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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. In this guide, we’ll discuss what jewelry appraisers do, types of jewelry valuation clauses, and how jewelry appraisers help ensure you get fair insurance claims.

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Why Art Collectors Need the Right Insurance

Veritas Art Appraisals

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.

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How To Determine If You Need An Art Appraisal

Art Appraisal Resources

Value matters and an art appraisal completed by a qualified art appraiser can save you substantial money by not selling too low, insuring too low, or paying too much in estate tax or equitable distribution. Insurance Purposes: Artwork can be a valuable asset, and it is essential to ensure that it is adequately insured.

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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. Accidents and theft can happen at any time, and it’s better to be prepared than to regret not having insurance.

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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.

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

ValuePros Appraisal Services

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 is typically used for insurance purposes to ensure adequate coverage. – It considers depreciation, quality, and condition of the item.

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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.