I just noticed that everything we have purchased like furniture, appliances needs to have an insurance. When I bought our couch they asked me if I would buy an insurance for the couch but at that time I refused. I did not think that it was necessary to have it if I knew then I might buy insurance for our couch. I think it is a good idea to insured the expensive things that we buy. Like an engagement ring, we all know how expensive the ring is so to get engagement ring insurance is a good idea. Just in case something happens and the ring is lost. When you have insurance for the ring there is no need to worry if there is a problem.