Today, the risk of burglary has increased. You have returned from holidays, weekends and your jewelry box is empty. You no longer have family jewelry bills, the jeweler has no trace of your purchases. Result: the insurance does not want to know anything and does not refund you. Cases like this are common and many examples.
So how do you protect yourself?
You need two essential elements. A contract of insurance adapted to your needs and a expertise of reliable and complete replacement value so that you are compensated most precisely in case of disaster.
Home and Casualty Insurance
When you want to insure your wealth, most insurances, at first, will not mention your jewelry. If you talk to them about it, then they will offer you a multi-risk home insurance policy that will very often limit to 30% the guaranteed sum of your jewels and valuables, usually up to 5000 €.
But from experience this amount is not enough for a replacement value and will not allow you to redeem equivalent jewelry.
All-risk jewelery contract in approved value
It is an insurance value determined by a contract. In other words, it is possible to have your valuables secured for their replacement value. For this value to be approved, it must have been established by an expert and accepted by your insurance company.
The company can refer you to an expert of its choice but it can also accept the values given by an expert you have chosen. The company then agrees to reimburse you according to the values defined in advance. It is the most suitable solution and the least risky during a disaster because the most complete.