Be it a watch collection or of an bracelet with precious stones, many of us own one or more accessories of value, whether material or emotional.
These are objects to which one is particularly attached and, never ever, one would want to lose, but neither would one want to risk the entire value due to a robbery. Precisely for this reason, insurance on valuables, a solution that allows you to have coverage in case of theft (and not only).
Despite safes and other solutions, in fact, nowadays, our assets are perpetually at risk. Just calculate How much is gold worth per gram, for example, one of the most common, but also most valuable, precious materials.
In this article we will examine how insurance plans work and how we can best protect our most valuable items.
Insuring Jewellery and Precious Items: How Coverage Works
When it comes to protecting valuable assets, the generic assicurazione house is not enough. Even if when you take out a policy of this type all the goods inside the home are protected, for the most precious objects this is not enough. An adequate coverage that guarantees the minimum loss on the value of precious objects is the solution that, today, can make us sleep peacefully.
In fact, home insurance has limits on individual assets, with ceilings often not suited to specific needs. Precisely for this reason, more and more people choose ad hoc insurance.
In this sense, a bit like what happens with vehicle insurance policies, a careful evaluation must be made regarding where valuables are stored. If, for example, a jewel is kept in a safe, the maximum limits tend to be higher than those of a painting hanging on the wall (and therefore easier to steal).
Same thing happens if they are present railings, security systems o other types of protections. For obvious reasons, insurance companies tend to reward this type of prevention.
Jewelry Insurance: What Steps to Take
Even before resorting to the actual policy, however, it is necessary to take an intermediate step. We are talking about a expert for a home security assessment, able to assess the actual risk of theft of the asset (or assets) that you intend to protect.
After drafting a specific document, it is then possible to contact individual insurance companies to get an overview. It should be said, however, that in many cases, the aforementioned home insurance policy can be offered in a “bundle” with more specific coverage on valuables.
Not only that: since it is a complete package, this coverage can often have advantages in terms of cost. Obviously, great attention must always be paid to the smallest details. notes e clauses, to avoid unpleasant surprises later.
Sometimes it goes well beyond what has already been stated. In the case of purchasing jewelry, in fact, it is the retailers themselves who offer policies linked to the single object. Even in this case, you should read the documentation carefully to understand if this route is the most convenient (not only economically) or not.
Traditional or online companies?
Nowadays it is possible to choose between taking out insurance at the traditional companies, by physically going to the nearest branch, or by relying on online proposals.
In terms of quality, potentially, there is not much difference. Obviously, a well-known name in the industry offers greater guarantees in this sense. If you turn to a less famous company, it can be useful to use the Web to take a look at any reviews from other customers.
Cases in which insurance does not cover theft
Unless special contracts are in place, policies do not provide full coverage for the valuables in question. For example, clear signs of forced entry are required for the coverage to take effect.
For example, if someone forgets to open their house and suffers a theft, in almost all cases they are not covered. This is to avoid fraud that could be organized to the detriment of insurance companies.
In this context, even a thief who knocks on the door and therefore has access to the house and its assets will invalidate the coverage. The compensation can also be blocked if the security systems, even if present, are found to be not working at the time of the criminal action.
What if the thief is someone who lives in the same house? In this case, of course, each policy has different rules. Generally, relatives up to the third degree and roommates, are not covered. The situation is different if the theft is carried out by a home (as long as it works legally).
So, insuring jewelry and valuables against theft is quite complicated. Obviously, the insurance company needs to provide all the guarantees that the theft was committed despite a series of adequate precautions.
Precisely to avoid suffering a double mockery, the advice is once again to pay close attention to each individual clause in the contract and, obviously, to prevent theft as much as possible.
