Planning on getting engaged Check youre covered!

As Valentine's Day approaches perhaps you're planning to shower your loved one with indulgent presents. Some romantic types might even be preparing to pop the question, and a sparkly engagement ring usually helps engender the desired response.But, without dampening the flames of passion, there are practical considerations to Air Swimmers be aware of when splashing out on expensive jewellery.Imagine if the ring was stolen, either before you have the chance to ask for your beloved's hand in marriage, or worse, after she's accepted.With the average engagement ring costing one month's salary' rule of thumb, you'd want to know that you could at least afford to replace it.But can you be sure your home contents insurance would cover it?Get it listedMost policies demand that you specify high value items separately and this can apply to anything Air Swimmers over 1,000. Call your insurance provider to check. They might be able to increase your cover there and then, but it's likely your premium will increase. If so, shop around for a better deal.If the ring is particularly expensive it may not be covered even under 2,000 is typical.If you have really splashed out, you might have to arrange separate insurance. Your jeweller may be able to help but the cover could be very expensive, so always check with other specialist insurers. It is worth comparing what's on offer from standard insurers too - Hiscox for example covers high value items up to 12,000.Home and awayAssuming the ring is going to be worn and not kept in a drawer you will probably need to insure it away from home too. This means you will have to list it on the personal possessions' section of your home insurance policy, which covers all items taken out of the property, such as your camera.Many policies offer a standard level of personal possessions cover, which you may need to increase. Again, there will be limits and your premium could rise, so be prepared to shop around.If you're planning to get down on one knee on holiday don't assume the ring will be covered on your travel insurance - chances are it won't. Travel policies usually have relatively low limits for single items so try your home contents provider before you travel.Don't under-insureEven if you don't Air Swimmers need to list the ring as a separate item, you should still make sure you are not under-insured on your home contents.If you are, you could fall foul of some providers' averaging rules which will leave you out of pocket. For example, if you have contents cover for 40,000 you might only get any claim paid back in the same proportion - 75%.So when you purchase new items, be it a piece of jewellery or anything else, it's a good idea to check you have sufficient total cover, or get into the habit of checking annually. Some providers get around the problem of under-insurance by offering unlimited cover, though it is always worth checking if cheaper home contents deals are available.Always keep your receipts and if you are uncertain what a ring is worth - perhaps if it's antique - get it professionally valued as soon as possible. It's also a good idea to photograph it for your records. Remember, the same rules apply to any expensive items you buy, not just jewellery. If you are treating your partner this Valentine 's Day, and want the path of true love to run smooth, check you are covered.