Will Homeowners Insurance Cover Engagement Ring? 
Most home insurance policies provide minimal coverage for items such as jewelry ; but it is minimal coverage and your deductible will apply . However , most home insurance companies allow these types of items to be scheduled on the policy . Scheduling allows you to select the amount of insurance for each item scheduled ; and it also usually allows for broader coverage and in some cases there is no deductible . Insurance is different in every state and every policy is different . For starters , make sure to review with your professional insurance agent to select the right policy , and then review to see if scheduling any items is beneficial to your situation . 