It’s easy to assume that if you have home and contents insurance, your jewellery will be covered. But have you ever stopped to think just how much your jewellery collection is actually worth? When you add up all the pieces you’ve collected over the years, you could find you’ve invested more than you expected – and that your home insurance doesn’t cover the full amount.

Before you take out insurance, you will need to get your jewellery valued, to make sure you have an official record of how much it is worth. This is especially important if you have some custom designed pieces.

If you have a comprehensive contents insurance package, you could find that your jewellery is covered to a certain extent, but it might be worth checking with your provider. It could be possible for you to extend your policy to specifically cover all of your jewellery, and to increase your insurance every time your collection expands.

On the other hand you could find that turning to an insurance company who specialises in jewellery will be the better choice for you, especially if you have a lot of valuable jewellery. Companies that only deal with jewels are likely to be better at helping you find a policy that suits your own unique items.

A good way to find insurance for your collection is to go to your jeweller; they may be able to point you in the direction of a good specialist firm.

For more information on jewellery valuation and insurance, or for a range of diamond jewellery, contact Clayfield Jewellery on (07) 3266 9555.