23 Dec Popping the Question During the Holidays
Are you getting ready to pop the question? If so, we, at Sava, want to be one of the first to send you our sincerest congratulations! This is such an exciting time for you and your loved one, and we wish you all the best.
The holidays are such a crazy time of the year, and they are made all the more special when you have the opportunity to share these special life moments with your loved ones. There’s so much for you to think about right now… “What’s the perfect ring?” “When will I get down on one knee?” “Where will I hide the ring beforehand?” “How will I pay for this beautiful ring?” Not to mention all the other concerns you have this time of the year!
Here at Sava, we have a few things that you’ll probably want to call us about either before or after your engagement.
Insure the Ring
Hang onto your receipts and give your Sava agent a call to discuss what your options are for insurance as well as who should take out the insurance. We can discuss the options in more detail over the phone, but here’s a brief rundown.
If you’re planning on holding onto the ring for a little while before you propose, we would suggest that you give us a call to get insurance for the ring on your policy. Because you are still the current owner of the ring, you would cover it on your policy. Once you’ve proposed, your fiance is now the owner of the ring. They would need to switch the coverage of the ring to their policy.
If you’re still not sure who should get insurance for the ring or if you and your fiance are both on a homeowner’s, renter’s, or condominium policy we can discuss how the insurance would work in those cases.
Once you’re ready to insure the ring, we have to consider what coverage you will need. We can discuss the specific details of your individual policy with you, but there are some things you should know ahead of time.
- Some policies will have a limit on how much they will pay you for specific pieces of personal property. Often, this limit is between $1,000-$2,000, and many engagement rings will exceed this amount.
- You can schedule personal property in order to help reimburse you for the appraised value of these items.
Check for Discounts
In general, married couples tend to save more money on their insurance than unmarried couples would. That’s because many policies offer discounts to married couples. When you get engaged, we can get a jump start on potentially saving you money.
Give our office a call and let us know that you’re engaged. We can see if your current policy offers a discount once you’re married, and we can also compare other policies with potential discounts in mind to find you the best policy. If we find a discount, we can start saving you and your loved one money as soon as possible, and there’s nothing better than starting your married life by finding ways to save money!
Insure the Wedding
We know you only just got engaged, and now we’re talking about discounts for married couples and the wedding day, but trust us, time will fly by! It will feel like you blinked and now you’re standing at the altar with the one you love most. You’ll be so caught up in the wedding planning that you won’t realize how quickly your big day is approaching.
Despite all of your careful planning, we can almost guarantee that not everything will go to plan. There’s so much that we can’t plan for or that you would never consider ahead of time. For that reason, we would suggest giving our office a call before you begin the planning process. Wedding Insurance may not cover everything, but it can cover more than you’d probably expect! For more information on Wedding Insurance and why you may want it, check out our Wedding Insurance Blog.
We are so glad that you’ve found the one for you, and we would like to extend our congratulations to you! This all can be a whirlwind of emotion for you, so if there’s anything we can do for you or questions we can answer, don’t hesitate to give us a call at 860-437-7282, today!