It has been reported that more than one in five home-owners could risk losing money on their home insurance claim because of the rise in prices of jewellery and other household valuables. Over the last ten years the price of gold, silver and diamond have all rose,  as well as fine wines and collector's watches. 

It turns out many households have not had their jewellery and other possessions accurately valuated since they first purchased them meaning today they are under-insured. If they make a claim they could be facing massive losses. 

Not only that but the rise in value can put home owners in trouble with their insurer. Anyone who is drastically under-insured could have their claim turned down, due to being suspected of deliberately underestimating the value of their possessions to save on the cost of insurance. 

Now would be the best time to have your valuables re-evaluated to make sure that any insurance policies taken out are of the correct value, so if anything does happen to them you receive the payment you deserve. 

If you feel that your valuables need re-valuating, feel free to contact us as we can help.

E-mail: info@identidot.com

Telephone: 01922 862806