Jewellery Valutions
When it comes to protecting your valuable jewellery, having an accurate insurance valuation is essential. A valuation is a written document which provides a complete description and verification of what the jewellery actually is. It confirms to your insurance company the 'existence' of the jewellery, and gives an up-to-date determination of its correct ‘value’ for a particular purpose.
Why do you need an insurance valuation for your jewellery?
Many insurers will insist that any items that are over a certain value are individually listed on your insurance. As the value of jewellery can fluctuate over time due to factors such as changes in the market, inflation, and the rarity of certain gemstones or metals, it is important to keep this valuation up-to-date.
Without an up-to-date valuation, you run the risk of being under insured in the event of loss or theft. Insurance companies suggest getting your pieces valued every 2-3 years to keep up with the changing market value.
How do our valuations work?
Our insurance valuations are conducted on-site with the utmost care and attention to detail. We carefully clean and examine each piece of jewellery, taking into account factors such as the quality of the gemstones, the craftsmanship of the setting, and the overall condition of the item. We also consider any relevant documentation or certificates that may affect the value of the jewellery.
Once we have completed the valuation process, we provide you with a comprehensive report that includes all the necessary information for insurance purposes. This report will detail the description, measurements, and photographs of each item, as well as the current market value. With this detailed documentation, you can confidently insure your jewellery and ensure that you will be properly compensated in the event of any unforeseen circumstances.
We charge a standard price of £50 per item.
Our insurance valuations include:
- 2 x printed documents for your record.
- Colour images of each piece
- A detailed description of each individual item.
- Insurance replacement values