LMG gives jewellery valuations warning
The Loss Management Group claims it has discovered high-street retailers' jewellery valuations are of...
The Loss Management Group claims it has discovered high-street retailers' jewellery valuations are often grossly exaggerated.The Bath-based jewellery claims specialist says this could lead to insurers losing business through charging over-high insurance premiums.
According to LMG's managing director Tony Le Fevre, the problem arises when retailers want to show jewellery customers that they have made a 'good deal'. LMG claims they found one case where a gold necklace worth £1200 had been
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