Will renters insurance cover my wedding ring, which vanished mysteriously?

"I put my wedding ring by my bathroom sink. Then it disappeared — I don't know if it went down the drain or if someone took it or what. Will my renters insurance cover the ring, even though I can't confirm the cause of loss?"

Answer
“This type of loss is called a “mysterious disappearance.”” Some insurance companies cover mysterious disappearance, others don’t, so you will want to confirm whether it is included in your renters policy.
Furthermore, most renters insurance policies have a limit on the amount they will pay out if jewelry is stolen or lost. In order to make sure that your jewelry is fully covered, you would need a separate policy designed for valuable items called a “personal article floater.” This would provide added coverage on top of what is already provided by your insurance plan.
If the ring has a high value, the insurance company may require an appraisal to be on file or proof at the time of loss before extending coverage.”
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Savannah Grabek
Answered on Jun 16, 2021
Savannah Grabek is an expert in Personal Lines insurance. She has 5 years experience in the insurance industry. Savannah began her carrier working with just property insurance and is now tenured in all personal line including home, auto, motorcycle, boat and umbrella. She previously worked for GEICO and has now been working with Jerry insurance for the past year. Savannah lives in New York with her son, fiancé, and puppy Bear. In her free time she enjoys spending quality time with her family and hiking with her dog.
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