International Society of Appraisers
APRIL 19, 2024
” Specifically, many people may not realize that traditional homeowners insurance policies typically have coverage limits that may not be sufficient to adequately protect high-valued property such as fine art, jewelry, or luxury items.
Fine Art Estates
JUNE 4, 2021
A provider evaluates the risk, provides a quote, issues coverage, and, in the event of a covered loss, pays the coverage set forth in the policy. Of the two, the “All-Risk” policy usually provides broader coverage for a homeowner. In the event of any covered loss, a deductible will be applied.
James Farrow Company Jewelry Appraisers
MARCH 10, 2016
If the couple had spent 30 – 45 minutes and around $100 on a new appraisal every five years, their insurance coverage would have increased enough to make this situation a mere inconvenience and not the major issue it has become. This is an everyday occurrence.
Veritas Art Appraisals
JUNE 13, 2022
Some of the most common questions advisors hear from clients about their fine art and collectibles are, “Does my homeowner’s insurance provide coverage for my artwork? A typical homeowner’s insurance policy affords you a little bit of coverage. Do I need a special rider?” And when we say a little, we mean extraordinarily little.
ValuePros Appraisal Services
AUGUST 23, 2023
In this blog post, we will explore the distinctions between these two appraisal methods, helping you understand when and why each one is used. – It is typically used for insurance purposes to ensure adequate coverage. While both methods aim to determine the worth of personal belongings, they differ in their approach and purpose.
JSK Fine Art Appraisals
OCTOBER 15, 2023
In this blog post, we explore the crucial role of insurance appraisals in safeguarding your art collection, providing insights into why this process is indispensable for every art enthusiast and collector. Accurate Valuation for Adequate Coverage: The art market is dynamic, with values fluctuating over time.
Art Peritus
FEBRUARY 17, 2023
B: When considering insurance, what is the difference between Blanket and Scheduled insurance coverage for collectibles? K: Scheduled coverage separately describes individual collectibles to be insured at a specific value. And a “qualified appraiser” is key. B: Speaking of Art Insurance, any general advice for collectors?
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