Why is £1,500 the threshold for valuable items? Charlotte Logan December 12, 2019 13:14 Updated Follow £1500 is the industry standard threshold for valuable items that we've chosen to adopt. Related articles If I select "Out of home cover" does this cover loss and theft for the whole of the UK? Are mobile phones covered? Will my bicycle be covered if it is stolen while it is parked away from my home? Is cash in my home covered in the event of a break in? Can I add an additional policy holder at a later date? Comments 0 comments Article is closed for comments.