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Why Art Collectors Need the Right Insurance

Veritas Art Appraisals

A typical homeowner’s insurance policy affords you a little bit of coverage. Typically, Continue Reading The post Why Art Collectors Need the Right Insurance appeared first on Veritas Art Appraisals & Consulting. Do I need a special rider?” And when we say a little, we mean extraordinarily little.

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How To Determine If You Need An Art Appraisal

Art Appraisal Resources

You should check with your insurance provider to see what is and is not covered by your homeowners or rental insurance policy. Appraisals provide valuable insights, aid decision-making, and ensure you have the necessary documentation for insurance, sale, donation, or estate planning purposes.

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The Role of Jewelry Appraisers in Insurance Valuation

Buckhead Jewelry Appraisers

So you’ve just inherited your grandmother’s vintage diamond ring, only to find out it’s not covered by your insurance policy because its value wasn’t properly appraised. Insurance valuation refers to the process of determining the monetary value of an asset, property, or item for insurance coverage.

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How to Prepare Your Parents' Estate

Penrose Appraisals

Location of important papers, including: investment accounts, insurance policies, bank accounts, passwords, etc. An appraiser can be consulted to provide valuations for items in the inventory, thus ensuring that the valuations are determined by a neutral party.

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Where To Buy Diamond Jewelry?

La Jolla Gem Appraisal

It’s advisable to consult with a gemologist to verify that the diamond you intend to buy matches the one in the certificate. Protect Your Investment After purchasing a diamond, it’s important to consider insuring it. Insuring your diamond can give you peace of mind knowing that you’re protected in case of loss, theft, or damage.

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Replacement Value Appraisal vs. Fair Market Value Appraisal: Understanding the Difference

ValuePros Appraisal Services

Fair Market Value is often determined by considering recent sales of similar items or consulting with experts in the field. Here are some scenarios where each method is commonly used: – Replacement Value Appraisal is useful when: – Obtaining insurance coverage for personal belongings.

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Art Peritus Art Industry Spotlight: Katja Zigerlig of Berkley One

Art Peritus

Art Peritus recently sat down with Katja Zigerlig, Vice President, Art, Wine and Collectibles Advisory at Berkley One, a Berkley Company (WRB) to discuss the nuances of collecting and insuring Fine Art. It’s one of the most important documents a collector can have, along with purchase invoices, and an insurance policy of course.