Jewellery is an easy target for home break ins. You may be insured for jewellery items under $1000 on home contents, but you will probably need to check that with your insurance company.
All you need to do is contact your insurer and check whether you need to specify your jewellery items on your Home and Contents policy. Home and Contents insurance generally is limited to what you can claim for with jewellery items and this may be of concern, and sometimes insurance coverage is only for inside Australia. Should you wish to wear your rings on honeymoon then that could be of concern.
It is important to get an insurance valuation, because if you have had a robbery, then you put in a claim, but you realise you have no paperwork i.e. no insurance valuation or sales docket then you have a problem as to how to arrive at the value of your jewellery. It is recommended to get your items re-valued every few years. The Diamond Club as part of its service can provide insurance valuation on most items. You need to book an appointment and they are generally only done between the hours of Mon – Fri 9.00am – 2.00pm and it is at a cost of $70.00 per item.
At The Diamond Club we deal with Q Report Jewellery Insurance company, which is a fully comprehensive worldwide insurance coverage company. Please visit their website www.qreport.com.au for more information or give us a call, and we will endeavour to assist with your request if we cannot answer the question we will give Q Report a call on your behalf.