Insuring your precious items: The importance of an up-to-date jewellery and watch valuation.
Published: 5th February 2020
There are many reasons why it is important to get your precious items valued. These can be insurance purposes, probate, family division or to find out the resale value of your item.
Most people are under the impression that home contents insurance covers all their belongings and they will be replaced if they are damaged or stolen. However, this is not always the case; insurance companies impose a ‘single item limit’ for items that are not specified, which is typically between £1500-£2500 and this means you may be out of pocket if the full value of your precious items fall beyond that limit.
All policies are different, so it is important you check yours and also ensure that it covers you for items removed from the home if you need this cover.
To be fully insured, it is important to check your single item limit on your policy and get your jewellery items listed individually on your contents insurance policy if they need to be. This will safeguard you if you are in the unfortunate situation where you need to make a claim following loss, damage or theft.
An up-to-date valuation is paramount in ensuring a claim can be settled accurately.
Sheffield Assay Office are teaming up with SafeGuard Valuations, on 19th March 2020 to host a Valuation Event Day. Those interested will have an opportunity to have a one to one consultation with a valuer with prices starting from just £70. Following the consultation, a full valuation report containing a photograph and detailed description of your items will be posted out to you following the event.
If you are interested in booking an appointment, please contact Kelly on 0121 794 1320 or email firstname.lastname@example.org.
The Sheffield Assay Office was established in 1773, under an Act of Parliament and today the company assays and hallmarks the precious metals - silver, gold, platinum and palladium. Sheffield Assay Office is one of only four UK assay offices who all work to uphold the Hallmarking Act of 1973 and continue to ensure consumer protection for customers purchasing precious metals.
To find out more about the whole range of services offered by Sheffield Assay Office, such as our hallmarking and analytical services, please email us at email@example.com or complete the contact form on our website at http://www.assayoffice.co.uk/contact-us,