The Importance of Theft in Home Contents Insurance
22. February 2026
When is which type of insurance coverage worth it?
23. February 2026The Importance of Theft in Home Contents Insurance
22. February 2026When is which type of insurance coverage worth it?
23. February 2026Valuables in DEVK Home Contents Insurance – What Is Actually Covered?
Valuables such as jewelry, high-end watches, precious metals, or collectibles not only have significant material value but often hold emotional significance as well. This makes it all the more important that these items are properly covered under a home contents insurance policy.
But what exactly counts as a valuable item? Which valuable items are covered by DEVK? And what limits and special provisions should policyholders be aware of? In this article, we provide you with a clear overview.
Benefits of Home Contents Insurance at a Glance
- Coverage for Burglary
- Coverage for fire, water damage, windstorms, and hail
- Reimbursement of the replacement value of damaged or stolen items
- Protection for furniture, clothing, electronic devices, and valuables
- Coverage for vandalism following a break-in
- Coverage through third-party insurance (household property is also covered while traveling)
What counts as "valuables" under the " " provision of home contents insurance?
Under home contents insurance, certain items are considered valuables and are subject to special provisions.
These typically include:
Cash
Securities, savings accounts, and certificates
Jewelry (e.g., rings, necklaces, bracelets)
Gemstones and Pearls
Gold and Silver Objects
High-Quality Watches
Coin and Stamp Collections
Fur
These items are generally covered against the insured risks, such as:
Burglary
Robbery
Fire
Tap water
Storm and Hail
covered—though not indefinitely.
What valuables are covered by DEVK?
With DEVK home contents insurance, valuables are included in the coverage. This means:
If, for example, a burglary occurs and jewelry or cash is stolen, insurance coverage generally applies.
However, it is important to note:
Compensation limits apply to valuables.
For cash, the maximum compensation amounts are usually even lower.
What are the limitations and special considerations when insuring valuables?
Insuring valuables depends on several factors:
1. Compensation Limit
As mentioned earlier, valuables are insured only up to a certain percentage of the insured amount.
2. Type of Storage
Like many insurers, DEVK distinguishes between:
Open Storage in the Home
Storage in a suitable safe
Without special security measures, lower compensation limits apply.
If a certified safe with a recognized security rating is used, higher amounts may be insured.
A certified safe is therefore a wise choice, especially for larger jewelry collections or precious metal holdings—both from a security and an insurance perspective.
3. Underinsurance
If the total coverage amount for household property insurance is set too low, compensation may be reduced proportionally in the event of a claim.
The risk increases when:
Valuables are added (e.g., through inheritance or marriage)
Gold and Jewelry Prices Are Rising
high-quality watches or collectibles can be purchased
Tips for Insuring Valuables Under a Home Contents Insurance Policy
To avoid any unpleasant surprises in the event of a claim, we recommend:
✔ Review the insured amount regularly
✔ Check the limits for valuables in the policy
✔ Store high-value items in a certified safe
✔ Keep receipts
✔ Take photos of jewelry and collections
✔ For very high-value items, consider individual coverage extensions if necessary
It is especially important to review your home contents insurance regularly, as life circumstances and assets change over time.
Conclusion: It pays to properly insure your valuables
Valuables are generally covered under DEVK’s home contents insurance —but only within clearly defined limits.
Anyone who keeps valuable items in their home should:
Check the insured amount
Know the limits on valuables
Make sure to store it safely
This is the only way to ensure that valuable items are protected as well as possible—not only in terms of sentimental value but also financially—in the event of an emergency.