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https://www.jewelersmutual.com/the-jewelry-box/how-much-should-jewelry-appraisal-insurance-cost
Jul 14, 2021 · In the case of jewelry, if you have an inaccurate appraisal, you may not recover enough funds from an insurance claim to actually replace your piece at fair market prices. If you have an incomplete jewelry appraisal, what you know to be your cherished jewelry may not be how the insurer interprets the brief description of your piece.Author: Jessica Vandenhouten
https://nelsoncoleman.com/jewelry-appraisals-for-insurance-the-what-why-and-how-often/
Jun 11, 2018 · To have your jewelry insured you need an appraisal. Independent jewelry appraisers record the weight, material, markings, quality and rarity of a gem, and the manufacturing. The appraiser uses this information to determine the current value of your jewelry. That is the value your insurance company will cover.Estimated Reading Time: 3 mins
https://www.gemsociety.org/article/jewelry-and-gemstone-appraisals-for-insurance/
An appraisal is a detailed description of a piece and an assessment of its value based on market research. Insurance providers usually require appraisals for jewelry and gem riders. For each piece, appraisals should give a “retail value,” the replacement value, and a “wholesale value,” the cash or liquidation value.
https://www.jewelersmutual.com/the-jewelry-box/ring-appraisal-insurance-what-you-need-to-know
Apr 20, 2021 · Right off the bat, let's clear up some of the most common misconceptions surrounding jewelry appraisals for insurance. Myth: You don’t need an appraisal if you have a credit card receipt that shows how much you paid for the jewelry item. Truth: A credit card receipt likely won’t provide enough information. Insurance usually requires a detailed description of your jewelry, which you are more …Author: Jessica Vandenhouten
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