Appraisal Reports Insurance Sales Comparison Approach 
International Society of Appraisers
MARCH 14, 2025
Further, appraisal reports must follow the latest version even if the appraiser has NOT taken the latest course. For insurance replacement purposes, appraisers should consider where the client typically shops, which, in most cases, falls under the retail market. Remember, we are USPAP Compliant (not certified).
Drishti LLC Appraisers
APRIL 16, 2021
The quick answer is that the kind of appraisal you need depends on your intention. Do you need to have a collection appraised for insurance? CURIOSITY If you are simply curious about the value of an artwork or collection, a restricted appraisal will help you. Likewise, it cannot be used for insurance purposes.
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