Americans spent a record-breaking $20 billion on Valentine’s Day in 2020. This year, even in the wake of a pandemic, retail experts predict
Valentine’s retail sales numbers around $27 billion! More specifically, Americans will buy anywhere from $5 to $10 billion in diamonds this year. That’s a lot of bling!
At Vargas & Vargas Insurance
, we know our customers wonder if jewelry should be insured. Like everything else related to insurance, the answer is: it’s complicated. If you think you should insure your diamonds, we recommend speaking to an agent about your unique needs.