Your Questions Answered
- Who are Assetsure and who will I be insured by?
Assetsure has been insuring valuable items for over a decade. All of the staff that you may speak to are based in the UK. Our policies are underwritten at Lloyd’s of London, the world’s leading specialist insurance market. We handle claims in-house and are rated five stars by Trustpilot.
- Are you specialists in arranging engagement ring insurance?
Yes. We specialise in arranging insurance for jewellery and other valuable items including engagement rings.
- I’m worried about losing my engagement ring, can this be covered?
Yes, our policies include accidental loss cover as standard. In some cases, we will require you to send in a photo before this cover can be agreed.
- How much does engagement ring insurance cost?
The cost of engagement ring insurance cover depends on several factors, including the ring’s insured value, the wearer’s age and your postcode.
- When should engagement ring insurance start?
Insurance for your engagement ring can usually be arranged as soon as the ring has been purchased or received. Many people choose to arrange engagement ring insurance straight away, particularly if the ring will be worn regularly or taken outside the home.
It’s worth noting that insurance does not cover the purchase process itself. Any loss or damage occurring before the policy start date would not be covered.
- Can you arrange cover for bespoke and vintage rings?
Bespoke, antique and vintage engagement rings can usually be insured, but they may require more detailed valuations and supporting documentation.
Because replacement may not be straightforward, claims may be handled on a more individual basis. Accurate records and valuations are particularly important for these types of rings.
- Is engagement ring insurance worth considering?
A dedicated engagement ring insurance policy is often considered where the ring exceeds typical home insurance limits, is worn every day, is taken abroad, or where accidental loss is a concern.
Whether engagement ring insurance is right for you will depend on your own personal circumstances and the policy terms.
- Can an engagement ring be insured if it was a gift?
Yes, Engagement ring insurance can usually be arranged for gifted rings. You should make sure that a suitable valuation or purchase documentation is available as this will assist if you ever need to make a claim.
- Does engagement ring insurance apply outside the UK?
Our policies include worldwide cover, you can make unlimited trips abroad for business or pleasure subject to the policy terms. We have no country restrictions. No one trip can exceed sixty days.
- How do I get an engagement ring insurance quote?
To obtain an engagement ring insurance quote, we will ask you to supply some basic details. If you want to buy a policy from us, there are a small number of questions to answer. This can usually be carried out online. In some cases, we may need a photo of the item or to have a telephone conversation with you. If you would prefer to speak to us, our team will be happy to assist.
Providing accurate information at the quotation stage is essential before you purchase a policy. If you buy a policy and have answered questions incorrectly, this may affect your cover and any claim.
- Do you insure bicycles used for business?
Unfortunately, we are unable to insure bicycles used for business purposes. This would include for example, Bicycles used for food delivery.
- Do you cover unmounted precious stones?
Unfortunately, we do not cover loose precious stones. We only provide insurance for precious stones when they are mounted in an item of jewellery.
- Who are Assetsure?
Assetsure is a UK-based insurance provider, authorised and regulated by the Financial Conduct Authority. We are also proud members of the British Insurance Brokers Association. We also have LLoyd's of London coverholder status.
- How much does Diamond Ring insurance cost?
You can find out how much your Diamond Ring Insurance will be today by completing our online quotation form.
- How to get a ring valued for insurance?
In order to ensure you receive a ring insurance policy that covers the value of your item, it is important you understand the true value of it by getting your ring valued. At Assetsure, for our own Jewellery Insurance policy, we do not insist that valuations are signed by a National Association of Jewellers registered valuer. We can put you in touch with companies that provide online jewellery valuations which will be suitable if you want to buy a policy from Assetsure.
- Do you cover all types of ring?
Yes, our insurance policies for rings are very flexible. Not only will we insure diamond rings, we will also insure other type of rings, which include, engagement rings, wedding rings, diamond rings, sovereign rings, signet rings and more. Complete the online quote or contact us to receive your quote.
- Specialist watch insurance compared to home Insurance
If you own a Rolex you can insure it in a variety of ways, the two most common are by including it under your home insurance or taking out a specialist policy such as that offered by Assetsure.
If you do choose to insure it under your home policy and require cover for loss or damage away from the home, you will probably need to make sure your insurer has included the item under the separate all risks section of the policy. Without this section being operative, you may not receive the cover you require.
Specialist watch insurance gives you the opportunity to insure your most valuable watch items without attaching it to your property insurance, a claim could result in you losing your valuable no claims discount.
Securing specialist watch insurance like Rolex insurance would ensure the true value of the watch is protected if anything ever happened to the item. To obtain this protection though you must insure it for an accurate replacement cost.
At Assetsure, we ensure your watch is protected against accidental loss, damage, theft and worldwide cover. So consider, Rolex insurance with us today.
- What will your Rolex insurance cover?
Our Rolex insurance covers you against:
- Accidental Loss
- Accidental Damage
- Theft
- Worldwide Cover
This ensures you are covered across an array of possibilities even when you take the item out of the UK. We allow unlimited trips abroad to be made with no one trip to exceed 60 days in duration.
- Rolex valuations
Before insuring your Rolex with us, we recommend carrying out a Rolex valuation to ensure we accurately cover the monetary value of your watch. The cost of your Rolex replacement sum insured will affect your insurance quote, so it is important we receive accurate valuation documents to insure we can cover your item fully.
Assetsure are able to recommend online valuation companies who can value your Rolex online, so we can give you an accurate quote online.
- Does Assetsure provide single item jewellery insurance?
Assetsure offers single item insurance for all types of valuables. You don't need to insure your entire home with us to get coverage. Whether you have a single item or a collection of jewellery, we can likely provide the insurance you need.
- Are jewellery valuations important for insuring jewellery?
Valuations are extremely important for insuring jewellery as declaring the wrong valuation can mean you are under insured. If you have under insured on your quote and you wanted to claim against your policy, you may find you are not fully covered for the correct amount losing out. It’s thus important you ensure you carry out a valuation for your jewellery. We have trusted valuation jewellers we can recommend for you to get accurate valuations on your items.
- How do I get a jewellery insurance quote?
Getting a jewellery insurance quote with Assetsure is very simple. You can complete our online quote form online, whereby your insurance policy can be ready during the same day. We will then ensure you receive all your policy documents instantly to your mailbox.
- What does jewellery insurance cover?
Our insurance covers an array of items including diamond engagement rings, luxury watches, wedding rings, earrings, pendants and more. Please contact us if you want to find out if we can cover your item.
Our jewellery insurance will ensure you are covered from:
- Worldwide Risks
- No limit on trips abroad (up to 60 days for any one trip)
- Loss with no excess to pay
- Damage, theft or accidental loss
- Robbery or physical loss
- How to get jewellery valued for insurance?
Valuations are usually provided with new jewellery and it’s important that you seek advice every two years to seek an update on your item valuation.
We also understand items of sentimental value cannot be replaced however having an accurate valuation of an item will ensure if the item ever did get lost or damaged then you are covered through monetary value.
Assetsure are able to provide access to trusted valuation jewellers if required to ensure you can get an accurate quote on the value of your item. Please contact us if you require us to introduce you to a jeweller that will be able to provide a valuation to ensure your item can be fully covered with an adequate sum insured to ensure replacement in the event of loss.
- Does ring insurance cover loss?
Assetsure’s ring insurance covers accidental loss, protecting your ring against life’s accidental periods. We also ensure your ring is protected against:
- Accidental Damage
- Theft
- Loss of Stone
- Worldwide Cover (providing no one trip is over 60 days in duration)
