Once you have chosen the insurance cover for your jewellery it is important to ensure that you have an up to date insurance valuation for each item. The value should also be reviewed at least every two years to ensure it is still current and adequate and adjusted in the policy value. With some items such as the increasingly rare Argyle pink diamonds the value has increased at a rate far exceeding other types of jewellery and as such need to be revalued annually to ensure the value reflects the current replacement cost.
It is also important to have jewellery revalued if you have pieces significantly altered or remodelled to reflect the new value and description of the piece to avoid issues processing a claim.
