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A Consumer’s Guide to Insurance Appraisal Reports: Do You Need One and How to Get One?

Artifactual History Appraisal

I’ve included a short excerpt below and the entire article can be read online here ( [link] ) “Many people are familiar with the concept of insurance coverage in the context of car insurance or travel insurance, but knowledge about insurance coverage of personal property such as fine art or antiques is much less widespread.

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How To Determine If You Need An Art Appraisal

Art Appraisal Resources

Many insurance companies require a professional art appraisal to determine the appropriate coverage and premiums. An appraisal helps establish the artwork's current market value and ensures that you have the necessary documentation in case of loss, theft, or damage.

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Insurance Appraisals: Safeguarding Your Art Assets

JSK Fine Art Appraisals

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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need an insurance appraisal update?

Drishti LLC Appraisers

One of the most important reasons to update an appraisal for artwork is to provide documentation of current condition. A well-trained art appraiser is able to identify and document damage, or confirm that the artwork is not damaged. Secondly, an updated appraisal will make sure your collection is insured at an appropriate level.

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How Often Should I Update My Jewelry Appraisals and Why

Buckhead Jewelry Appraisers

Collect relevant documentation about your valuables. Documentation Ownership As I mentioned, the appraisal certificate serves as evidence of ownership. To receive compensation from an insurance company in the event of the loss or theft of your jewelry, you must provide legal documentation proving ownership of the items.

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The Essential Guide to Jewelry Appraisal and Insurance

Buckhead Jewelry Appraisers

Jewelry appraisal for insurance is the most essential requirement for getting jewelry insurance. Standard homeowners' or renters' insurance may provide some coverage for your personal belongings, including jewelry. However, your insurance may have lower coverage limits and exclusions for certain types of losses.

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Art Peritus Art Industry Spotlight: Katja Zigerlig of Berkley One

Art Peritus

Appraisals are important not only to make certain you are appropriately insured, but it can also help you make smart decisions about charitable donations, gifts to family members or making the decision to sell the work. Every insurance company has a different threshold for the value documentation they would like to see.