A Journey Through Time: The 2000s

Join us in celebrating Holt's 75th anniversary as we take a nostalgic journey through the decades that have shaped our industry. This week, we focus on the exciting 2000s, a period marked by the dawn...
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As much as we don't like to think about it, home burglaries happen, and they can be traumatic experiences. Not only that, but they can be incredibly expensive as well – an average residential burglary in the UK can cost up to £3,030. In addition to these monetary costs, many people also end up losing their precious jewellery during their holidays, which can be devastating.
Here are five reasons:
This is where jewellery insurance valuation comes in. Getting your jewellery valued for insurance is an important step in protecting these valuable items and ensuring that you are properly compensated in the event of an accident.
Essentially, a valuation report is a document that provides an estimated value for your jewellery. This value takes into account a number of factors, such as the type of metal and gemstones used or the details of the diamond, and the current market value. This report is then used by insurance companies to determine the appropriate level of coverage for your jewellery.
We offer a complimentary insurance valuation with every purchase on our website above £2000 and certified by a qualified Valuer with National Association of Jewellers. You can always bring your own jewellery to us for valuing, prices starting from £160.
After the valuation, you will receive a detailed valuation report. This report should include a description of the jewellery, including photos. Other details such as metal type, gemstone quality, and weight will also be listed. The report will also provide the current market value of the piece, which can be used to have it insured.
After obtaining jewellery insurance, there are a few key steps to take. First and foremost, make sure to keep your insurance file safe and separate from your actual jewellery. We provide a digital version, and if requested, we can also provide a physical copy for added security.
In addition, it's crucial to understand that jewellery valuations should be updated every 2 to 5 years. Or after significant events such as a remodel, restoration, or gemstone replacement. This ensures that the value of your pieces remains current and accurate, particularly if metal or gemstone prices have significantly fluctuated. To encourage regular updates, we offer a special discount for updating your valuations.
Apart from a house of qualified diamond and gemstone experts, we have trusted relationships with leading Jewellery insurers spanning many years.
In conclusion, jewellery insurance valuation is an essential component of full jewellery insurance coverage. It ensures that your coverage is up-to-date and accurate while giving you peace of mind in knowing that your precious pieces are well-protected. By updating your valuations regularly, you can ensure that your coverage remains adequate and that you receive proper compensation in the event of a loss or damage. Contact us today to make sure your jewellery are safe and protected.
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