Antiques older than 100 years (furniture is not included), art (e.g. paintings, drawings, graphs, sculptures, collagen), bonds & security papers, cash (also in electronical form), certificates, coins, furs, gemstones, gobelin tapestry, gold (all products), jewellery, medals, platinum, pearls, rugs (hand-woven), saving books, silver, stamp-collections & telephone cards.
With most cheaper plans valuables are only covered up to 20% of the insured sum, which might not be sufficient and needs to be seriously considered when valuating your contents.
A good example:
On taking out cover for 30.000€ with jewellery for 7.500€, you will have already underinsured yourself by 5% and this is not even taking other valuables into consideration! Unfortunately this is quite a common scenario and in the event of a claim an assessor would pick up on this neglect!
To receive a full reimbursement in form of the replacement price you are strongly advised to keep any valuables in an approved multi-walled steel cabinet or even better, a mounted safe, either should weigh at least 200kg. Should any of the valuables disappear while not in one of the above-mentioned secured storages (e.g. due to a fire or burglary), these are still covered, however become subject to reimbursement caps.
These are generally as follows
- 1000€ for cash
- 2.000€ - 3000€ for securities & saving books
- 20.000€ for
Before valuating your total home contents please start with just the valuables and calculate the insured sum by multiplying this amount by five.