Insurance & Valuations
Noble Security Box are one of the UK’s leading providers of insurance for the contents of safe deposit boxes. They offer an insurance policy that is issued in the name of the individual who rents the box, not the centre or bank that operates it. This means the policyholders can tailor their policy to their own individual needs and, if the worst should happen, make a claim direct without having to go through their safe deposit centre or bank. Noble Security Box insurers all have a minimum financial security rating of ‘A’. Online access means you can easily view or amend your policy.
Their experienced team is available to talk through any questions you may have. The office hours are 9am – 5pm Monday to Friday.
What do they offer?
Noble Security Box want to make sure you and your valuables are covered correctly. Complimentary insurance has been provided for the first year to get you started. You can increase the insurance on your safe deposit box up to a total of £500,000 at any time. If you require more than £500,000 of cover the contents will need to be split between multiple boxes and there is no limit to the number of safe deposit boxes you can insure. Noble Security Box can also cover cash while it is being stored inside the safe deposit box up to £500,000. Keys and locks are covered up to £250 if you lose your keys. There is no excess for Key Cover, but you can only make one claim per policy year. The policy can also be extended to include ‘Wear Cover’.
Wear Cover
Wear Cover is an extension to your policy which allows you to take your items outside the safety of your box and centre whilst giving you complete peace of mind that you will still be insured as described below. Wear Cover is a popular addition to the standard policy as it allows items such as jewellery to be covered during special occasions like weddings and religious festivals. Once you’ve upgraded to Wear Cover, you can take you items outside of the box for up to 30 days per policy year. If further days are required, please contact their office on 0121 423 1000 where one of their team will be happy to help. Wear Cover covers items whilst being worn/carried/stored in a locked safe, is only applicable in the UK and will only cover up to 30% of the sum insured inside the safe deposit box up to a maximum of £100,000. Cash is not covered under Wear Cover.
Please follow this link to view Noble Security Box Insurance’s current annual premiums. Noble Security Box Pricing – Noble Security Box Insurance
Coventry Safety Deposit Centre Limited is an Introducer Appointed Representative of Noble Security Box which is a trading style of Noble Insurance Services Ltd. Authorised & Regulated by the Financial Conduct Authority. Firm Reference Number 305884’
Valuation Services
We also offer an independent valuation service which is carried out on site by Prestige Valuations who work in conjunction with Ellerton Knight. Prestige Valuations provides the UK’s leading jewellery valuation service. They offer an onsite valuation service and ensure that your precious items are valued securely and discretely.
Our experts will examine your jewellery and provide a written valuation for insurance, which describes in detail, your items of jewellery. They also take digital photographs to distinguish features which will be noted and full description and details will be written for each item. This makes the process of identifying your jewellery easy if it is ever lost or stolen.
Many jewellers charge a percentage of the overall value of your jewellery and often retain your items for sometimes up to a month. However, Prestige Valuations charge a simple fixed fee so you’ll know how much the service costs before you agree to it. They charge £185 per hour.
All their expert valuers have passed the Gemmological Institute of America (GIA) Diamond Grading Course, to ensure you get a reliable and accurate valuation, provided by the UK’s most experienced valuers.
Their first valuation is so thorough that they can provide a revaluation based on the information they hold, thereby not requiring to see the item again and incur large additional costs. Once a Prestige Valuation is completed and entered onto their secure system, they can update the value on a biannual basis for a nominal fee of £20 per item, and with your approval inform your insurers accordingly.
Asian Jewellery Valuations
Owing to the complexity of the Asian 22ct and 24ct gold jewellery in the insurance industry, Prestige Valuations has an in-house specialist, Ash Dunga, to value Asian jewellery. Ash is a third-generation Asian jeweller. He is familiar with all kinds of Asian jewellery that originates from all over the world.
We offer professional Asian jewellery appraisal, replacement quotations, and repair service.
Prestige Valuations’ in-house validators are multi-lingual, hence we can communicate with clients in their mother tongue for a better understanding and gather as much information as possible for validation purposes.
