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When purchasing diamond insurance, many insurance brokers will direct you towards a Replacement Value policy which will give you the amount needed to replace your diamond should it be stolen. Yet, it might be in your best interest to look into an Actual Cash Value policy instead. The policy will pay out the current value of the diamond, so, if it appraises higher than what was paid for it, you still get what the diamond is actually worth in the current market.

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Q: Carefully Consider Your Options Before Buying Diamond Insurance?
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