Ashlee
Beginner July 2020

Ring protection plan

Ashlee, on November 27, 2019 at 10:27 AM Posted in Wedding Attire 0 23
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Has anybody taken out a protection plan on their ER, specifically from Zales? Mine was around $2k. Zales offers the lifetime protection for repairs for $189 total. I’ve been reading on here & see a lot of folks take out insurance policies which is anywhere from $100-500 a year. That doesn’t seem to be the right fit for me seeing as how my ring was $2k, costs vs benefit just doesn’t add up for me on that type of policy. Just wondering if the Zales protection plan is worth it??

23 Comments

Latest activity by Dell, on January 19, 2021 at 2:30 AM
  • Ashlee
    Beginner July 2020
    Ashlee ·
    • Flag
    Maybe I should be more specific. My experience with any protection plan has been that the company will find any way possible to not honor their end of the deal. If Zales will actually do repairs, dips, etc as needed as long as I keep up my inspections- I totally think it is worth it. But I’m very accustomed to the company weaseling their way out of doing what the plan promised.
    • Reply
  • Samantha
    Savvy September 2020
    Samantha ·
    • Flag

    As someone who just lost their ring yesterday. I highly suggest taking insurance out on it. I didn't have it on mine and now my Fiance must buy me a whole new ring. It's worth it. The quote I got from Jewlers Mutual was only $30 a year for a ring worth $2500. It more than pays for itself if anything were to happen and there's no deductible.

    • Reply
  • Michelle
    Super October 2020
    Michelle ·
    • Flag
    I had my ring insured through State Farm, it covers loss, theft, and damage at no deductible for around $100 a year.
    • Reply
  • Michelle
    Super October 2020
    Michelle ·
    • Flag
    Cost depends on type of coverage and how much your ring is worth.
    • Reply
  • Gen
    Champion June 2019
    Gen ·
    • Flag
    The protection plan will protect if it gets damaged but insurance will protect it if it gets lost or stolen. I highly recommend getting insurance! The first week I had my ring when it was uninsured, I was so beyond anxious that something was going to happen to it lol. Now that it’s insured I feel like I can just enjoy wearing it without stressing about it. I’d look into getting a better rate... we pay $18 per month in insurance and that covers my engagement ring (valued at $4k), plus my $450 wedding band, plus my husband’s $850 wedding band, PLUS our renter’s insurance.
    • Reply
  • Jodie
    Expert August 2020
    Jodie ·
    • Flag

    We pay $25/year on a policy for my e-ring, my band, and his band. Loss, theft, damage, missing stones, etc is all covered with no deductible. Basically the only thing not covered is normal wear and tear.

    • Reply
  • Ashlee
    Beginner July 2020
    Ashlee ·
    • Flag
    Thanks for the input! Based on this, I’ve already filed for insurance though J Mutual. Still wondering if the Zales protection plan is worth it.
    • Reply
  • A
    Super February 2020
    Andrea ·
    • Flag
    We have StateFarm insurance, and it was incredibly less compared to JM. It even covers the same as JM in regards to theft, mysterious disappearance, prongs replacement, diamond replacement, etc. JM was going to charge me $400/month while SF is charging $200/month.
    • Reply
  • Erika
    Devoted August 2021
    Erika ·
    • Flag
    View Quoted Comment
    What company did you sign up with?
    • Reply
  • Ashlee
    Beginner July 2020
    Ashlee ·
    • Flag
    View Quoted Comment
    I signed up with Jeweler’s Mutual.
    • Reply
  • Sara
    Expert February 2020
    Sara ·
    • Flag
    View Quoted Comment
    This is what I have as well. $30 a year to cover the appraisal value of my engagement ring.
    • Reply
  • Ashlee
    Beginner July 2020
    Ashlee ·
    • Flag
    View Quoted Comment
    Yep. Mine was $25. So definitely reasonable.
    • Reply
  • Aimee
    Super July 2021
    Aimee ·
    • Flag

    I got one for Kay's for $150

    • Reply
  • Ashlee
    Beginner July 2020
    Ashlee ·
    • Flag
    View Quoted Comment
    A protection plan? Have you had to use it? I’m just wondering how hard it is to get the jeweler to honor the repairs, etc.
    • Reply
  • I
    Expert August 2021
    Ingrid ·
    • Flag
    I would be skeptical with a store protection plan. . .they usually have very strict rules and if you miss one check on their schedule the plan could be voided. I would stick with your home owners or renters insurance policy. Really shouldn't be much more to cover your jewelry
    • Reply
  • Kathryn
    VIP August 2020
    Kathryn ·
    • Flag
    I will say, I've been impressed with Zales so far. We had my ring resized for free, and it was redipped without any hassle. Honestly, I'm sure it depends on the store with how much work you'll have to put into getting them to honor things. Ours has gone above and beyond, even promising another resizing with my band.
    • Reply
  • Alejandra
    Super November 2021
    Alejandra ·
    • Flag
    The protection plan that we bought for my ring from Zales covers if a diamond falls out of my ring and resizing, as well as a cleaning every 6 months. I think it’s worth it. Resizing it after purchase was about $50-75 so given that the warranty is for the lifetime of the ring it seemed a good investment.
    • Reply
  • Aimee
    Super July 2021
    Aimee ·
    • Flag
    View Quoted Comment
    I plan to go for the 6 month cleanings and will try to document everything properly in case anything goes awry.
    • Reply
  • Laura
    Beginner October 2020
    Laura ·
    • Flag
    I got lucky with my insurance for my ring. We had mine custom made at Chalmers in Madison Wi and my insurance for literally any crazy thing cost me $32 a year. I could completely lose the ring, have it stolen, destroyed in a random lightning strike (actual thing that happened to someone) and they wouldn't charge me a single thing besides that $32 a year.
    • Reply
  • W
    Super September 2020
    Willow ·
    • Flag
    Use Jewelers Mutual or your homeowners insurance. If your Zales changes management (such stores seem to have high turnover), you could be SOL. A ring should not be resized multiple times, I am surprised they offered.
    • Reply

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