FREQUENTLY ASKED QUESTIONS ABOUT
Self-Storage Insurance
What is a definition of a Valuable or Collection?
Valuable
A valuable typically refers to high-worth personal items that have significant monetary or sentimental value and may require special consideration in an insurance policy.
A valuable is a personal possession that: - Has a high monetary value (between £1,000 - £3,000) - May be difficult to replace
Examples of valuables include: - Fine jewellery and furs - Expensive watches - Art and antiques - High-end electronics - Precious metals - Fine musical instruments - Designer Clothing & Handbags
Collection
A collection is defined as a group of similar items accumulated and valued together, typically with some unifying characteristic.
A set of items that are: - Related by a common theme, type, or origin. - May have individual value but gain additional value as part of the complete collection - Gathered intentionally - Typically related by theme, type, era, or origin - Maintained for their collective or individual value - Often curated with specific criteria or passion - A group of 3 or more items
Examples of collections include: - Coin collections - Stamp collections - Vintage toy collections - Art collections - Sports memorabilia - Rare book & vinyl records
Please note - Receipts, valuations and proof of ownership will be required upon any claim. Failure to produce these documents may invalidate your claim.