Remove Condition Remove Hypothetical Condition Remove Insurance Policy
article thumbnail

Office Hours Information from March 2025

International Society of Appraisers

There are different marketplaces depending on many factors, including: urgency to sell, quantity, condition of the property, and the quality of the items. The type of value before and after the loss will be dictated by the client and is based on how the insurance policy is written or the particular situation at hand.

article thumbnail

ASA Newsroom - Gems & Jewelry - Untitled Article

ASA Newsroom - Gems & Jewelry

Insurance industry terminology such as risk, premium, loss, deductibles, coverage limits, and perils are some of the fundamental concepts appraisers must grasp. Different property insurance policies have unique features and limitations. The Claims Function People buy insurance policies for protection against financial loss.