Valuations should be updated at a minimum of every 3 years for Jewellery and Watches and 5 years for Art and Antiques. Most Private Client insurance contracts can pay in full or part fund valuations by specialists in these areas.
Where possible safely store purchase receipts and photographs of your contents items. Again for jewellery & watches, Fine Art and Antiques if you can sit a tape measure alongside the item this gives a scale of the item.
Ask your broker to visit your property and assist to compile and build your inventory. At Jelf this is a big part of our service assisting in what can be a daunting task.
Top Tips For Devising a Contents Inventory for Private Clients
- Make a list on a room by room basis noting all contents items on a replacement cost and when you purchase or receive new items, add them to your list. Inform your insurer of particularly expensive new items. Be sure to include clothing, outdoor items and contents you may have stored in the attic or basement.
- Ensure you make a copy to save on your computer hard drive as this can be password protected by you and accessed regularly.
- Valuations should be updated at a minimum of every 3 years for Jewellery and Watches and 5 years for Art and Antiques. Most Private Client insurance contracts can pay in full or part fund valuations by specialists in these areas.
- Where possible safely store purchase receipts and photographs of your contents items. Again for jewellery & watches, Fine Art and Antiques if you can sit a tape measure alongside the item this gives a scale of the item.
- Ask your broker to visit your property and assist to compile and build your inventory. At Jelf this is a big part of our service assisting in what can be a daunting task.
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