Kim Kardashian's Rock Will Cost $30K Each Year To Insure!
![//kim k getty](https://media.radaronline.com/brand-img/8t6mnPWql/480x251/2011/05/kim-k-getty.jpg?position=top 480w, https://media.radaronline.com/brand-img/8t6mnPWql/640x335/2011/05/kim-k-getty.jpg?position=top 640w, https://media.radaronline.com/brand-img/8t6mnPWql/768x402/2011/05/kim-k-getty.jpg?position=top 768w, https://media.radaronline.com/brand-img/8t6mnPWql/1024x536/2011/05/kim-k-getty.jpg?position=top 1024w, https://media.radaronline.com/brand-img/8t6mnPWql/1280x670/2011/05/kim-k-getty.jpg?position=top 1280w, https://media.radaronline.com/brand-img/8t6mnPWql/1440x753/2011/05/kim-k-getty.jpg?position=top 1440w, https://media.radaronline.com/brand-img/8t6mnPWql/1600x837/2011/05/kim-k-getty.jpg?position=top 1600w, https://media.radaronline.com/brand-img/8t6mnPWql/2160x1130/2011/05/kim-k-getty.jpg?position=top 2160w)
May 26 2011, Published 1:50 p.m. ET
RadarOnline.com 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?
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.
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!
- BREAKING: Joe Biden Set To Withdraw From Race This Weekend – But Will NOT Endorse Kamala Harris, D.C. Insider Claims
- BOB NEWHART DEAD AT 94: Legendary Actor and Comedian Known for Stone-Faced Delivery Passed Away at Home
- Sad End: Shannen Doherty Received Salvador Dali Painting, Malibu Mansion and ‛Charmed’ Money in Day-Before-Death Split Settlement
RELATED STORIES: