Aloha Community,
I am looking to buy a lab-made diamond (I know this thread is for real diamonds but my question is about insurance) and ring from Yadav Jewelry for 9300$, When I am completing my purchase they offer an "Extended service plan" for 400$ which includes annual cleaning, inspection, repairs, and shipping for ONLY 3 years. I asked them if I could extend my service plan after the 3 years but they said that is a "Maybe." I am not sure if this is worth buying (I live in Hawaii).
Secondly after reading many threads I see a lot of people use Jewelers Mutual for their insurance and I see for 100$ a year they will cover lost and damage Jewelry. Considering that Yadav's plan does not cover "Lost" should I skip their plan and just pay for Jewelers Mutual. I understand I will have to find a local Jewelry to clean my ring. On that note does anyone know what it costs for a jeweler to clean a ring that was not produced by them on average?
Thank you for your time.
I am looking to buy a lab-made diamond (I know this thread is for real diamonds but my question is about insurance) and ring from Yadav Jewelry for 9300$, When I am completing my purchase they offer an "Extended service plan" for 400$ which includes annual cleaning, inspection, repairs, and shipping for ONLY 3 years. I asked them if I could extend my service plan after the 3 years but they said that is a "Maybe." I am not sure if this is worth buying (I live in Hawaii).
Secondly after reading many threads I see a lot of people use Jewelers Mutual for their insurance and I see for 100$ a year they will cover lost and damage Jewelry. Considering that Yadav's plan does not cover "Lost" should I skip their plan and just pay for Jewelers Mutual. I understand I will have to find a local Jewelry to clean my ring. On that note does anyone know what it costs for a jeweler to clean a ring that was not produced by them on average?
Thank you for your time.