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Why do you need to have extra insurance coverage for fine art & jewelry?

International Society of Appraisers

” Specifically, many people may not realize that traditional homeowners insurance policies typically have coverage limits that may not be sufficient to adequately protect high-valued property such as fine art, jewelry, or luxury items. Their expertise ensures that the valuation is accurate.

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Passion Assets: A True Love of Collecting

Art Peritus

The term collectionor more specifically, art collectionoften evokes thoughts of fine art and antiques. This makes it critical to secure proper coverage. Several nuanced factors determine the value of passion assets, including rarity, quality, condition, and provenance.

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The Importance of Contemporary Art Appraisals

Art Appraisal Resources

When Might You Need a Contemporary Art Appraisal? Art Acquisitions Art collectors, museums, galleries, and private individuals interested in purchasing contemporary Paintings, Sculpture, Photography, or Fine Art Prints might seek an appraisal to ensure they make an informed investment.

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Should I Have My Antiques Appraised for Insurance Purposes?

Harrison Appraisals

Market fluctuations and rarity can have a big impact on antiques and collectibles. A current appraisal will help ensure that your insurance coverage is appropriate, and that you’re not paying high premiums for something that has actually depreciated in value over time.

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How to Find and Choose and Antiques Appraiser Near You

Penrose Appraisals

The determination involves consideration of various key factors such as age, rarity, and provenance that all can influence an item's worth. Reasons to Seek and Antique Appraisal There are various reasons that someone might need or want an appraisal: Insurance coverage. An integral part of this process is the certified appraiser.