We define a valuable as follows:
- Jewellery (including costume jewellery)
- Articles of or containing gold, silver or other precious metals
- Cameras (which includes video cameras and camcorders)
- Paintings and other works of art
- Collections of stamps, coins and medals
If you were to make a claim for a valuable worth more than £2,500, the insurer has the right to request proof of its value from you prior to paying the claim.
As standard, you have cover for a third of your contents for valuables. For example, if you’ve requested a contents sum insured of £30,000 you will be covered up to £10,000 for valuables.
If you wear the valuable, such as a wedding ring, you’ll need to have cover for personal possessions. You can add this to your policy via your policy portal.
Keywords: home insurance, possessions, belongings, personal, valuable, contents