Remove Damage Claims Remove Quality Remove Valuation
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Fine Art Insurance 101

Fine Art Estates

How these claims are paid will depend on if your personal property is covered for “Replacement Cost” or by “Actual Cash Value.” Valuation is current market value. Con: If values go down, there is a possibility the insured will collect less than they paid for the item(s) because the valuation is based on current market values.

Fine Art 130
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Should I Have My Antiques Appraised for Insurance Purposes?

Harrison Appraisals

This can give you an idea of the appraiser’s level of professionalism and the quality of their work. It is also important that you have your appraisal updated regularly to make sure that your valuations accurately reflect any changes in the market or condition of the item.