Does Renters Insurance Cover Engagement Rings? 
Jewelry should be covered by your Renter 's Insurance , but would be subject to internal limits in the policy -LRB- often somewhere around $ 1,000 or $ 1,500 per item -RRB- . The best thing to do is to take an appraisal to your insurace agent and ask them to add specific coverage for that item . When they list it on the policy -LRB- also called inland marine in the insurance world -RRB- you will pay some more premium but will get expanded coverage on the listed item beyond the normal policy limits . This is not expensive to do and often adds coverage for things like mysterious disappearance . 