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Jewellery insurance valuation - sale or full price

Hi, I need to get a fairly expensive ring added to my home insurance - I just need to know what value to put it down as? I got it in a sale so paid half the list price - do I insure it at the price I paid or the higher value?
Thanks

Comments

  • The value for insurance should be the cost to replace the item.

    So, unless you bought the ring from DFS who seem to have a permanent sale; the pre-sale price is the value you need to insure it for.
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