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9 Reasons Why Should You Hire an ISA Personal Property Appraiser

International Society of Appraisers

There are numerous reasons to seek a professional appraisal, including planning insurance coverage, charitable donations, probate of an estate, or simply determining the value of your tangible assets. Whether you're dealing with art, antiques, furniture, jewelry, or other possessions, an appraiser can give you a valuation.

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Should I Have My Antiques Appraised for Insurance Purposes?

Harrison Appraisals

It’s crucial to have an accurate understanding of their replacement cost, especially when it comes to insurance purposes. In this blog entry, we’ll discuss whether a person should get their antiques appraised for insurance purposes. This appraisal is used to issue an insurance rider on your homeowner’s policy.

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Why You Need an Appraisal

Penrose Appraisals

Policies vary from insurance company to insurance company, but generally, there are limitations to homeowners' or renters' insurance that are important to keep in mind if you happen to own items of exceptional value. You may find that additional insurance is necessary to adequately cover you in the case of loss.

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What You Need to Know When Hiring a Personal Property Appraiser

Anubis Appraisal and Estate Services

As a personal property appraiser, my role encompasses tangible property including fine art, antiques, furniture, and collectibles. Reasons of valuations for tangible property can include estate and probate purposes, equitable distribution, insurance coverage, charitable donations, dissolution of marriage, and bankruptcy.

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Do You Need An Appraiser for Probate?

Harrison Appraisals

This includes real estate and personal property, such as furniture, antiques, artwork, and general residential contents. Depending on the state, the inventory must be submitted within a specific timeframe, which can range from 30 to 90 days after the estate is opened.

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Understanding the Different Levels of Value: It’s Worth What Where and When?

Artifactual History Appraisal

An appraised value for insurance may be significantly higher than an appraised value for planned future sale, which can be baffling and difficult to comprehend without a familiarity with the different levels of the market. It can sometimes be present in insurance policies, although in my experience it is much less frequently encountered.