article thumbnail

The Art of Appraisals: Understanding their Vital Role in Insurance

Art Appraisal Resources

Some insurance policies even require these updates every few years. Knowing that your valuable artwork is insured at its true market value provides peace of mind. Importance of Regular Reappraisals The art market is dynamic, and the value of artworks can fluctuate over time.

article thumbnail

ASA Newsroom - Gems & Jewelry - Untitled Article

ASA Newsroom - Gems & Jewelry

An expert’s view on why your health insurance policy should be appraised by a professional. Editor’s Note: The beginning of a new year is the perfect time to have your health insurance policy reviewed by a professional. ASA: What new trends are you seeing in health insurance policies for sole practitioners?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Artifactual History Appraisal

I’m going to get to all these terms and define them later, but the very first thing I always recommend in my conversations with potential clients is for them to pull out their current insurance policy and check the coverage.

article thumbnail

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.

article thumbnail

Jewelry Appraisals for Insurance: Everything You Need to Know

Imperial Gem Lab

Additionally, your home insurance will probably not cover your jewelry if it is stolen while it’s outside your house. The Warranty Isn’t Enough Some people forgo getting insurance for their jewelry because the jewelry is under warranty.

article thumbnail

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. During such conflicts, the appraisal clause will serve as a provision in insurance policies that facilitates an independent appraisal process.

article thumbnail

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

Artifactual History Appraisal

It can sometimes be present in insurance policies, although in my experience it is much less frequently encountered. The best way to determine what level of value you have in your own insurance policy is to pull out and read your policy documents or call up your insurance agent to confirm.