Join Date: Aug 2002
Location: St. Croix, USVI
Be careful making relatively small claims against your home insurance policy. I don't know how the insurance companies in Wales operate, but in the US, if you make a few small claims, they will often cancel your policy. A friend of mine made 2 small theft claims (probably around $1,000 each), and they cancelled his policy. He then had to pay 2 or 3 times his normal premium to get a "high-risk" insurance policy.
Also, check your deductible. If it's high, it may not be worth it.
The insurance policy should specify whether they cover replacement cost or appraised cost. If you can get replacement cost, you'll get more money - see Raiyn's post.