beating in stand alone ring policy claims, they will now only provide coverage for rings with a replacement value of $100k or more, and this info comes from a Chubb agent who did a large number of stand alone policies on things like engagement rings. Rough, I know, but I guess a lot of people were cashing in on claims so they only cover really super high amounts.
what insurance did you end up going with in the end?
I just wanted to share some updated info about Chubb stand alone ring policies since it seems like the Chubb agents all give different info on stand alone policies. Like others on this thread, I too have a Chubb stand alone policy for my ring. Over the years the value amount on a stand alone ring has slowly changed to reflect increasing claims on rings from stand alone policies. A few years ago I got an upgrade and was abe to get my ring insured via Chubb because it had a replacement value at a level that they were currently accepting, had it been lower, they would not have given me coverage. I just checked with my agent a couple of months back and was told that now that Chubb has taken such a beating in stand alone ring policy claims, they will now only provide coverage for rings with a replacement value of $100k or more, and this info comes from a Chubb agent who did a large number of stand alone policies on things like engagement rings. Rough, I know, but I guess a lot of people were cashing in on claims so they only cover really super high amounts.
what insurance did you end up going with in the end?