Why Standard Home Contents Insurance Is Not Enough for Valuable Possessions

Many people think that their luxurious possessions, like jewelry, watches, works of art and antiques, are automatically well insured through their standard Contents insurance. But did you know that regular home contents insurance often insufficient coverage offers for expensive or exclusive properties?

What if you diamond ring is stolen, you Rolex gets damaged, or you painting is lost due to fire? In this article we explain why a standard home contents insurance is not sufficient and how a valuables insurance does offer the right protection.

1. What does Standard Home Contents Insurance cover?

A Contents insurance reimburses damage to items in your home due to, for example:
✔ Fire
✔ Water damage
✔ Storm and lightning strike
✔ Theft after burglary

But there are important ones limits to cover luxury and valuable possessions.

The Major Limitations of Home Contents Insurance

🔸 Maximum Coverage per Item
Many insurers use one limit per valuable item, often between €2,500 and €5,000. A Rolex, Patek Philippe or Cartier watch is often worth much more than this amount.

🔸 No Worldwide Coverage
Theft and damage outside the home are common not or only partially covered. If you take your jewelry, watch or artwork to a hotel, on a trip or to an event, you are at risk.

🔸 Limited Theft Coverage
Insurers often pay for theft outside the home only a small percentage of the value out. Robbery or pickpocketing are rarely covered by a standard policy.

🔸 No Loss Coverage
Have you lost a valuable piece of jewelry or watch? Home contents insurance covers loss almost never.

🔸 No Market Value Correction
Some luxury watches and works of art increase in value. However, standard home contents insurance will reimburse only the original purchase value and not the current market value.

Do you want complete protection? Then one exclusive valuables insurance necessary.

2. What is Valuables Insurance and Why Do You Need It?

A valuables insurance is specially designed for luxury and valuable properties. It offers much more extensive coverage then home contents insurance.

What does Valuables Insurance cover?

✅ Full theft coverage, also outdoors and when traveling.
✅ Damage insurance, also for accidents such as falls or bumps.
✅ Loss Coverage – ideal for watches, jewelry and small works of art.
✅ High insured value, tailored to the current valuation.
✅ Worldwide coverage, so your belongings are protected everywhere.

Do you have several luxury items? Then you can do them insure together under one valuables insurance.

3. For which valuable possessions is this insurance suitable?

A valuables insurance is ideal for:

💎 Sieraden & Diamanten – Exclusive rings, necklaces and heirlooms.
⌚ Luxury Watches – Rolex, Patek Philippe, Audemars Piguet, Cartier, Omega and more.
🖼️ Kunst & Antiek – Paintings, sculptures and rare collectibles.
🎻 Musical instruments – Exclusive violins, pianos and other valuable instruments.
🏆 Rare Collections – Think of coins, stamps or vintage wine collections.

Wondering whether your belongings can be insured? Request advice without obligation Finass Insures.

4. How Does Valuables Insurance Work?

There are several ways to insure luxury possessions:

Option 1: Home Contents Insurance with Extra Coverage

🔹 Maximum Coverage per Item: generally €2,500 - €5,000.
🔹 Outdoors and loss are often not included in the insurance.

Option 2: Separate Valuables Insurance

✅ High insured value – Up to hundreds of thousands of euros per item.
✅ Full coverage against theft, damage and loss.
✅ Worldwide coverage – Ideal for travelers and collectors.

For luxury watches, jewelry and works of art is a separate valuables insurance often the best choice.

5. What should you pay attention to with Valuables Insurance?

Not every insurance policy offers the same coverage. Please take into account:

✔ Appraisal and Valuation

Many insurers require one recent valuation report or proof of purchase. Have luxury possessions appraised regularly, as some items increase in value.

✔ Coverage area: Netherlands or Worldwide?

If you travel with your valuables, choose insurance with Worldwide coverage.

✔ Deductible and Premium

💰 The value of the valuables determines the premium.
🔒 A safe can result in a premium discount.

Do you want to know what the best insurance is for your belongings? Question one personal advice Finass Insures.

6. Frequently Asked Questions about Valuables Insurance

💬 Is my watch or jewelry insured if I wear it?
Yes, we offer exclusive valuables insurance outdoor coverage, even when you wear your jewelry or watch.

💬 Is my art or antiques insured while traveling?
Not standard. Many travel insurance policies have one low maximum benefit. Therefore, choose insurance with Worldwide coverage.

💬 Should I keep my jewelry or watches in a safe?
Insurers require this for some expensive items. Keep your valuables in one certified safe for better conditions and lower premiums.

7. How do you take out Valuables Insurance?

Do you want to optimally protect your luxury belongings? Follow these steps:

1️⃣ Have your valuables appraised – A valuation report or proof of purchase is essential.
2️⃣ Choose the right coverage – Theft, damage and loss can be insured separately.
3️⃣ Request a quote from Finass Insures – Our specialists are happy to help you.
4️⃣ Take out insurance and enjoy your valuables without any worries!

Conclusion: Protect your Luxury Possessions with the Right Insurance

A standard home contents insurance is not sufficient for that luxury jewelry, watches and works of art. Do you want optimal protection against theft, damage and loss? Then choose one valuables insurance.

💎 Request a quote today without obligation and ensure that your valuables are properly insured! 🚀