Jewellery & Watch Insurance Valuations
If you need to make a claim on your March Plus personal jewellery & watch insurance policy, we want the process to be as quick and easy as possible. An accurate valuation is priceless because it means we’ll already have all the information we need to be able to arrange for the replacement of your treasured item, usually with your chosen jeweller, very quickly. This is particularly important with bespoke designer pieces and it makes the whole process a lot easier.
We have used the below short animations to explain in a fun way, the reasons why a valuation is so important when it comes to insuring valuable personal jewellery and watches.
Why do I need a Jewellery or Watch Insurance Valuation? (Part 1)
How will a Jewellery or Watch Insurance Valuation benefit me? (Part 2
Now you have a Jewellery or Watch Insurance Valuation - What to do next? (Part 3)
Our Valuation Requirement
We will need a full copy of an Irish or UK jewellery/watch valuation, not more than 3 years old, from a jeweller or independent valuer for each item valued €1,000 or over, showing a full description of the item(s) and replacement value(s) within 30 days of the start of the insurance.
All valuations must show the name and address of the jeweller or independent valuerAND the name of you or the wearer to support proof of ownership. The valuation must also be signed and dated by your jeweller or independent valuer.
For watches, in addition to the full copy of the Irish or UK valuation not more than 3 years old, you must also send a copy of the original purchase receipt and pictures of the watch, watch box and warranty card. Watch valuations must include the make, model and serial number of the item. The valuation must show the new replacement value (NRV) of the watch if it was purchased new, or the second-hand replacement value (SHRV) of the watch if it was purchased second-hand/pre-owned.
In the event of a claim occurring prior to the supply of a satisfactory valuation, you will need to support your claim with proof of ownership and evidence of value. Additional information may also be needed.
Once the required documentation has been received and accepted, this means that the expected replacement cost of your jewellery/watches is known, and this will help simplify the settlement of any claim.
If a supporting valuation for any item over €1,000 is not received by us within 30 days of the start of the insurance, the insurance on that item will cease and a pro-rata premium will be charged for the time insurance has been in place, subject to insurers retaining a minimum premium of €65 plus Irish Levies
I've got my valuation, but where do I send it?
You can send your valuation to us by email, fax or post; whichever is easiest for you.
Here's our details:
Fax: +44 141 332 5370
TH March & Co limited
131 West Nile Street
Please ensure you remember to quote your policy or reference number on any correspondence you send us, so that we can amend our records accordingly.