Buying Insurance On A Diamond
Insuring your diamond is not quite like insuring other items that you own, but as when shopping for auto or home owners insurance, shop around and compare.
Diamond insurance may also vary depending on where you live.
Three types of diamond insurance:
1. Actual cash value policy for diamonds
This type of policy will replace your diamond at the current market value, despite what you may have paid for your diamond at the time of purchase. Needless to say, this type of policy for insuring diamonds is rare.
2. Agreed value policy for diamonds

