Remove Insurance Remove Insurance Policy Remove Market Value
article thumbnail

The Art of Appraisals: Understanding their Vital Role in Insurance

Art Appraisal Resources

Because in the subjective world of art, establishing value is essential, especially when it comes to protecting your investments. In this post we explore art appraisals' critical role in the context of insurance. This process starts by determining the artwork’s value.

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. An insurance appraiser is someone who evaluates the value of precious jewelry, much like the process of evaluating the worth of property.

article thumbnail

Replacement Value Appraisal vs. Fair Market Value Appraisal: Understanding the Difference

ValuePros Appraisal Services

When it comes to assessing the value of personal property, two commonly used methods are the Replacement Value Appraisal and the Fair Market Value Appraisal. Key Points: – Replacement Value Appraisal focuses on the cost of acquiring a similar item in the present market.

article thumbnail

Insurance: Protecting Your Collection

Art Peritus

Desantis Should You Consider Insurance? Surprisingly, many collectors of “passion assets” don’t think to protect these valuables with insurance. However, in truth there is no “minimum value” to mandate insuring one’s treasured valuables and virtually ALL collections can benefit substantially from being insured.

article thumbnail

Insurance Appraisals: Safeguarding Your Art Assets

JSK Fine Art Appraisals

Art holds immense value, both sentimental and financial, and protecting your art assets is paramount. In this blog post, we explore the crucial role of insurance appraisals in safeguarding your art collection, providing insights into why this process is indispensable for every art enthusiast and collector.

article thumbnail

The Essential Guide to Jewelry Appraisal and Insurance

Buckhead Jewelry Appraisers

Getting jewelry insurance is a responsibility that goes with owning fine jewelry. Having jewelry insurance ensures the protection of your jewelry from financial loss due to theft, loss, or damage. Jewelry appraisal for insurance is the most essential requirement for getting jewelry insurance.

article thumbnail

need an insurance appraisal update?

Drishti LLC Appraisers

​A client recently called us to update an insurance appraisal for original Andy Warhol prints. A previous appraisal from two years ago was available, however, the insurance company insisted on a new appraisal. You might wonder why insurance companies, such as Pure Insurance ( [link] ) or Huntington T.