Most homeowners insurance
policies cap their jewelry well below the value of your engagement ring. In this case, it's not about raising the value of your personal property but rather getting specific coverage for your ring. Most insurance companies offer endorsements for items like jewelry, fine arts, or specialty equipment. A jewelry endorsement (also called a jewelry floater) raises the limit on an item to ensure you are properly covered for your more expensive items. Speak with your insurance company for specific policy details.