Clevedon Salerooms can provide up-to-date certified insurance valuations, with digital images, for anything from single items to collections to entire house contents.
All of the valuers at Clevedon Salerooms are either Society of Fine Art Auctioneers (SOFAA) or Royal Institute of Chartered Surveyors (RICS) accredited. Fees are usually calculated based on time spent at the property, with typing, research and travel included at no additional cost. Updates at recommended intervals can be completed in considerably less time making them cost effective.
Smaller transportable items such as jewellery and watches can be assessed at the Saleroom by prior appointment.
The nature of Antiques means that most valuations are based upon ‘Second Hand Replacement Value’ (SHRV) as opposed to New Replacement Value (NRV, sometimes called ‘New for Old’). Maintaining your contents Insurance is important as changes in the market can significantly affect the figures you might receive in the event of loss or damage.
Some items valued twenty years ago may now be worth much less than figures quoted at the time; if insurance valuations are not updated, these figures tend to be ‘index-linked’ by insurance companies at around 7% per annum resulting in owners over-paying on premiums.