On the 12th of February 2026, we had the pleasure of hosting an informative event with NFU Mutual Tunbridge Wells, focusing on something many jewellery owners overlook — jewellery valuation and insurance protection.
While jewellery is often sentimental, it is also a valuable financial asset. Without an up-to-date insurance valuation, many pieces are unknowingly underinsured.
At The Diamond Setter, we regularly see clients who haven’t had their jewellery valued in years — sometimes decades. In today’s market, that can be a costly mistake.
Why Jewellery Valuation Is Essential for Insurance
A jewellery valuation for insurance is not simply an estimate. It is a professional, detailed document that outlines the current replacement value of your piece.
This value reflects:
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Current gold and precious metal prices
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Diamond and gemstone market values
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Craftsmanship and labour costs
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Retail replacement costs
Gold prices in particular have seen significant increases in recent years, reaching record highs due to global economic uncertainty and inflation. This means the cost to replace a ring purchased five or ten years ago may be substantially higher today.
Without a current jewellery valuation:
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You may be underinsured
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Your insurer may not pay the full replacement cost
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Replacing your item like-for-like could become financially difficult
Regular updates — typically every 3-5 years — ensure your cover remains accurate.
Our On-Site Jewellery Valuation Service
At The Diamond Setter, we provide professional on-site jewellery valuations for insurance purposes.
What makes our service different:
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Valuations conducted securely on-site by an independent registered valuer
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Jewellery never leaves the premises
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Detailed insurance replacement documentation
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Valuation refresh services available
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Transparent, fixed pricing (not percentage-based). The cost is £125-£150 for the first article and £85 for succeeding pieces.
Once your jewellery has been fully documented, future updates are straightforward and cost-effective. This avoids repeating the entire process unnecessarily.
Our valuation service is suitable for:
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Engagement rings
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Wedding rings
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Diamond jewellery
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Antique and inherited pieces
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High-value bespoke jewellery
If you’re searching for a trusted local jewellery valuer, security and accuracy are key — and that’s exactly what we provide.
Jewellery Servicing & Preventative Care
Insurance protection is only part of the picture. Regular jewellery servicing and inspection is just as important.
Daily wear causes gradual wear to claws, settings, and bands. Without inspection, stones can loosen and eventually fall out.
Our on-site workshop allows us to:
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Check claws and stone settings
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Identify structural wear
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Professionally clean and polish jewellery
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Carry out repairs and restorations in-house
Routine checks can prevent loss and reduce the likelihood of needing to make an insurance claim in the first place.
Getting the Right Jewellery Insurance Cover
During our event with NFU Mutual, we discussed how proper jewellery insurance works alongside accurate valuations.
Key considerations include:
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Ensuring single-item limits are adequate
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Checking worldwide cover
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Making sure valuations are current and accepted
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Understanding how claims are handled
The correct cover, supported by an up-to-date valuation, gives genuine peace of mind.
Protecting What Matters
Jewellery represents life’s most meaningful moments — engagements, anniversaries, inheritances, milestones.
A professional jewellery valuation ensures:
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You are properly insured
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Your investment is protected
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Replacement is possible if the unexpected happens
If your jewellery hasn’t been valued or inspected in the past 2–3 years, we recommend arranging a review.
At The Diamond Setter, we combine:
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On-site jewellery repairs
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Secure, professional jewellery valuation services
If you would like to book a jewellery valuation or service appointment, please contact our team.
Call us at 01892 458 042
Email at customercare@thediamondsetter.co.uk
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