Remove Furniture Remove Insurance Remove Tax Liabilities
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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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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. This is essential because the value of your loved one’s assets can impact the estate’s tax liability and the amount that beneficiaries receive.