Do I need to specify all my valuable items such as jewellery or computers?
No, you only need to specify items that are worth more than certain amounts – some examples are detailed below that fall under the usual definition of a “valuable”. Up to £5,000 for any one Plasma, Liquid Crystal Display, Digital Light Projection, Front Projection or CRT Front Projection television, free-standing hot tub, free-standing jacuzzi or free-standing spa. Up to £2,500 for any other item, pair or set that is defined as a “valuable”. When insurers refer to “Valuables” they usually mean: Coin, stamp or medal collections valued over £1,000 Articles of gold, silver, other precious metals Jewellery, gemstones, pearls Furs, watches Audio, video and computer equipment Telescopes, binoculars, photographic equipment Musical instruments and guns Valuables are usually included in standard policy cover providing the total value is not more than 20% of the contents sum insured or the monetary value specified with the insurer and is subject to the single item limits shown above. If you need
