Question: how much does it cost to get a diamond ring insured?
Answer: The general rule for insuring wedding and engagement rings is $1 to $2 for every $100 of value, paid annually. A $5,855 ring, for example, would cost around $59 to $118 per year to insure. If you live in a city where the risk of theft is higher, you can expect to pay a bit more for your coverage.