Does Renters Insurance Cover An Engagement Ring? 
A Renters Insurance policy , much like a Homeowners , is designed for broad coverage over more standard personal property . The best way to protect valuables , like an engagement ring , is to `` schedule '' it specifically either as a rider on the Renters Policy , or on it 's own . Bydoing this , you will be covering the piecemuch more completely . You will need to provide your insurance professional with an appraisalwhichincludes both a detailed description of the ring , setting and stone -LRB- s -RRB- along with the stated complete value . 