An engagement ring is more than just a piece of jewellery; it’s a symbol of love, commitment, and the promise of a lifetime together. While the emotional value of an engagement ring is immeasurable, it’s essential to consider the financial commitment that comes with owning and maintaining such a precious keepsake. From routine maintenance to insurance coverage, the cost of maintaining an engagement ring can vary depending on factors such as the type of metal, gemstone, and setting. In this article, we delve into the various expenses associated with maintaining an engagement ring and provide tips for managing these costs effectively.

Routine Cleaning and Maintenance

Like any piece of jewellery, an engagement ring requires regular cleaning and maintenance to keep it looking its best. Depending on the design and complexity of the setting, professional cleaning may be recommended every six months to a year to remove dirt, oils, and other impurities that can dull the sparkle of the gemstone. While some jewellery stores, such as Jogia Diamonds, offer complimentary cleaning services, others may charge a fee for this service.

Prong Re-tipping and Repairs

Over time, the prongs that hold the centre stone in place may become worn or damaged, increasing the risk of the gemstone becoming loose or falling out. Periodic prong re-tipping or repairs by a skilled jeweller can help ensure the structural integrity of the ring and prevent potential loss or damage to the precious gemstone. Depending on the extent of the repair work required, the cost can vary significantly.


Changes in weight, temperature, and hormonal fluctuations can cause fluctuations in finger size, necessitating resizing of the engagement ring. Whether it’s due to weight loss, weight gain, or pregnancy, resizing the ring to ensure a comfortable and secure fit is essential. While some jewellers offer complimentary resizing services within a certain timeframe of purchase, others may charge a fee based on the complexity of the resizing process and the type of metal used in the ring.

Insurance Coverage

Protecting your investment with comprehensive insurance coverage is crucial to safeguarding against loss, theft, or damage to the engagement ring. While some homeowners’ or renters’ insurance policies may provide limited coverage for jewellery, it’s advisable to obtain specialized jewellery insurance to ensure adequate protection. The cost of jewellery insurance can vary depending on factors such as the appraised value of the ring, the deductible amount, and the insurer’s coverage options.

Gemstone Replacement

In the unfortunate event of a lost or damaged gemstone, replacing the centre stone or accent stones can be a significant expense. Depending on the rarity and quality of the gemstone, as well as the intricacy of the setting, the cost of replacement can vary considerably. To mitigate the risk of loss or damage, it’s essential to have the ring inspected regularly by a qualified jeweller and take proactive measures to address any issues promptly.

Upgrades and Enhancements

As your relationship evolves and milestones are celebrated, you may choose to upgrade or enhance your engagement ring to reflect your continued commitment and love. Whether it’s upgrading to a larger diamond, changing the setting, or adding additional accent stones, these enhancements can incur additional costs. Before making any changes to the ring, it’s essential to consult with a reputable jeweller to assess the feasibility and cost of the proposed modifications.

In conclusion, while the emotional significance of an engagement ring is priceless, it’s essential to be aware of the ongoing costs associated with owning and maintaining such a precious heirloom. By budgeting for routine maintenance, investing in insurance coverage, and taking proactive measures to protect and preserve the ring, you can ensure that your symbol of love remains as radiant and beautiful as the day it was first slipped onto your partner’s finger.