Valuations for Insurance
Many years of valuation experience have shown us that more than 78% of the clients we visit are underinsured with the consequent risk that any claims for damage or loss might be only partially met. An accurate and up-to-date Valuation provides the comfort of knowing that valuable possessions and household items are correctly insured and that any settlement would accurately reflect loss or damage. It could also expedite settlement.
Full Insurance Valuations
By understanding your requirement, we ensure the right team visits your home. We offer a confidential and discreet service which offers a fully detailed and illustrated contents inventory of all your personal possessions and household items, cataloguing them fully, providing details, sizes, values, provenance and illustrations etc, all produced in a professional bound document.
We discuss the threshold level to itemise over and find out exactly what you/your insurer requires and if required globalise the remainder, by category, by room. All our valuation documents include a detailed illustrations and a summary by category.
Walk Through Validation
An informal yet detailed inspection of your home is made by one of our senior valuers whereby a room by room assessment is made, categorising items correctly and placing values.
We will provide you/your insurer with a detailed report showing global categorised figures to reflect the risk. Items over £10k will be identified and listed separately (max 10) including illustrations.
This is approximately a 2 hour service that includes a risk assessment of the property and other helpful advise that your insurer will require. This is a service which is recognised by the insurance industry.
Accurate valuation and regular review can reduce your premium as well as give you peace of mind. An up-to-date Valuation may not necessarily result in higher premiums however it will ensure any claim is settle quickly and correctly. Art & Antiques are classed as ‘low risk’ and so have a lower percentage premium. Separating them from ‘General Contents’ may even attract lower premiums. A full Insurance Valuation may also lead to a discount on an existing premium and fulfil all requirements a broker needs to do to comply with the Insurance Act 2016.
We offer a free initial assessment on a full household insurance valuation. It allows us to tailor the Valuation to suit both the client’s and insurer’s requirements. For example, there may be certain categories which you wish to insure at an “agreed value “rather than “full replacement value”. The assessment is followed by a written quotation with a fixed charge. Please see our Terms & Conditions.
Working with most of the leading Insurance Companies, we have come to be regarded as one of the most highly regarded specialist valuation businesses in the UK. We always try to work with the minimum of disruption to our clients and are friendly and personable. We pride ourselves on a reputation for integrity, courtesy and professionalism and work to Service Standards.
We appreciate that Security issues are likely to be a concern to our clients. Valuation documents are treated with the highest security. Our IT systems are robust and operate to the highest Industry standards with regular reviews.
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