Is your Jewellery Safe at Home? Reasons to Choose an Insurance Approved Jewellery Safe

Jewellery can be stored for sentimental value, investment reasons or both. As specialists in graded and luxury home safe installation in London we know that there are significant risks associated with storing jewellery and valuables at home with inadequate security. Ensuring that your home security is in line with insurance approved standards means that :

1. Your valuables are less likely to be stolen
2. If they are stolen you will be more likely to be able to claim compensation.

Understanding the Risks of Securing Investment Jewellery at Home

There are several risks involved in storing valuable jewellery at home:

1. Your home can become a target for intruders who research prospects
2. You could lose irreplaceable sentimental items
3. You could suffer financial loss if your security doesn’t meet the standards laid out in your home contents policy and your insurance company won’t pay out
4. Being a victim of a break in can be traumatic and can significantly impact your sense of security and comfort at home. Many people live in fear that the intruders will return again.

For all these reasons it makes sense to ensure that you have the optimum security systems in place. That could involve a multi layer security approach to discourage professional intruders from even considering your property as a target. A combination of high security locks, security grilles and a carefully selected insurance approved jewellery safe to suit your individual needs can give you the peace of mind that you are looking for.

What Does Insurance Approved Mean?

There are 2 elements to understanding the meaning of insurance approved security.

1) Meeting British Standards

In general, insurance approved security products meet specified British Standards. These standards are laid out with clear guidelines which apply to different types of safes, locks and grilles.

British Standards relate to 2 things;

• Product quality and performance
• The method of installation

Choosing the highest quality security which meets UK Standards provides assurances in terms of actual security and insurance pay outs. Playing it safe is the low risk option.

2) Reading The Small Print In Your Insurance Policy

Your insurance policy will pay out if you meet the security criteria laid out in your insurance policy. Insurance companies will not hesitate to look for opportunities to avoid paying out. So it is vital to read the small print!

Do all Home Contents Insurance Policies Have the Same Security Requirements?

No, they all vary, with some only saying they only need to see signs of forced entry and others requiring high standards of security. Requirements can depend on the company you are insured with, levels of crime in your area and the value of contents insurance you require.

So you can avoid using the British Standard insurance approved security measures if your policy doesn’t specify it however, it is unwise to scrimp on security levels as this is likely to put your home, belongings and family at risk.

If you have high value items to insure then you may be instructed by your insurance company to increase your home security in general and to store items like jewellery and watches in an insurance rated jewellery home safes to a particular specification.

Insurance for Valuable Jewellery and Watches

When insuring valuable items like investment jewellery and watches your policy may specify that you store these items in an insurance approved graded safe. The grade of safe relates to the value of the items and they may advise which grade is required for the items. Always speak to a safe specialist to ensure you choose the correct graded safe to cover your home contents policy requirements and also to allow you to future proof.

You can read more about the different safe grades in our Graded Safes and Ratings Guide to find out which grade is most suitable for your home.

Benefits of An Insurance Approved Jewellery Safe

There are significant benefits to owning an insurance approved safe for jewellery and valuables. Primarily it will keep your valuables safe and give you peace of mind with regards break ins and having people in your home such as cleaners and trades people. Also if anything does go missing you will be covered if you have met or exceeded the standards required.

A safe is also very convenient for multiple items such as passports and papers, and once you own a safe you can wonder how you managed without one.

Considerations When Choosing Insurance Rated Home Safes for Jewellery and Valuables

Always choose a graded safe specialist for high security safe installation. An MLA approved safe specialist will be experienced and qualified to provide the best advice when choosing a safe. When choosing the best insurance rated safe for your individual needs it is important to consider a range of factors including the best:

• Safe specialist to provide professional installation to meet insurance standards
• Safe Grade (valuables and cash rating)
• Size (to house the contents and fit into the location)
• Location within the property
• Fixing method

Read more on factors to consider when choosing a safe here.

Jewellery Storage: What Can Invalidate Your Insurance

As emergency locksmiths in London and Hertfordshire, we see that burglaries are usually a result of neglecting security. Often the right security measures have not been put in place and in some cases the security is in place but best practice hasn’t been followed.

It goes without saying that if you tell your insurance company you have a British Standard 5 lever deadlock but didn’t have it locked they will avoid making a pay out if they can. Or that you have a high security safe for jewellery but you don’t keep the rings you wear every day in it, you may likely not be covered. It is mostly common sense but well worth getting professional advice to reduce the risks in general and in line with you particular contents insurance requirements.

For more professional advice on How To Keep Jewellery Safe at Home read here.

Professional Security Solutions in London

IKS Locksmiths are MLA approved security specialists based in North London. We have 15+ years of experience and are experts in a range of home security solutions including high security locks, security grilles and AIS approved safes. With our bespoke customer lead service, we provide effective security to suit each client’s particular budget and requirements. Whether you are looking for a small safe for cash valuables or a large

Contact us for a free security survey by email on info@ikslocksmiths.co.uk, or call, text or WhatsApp us on 0203 284 1045 or 07947426981.