Kim Kardashian's Rock Will Cost $30K Each Year To Insure!
Posted on May 26, 2011 @ 10:50AM
By Leah Ornstein
Radar Style & Beauty Editor
Kim Kardashian revealed her gigantic, 20.5 carat engagement ring on Wednesday, which is said to be worth well over $2 million dollars-- half the value of her mansion! So just how much money does it take to insure such a valuable piece of property?
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RadarOnline.com spoke to Patricia K. Low, President and CEO of jewelry insurance company Jewelers UnBLOCKed who gave us a staggering quote!
"With over 20.5 carats of diamonds and set in platinum, the approximate cost to insure the ring could be upwards of $30,000 per year,” revealed the expert.
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Just to put it in perspective, according to a survey done by TheKnot.com and WeddingChannel.com the average cost of an engagement ring in 2010 was $5,292 -- so that means Kim’s yearly insurance on her Lorraine Schwartz bling is six times the cost of the average ring!
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The Daily Juice
What a great looking couple. Good luck to them. Glad that Kim is finally settling down.
Posted Thu, 05/26/2011 - 3:15pm
After the divorce, she can sell that huge rock. The money will come in handy for buying her slutty looking outfits, pounds of thick clown makeup and trips to the tanning salon.
And then..........she'll move on to the next football player.
Posted Thu, 05/26/2011 - 2:52pm
Ridiculous - first of all, how long do you think this marriage will last and why not give that money to a charity
that can really use it with all of the things happening in the world right now and so many people
unemployed!!
Posted Thu, 05/26/2011 - 2:03pm
you mark my words.This moron is asking for a crime scene.And I would bet ANYTHING that she is going to find what she is seeking.
Posted Thu, 05/26/2011 - 1:56pm
This is so laughable. I cant WAIT for the thief to find her and just chop off her hand with an axe to grab that ring.This woman is stupid beyond words.
Posted Thu, 05/26/2011 - 1:50pm
This is absurd. It absolutely sickens me to the core!! There is so much poverty in this country and in this world and she's going to walk around with over $2 million dollars on her finger, just for show?? She should be ashamed.
Posted Thu, 05/26/2011 - 1:41pm