Insurance Valuation

It is always important to consider insurance against loss, theft or damage for your jewellery.

You will often find insurance companies will require a valuation certificate to establish the value of your item for insurance. The valuation certificate lists the market value of your jewellery and this is different to an independent diamond certificate.

As the valuation certificate specifies the market value of the item this ensures that if you did need to use your insurance policy in the unfortunate event of loss or theft then the insurance payout would be sufficient to replace the item.

You will often find that the valuation certificate is a lot higher than the price you purchased the ring for as this reflects the recommended retail price.