Domestic Contents Insurance – Specified Items

Most domestic contents policies have limits on what they will pay for certain items such as jewellery, watches, photographic equipment, coin/ stamp collections, bicycles and sporting equipment etc unless they are specified on your policy.  The limit is usually around $2,000 – $3,000 per item depending on your insurer and what type of policy you have.

We strongly recommend you review your contents policy and contact our office if you have items you need to specify. Insurance valuations are recommended for higher value items as they will ensure you are adequately insured and they will also assist with settlement in the event of a claim.