What is a valuable?

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)
  • Binoculars
  • Watches
  • Furs
  • 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

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