The moment that engagement ring slides onto your finger, you’ll find yourself beaming with joy and radiating with pure and utter excitement over the beauty of your newest, and perhaps even, your most expensive piece of jewelry. Your engagement ring is timeless and something you may decide to wear everyday for the rest of your life. Or it may be something you wear only on special occasions and store away in a safe place the rest of the time. Either way, making sure your ring is insured is something to add to your wedding to-do list, so that just in case something happens to your ring, you’ll be covered. So before you start shopping for the right engagement ring insurance plan, here are four things you should know.

1. Check Out the Details Beforehand

Look over the engagement ring insurance policy closely and read any and all fine print. See if they exclude any situations (like theft or accidentally throwing it in the garbage) or if they have a term in there that only covers your ring for a certain amount of time. Before signing on the dotted line, make sure you fully understand the plan in front of you.

2. Compare Different Insurance Plans

Many different companies offer plans, so before picking one, make sure you review a couple of options and pick the right one. You may spend a couple extra dollars on a plan because it includes more than another. Either way, pick a plan that’s best for your budget and your future.

3. Ask What If Questions

Pick the brain of the insurance sales person and ask any questions that you have or run them through hypothetical situations. Ask them what kind of proof you would need to show that the ring vanished or how much they will cover the ring if It’s lost or stolen.

4. Know Where to Start

Before you shop around, the first thing you’ll need to do is go and get your ring appraised. Once you’ve done and have a receipt for your ring, you can then go and begin the ring insurance process!