Topic starter
Hello, looking for some advice, might be a silly question -
I have a named piece of jewellery on my home insurance - it's RRP has risen recently "due to the pound/Brexit" (quote from manufacturer - not me!).
I paid £2950 for the item with a 12.5% discount from an RRP of £3400
It's currently insured for £3400.
The RRP has recently risen to £3520
Is it correct to insure for the amount I paid (£2950) or the amount to replace without any discount (Now £3520).
Thanks!
Posted : 21/08/2017 8:40 am
Hi
Recently had a bike stolen and insurer asked for two quotes to replace at RRP not the price I paid which was considerably less
Thanks
Steve
Posted : 21/08/2017 9:33 am
Topic starter
Cool - thanks Steve - I'll go with RRP then, cheers!
Posted : 21/08/2017 9:36 am