News Categories

• Banking
• Breakdown Cover
• Car Insurance
• Credit Cards
• Home Insurance
• Insurance
• Life Insurance
• Loans
• Money
• Mortgages
• Pensions
• Pet Insurance
• Travel Insurance

News Archive

• February 2012
• January 2012
• December 2011
• November 2011
• October 2011
• September 2011
• August 2011
• July 2011
• June 2011
• May 2011
• April 2011
• March 2011

Newsletter

Valentine's jewellery 'needs insurance cover'

By Marianne Straker, Thu 4 Feb 2010 - Published in Home Insurance

Women should ensure that any valuable items they receive this Valentine's Day are covered by their home insurance.

Research from insurer Sheilas' Wheels found that the UK's jewellery boxes are thought to be worth £40.5 billion, but this is set to rise with romantic gestures being made on February 14th.

However, the study also showed that nearly two-thirds of women have lost pieces of jewellery, while one-fifth have had them stolen.

Jacky Brown at Sheilas' Wheels home insurance said: "Although it's easy to be swept away with the romance of the occasion, it's crucial not to forget the importance of insuring your new ring, necklace, bracelet or brooch."

She recommended that women should make sure their home contents insurance covers the full value of valuables they own and advised them to add any new items to their policy as soon as possible.

Insurer RIAS recently claimed around £4.9 billion worth of jewellery and other valuable items could be under-insured because their owners have never had them re-valued.