ValuePros Appraisal Services

AUGUST 23, 2023

It takes into account factors such as age, condition, and quality of the item. This type of appraisal is commonly used when insuring personal property, as it provides a realistic estimate of the funds needed to replace the item in case of loss, damage, or theft. – It considers depreciation, quality, and condition of the item.

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ASA Newsroom - Gems & Jewelry

MAY 1, 2024

Tweet By Thomas Dawson, ASA Spotlighting five key areas appraisers need to know to be covered in ASA ’ s upcoming PP163 Property Insurance Fundamentals webinar. In the property insurance industry, appraisers play a vital role, particularly when it comes to claims. In these situations, hypothetical conditions may be necessary.

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Art Peritus

JANUARY 31, 2025

However, the qualities that make passion assets so precious to collectors also expose them to unique risksrisks often not covered by standard homeowners insurance policies. This makes it critical to secure proper coverage.

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McAllister Fossum Appraisal Services

SEPTEMBER 19, 2019

Understand Your Homeowner’s Insurance Policy The biggest problem I see after a devastating loss is underinsurance, meaning that homeowners suffer a loss yet fail to recover tens of thousands of dollars just at the time when they have lost everything they hold dear. Keep a copy of the insurance policy handy too.

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Drishti LLC Appraisers

JULY 27, 2023

One of the most important reasons to update an appraisal for artwork is to provide documentation of current condition. Condition of an artwork is a significant factor in determining value. Conversely, if the value of your artwork has gone down, an appraisal will result in lower premiums for adequate insurance coverage.

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Appraiser/appraisal Insurance Insurance Policy Coverage 40

JSK Fine Art Appraisals

OCTOBER 15, 2023

In the unfortunate event of theft, damage, or loss, a comprehensive appraisal ensures that you can adequately recover the financial value of your assets through insurance coverage. Accurate Valuation for Adequate Coverage: The art market is dynamic, with values fluctuating over time.

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Penrose Appraisals

JUNE 25, 2024

A skilled appraiser carefully studies the history, authenticity, and condition of each item to determine their worth. A professional appraiser is one who has received training and area certified in the accurate assessment of value, authenticity, condition, and other important aspects of antiques, fine art, and other personal property.

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Art Peritus

SEPTEMBER 3, 2024

Since Homeowners and Renters policies typically have dollar limits, specialized policies for coverage of art, antiques, or luxury goods (like that new Birkin bag!) Most standard policies will not provide this degree of specific coverage. Theft, natural disaster, fire, accidental damage What are my coverage limits?

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Insurance Collectibles Appraiser/appraisal Coverage 52

John Thomas Jewelers

MAY 19, 2023

Finding a reputable Albuquerque jeweler that can make repairs is critical for restoring your pieces to their original condition. Does insurance cover jewelry repair? Insurance coverage for jewelry repairs depends on the specific terms and conditions of your insurance policy.

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John Thomas Jewelers

AUGUST 17, 2023

Without a proper evaluation of your jewelry’s worth, you can’t get insurance coverage for it. Jewelry appraisals are required for most insurance policies. High-quality photos of the jewelry from various angles to show its condition and design. A physical examination happens first.

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WCG

JANUARY 30, 2025

Caseys presentation broke down insurance essentials alongside various types of insurance T Block offers. The Fine Art Insurance policy offers coverage starting at $75,000, with careful consideration given to the potential maximum value of artwork. Never suggest a value yourself.

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