Veritas Art Appraisals

JUNE 13, 2022

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?”

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Insurance Insurance Policy Appraiser/appraisal Coverage 52

Art Peritus

SEPTEMBER 3, 2024

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.

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Insurance Collectibles Appraiser/appraisal Coverage 52

Art Appraisal Resources

JULY 13, 2023

Value matters and an art appraisal completed by a qualified art appraiser can save you substantial money by not selling too low, insuring too low, or paying too much in estate tax or equitable distribution. Insurance Purposes: Artwork can be a valuable asset, and it is essential to ensure that it is adequately insured.

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Appraiser/appraisal Insurance Estate Tax Authentication 130

Buckhead Jewelry Appraisers

APRIL 5, 2024

Aside from proving ownership, the main reason is often for insurance purposes to secure investment. It’s important to inform your insurer whenever you obtain new appraisals. They can be invaluable for proving ownership in legal or insurance claims. Insurance Coverage Your jewelry is an asset that should be protected.

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Appraiser/appraisal Jewelry Insurance Valuation 130

ValuePros Appraisal Services

MARCH 23, 2018

By Ray Nugent Fine Art Insurers require more frequent valuation updates for Fine Art items than other less dynamic markets. Insurers are keenly aware of this phenomenon and therefore, require regular valuations updates, typically, every 2-3 years. Coverage is relatively affordable.

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Insurance Valuation Appraiser/appraisal Fine Art 52

ASA Newsroom - Gems & Jewelry

JANUARY 7, 2024

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?

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Insurance Policy Appraiser/appraisal Insurance Coverage 52

Artifactual History Appraisal

SEPTEMBER 17, 2019

An appraised value for insurance may be significantly higher than an appraised value for planned future sale, which can be baffling and difficult to comprehend without a familiarity with the different levels of the market. It can sometimes be present in insurance policies, although in my experience it is much less frequently encountered.

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Retail Replacement Value Appraiser/appraisal Appraisal Reports Market Value 130

JSK Fine Art Appraisals

OCTOBER 15, 2023

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. Accurate Valuation for Adequate Coverage: The art market is dynamic, with values fluctuating over time.

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Appraiser/appraisal Insurance Coverage Valuation 40

Drishti LLC Appraisers

JULY 27, 2023

​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.

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Appraiser/appraisal Insurance Insurance Policy Coverage 40

Penrose Appraisals

DECEMBER 27, 2022

At some point, the collector needs to turn his or her attention to insuring what has been patiently and joyously gathered over the years. Most of us already choose to insure our homes if we own, or to buy renter's insurance if we rent. And some policies simply exclude art and collectibles outright.

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Insurance Policy Insurance Coverage Appraiser/appraisal 52

McAllister Fossum Appraisal Services

SEPTEMBER 19, 2019

Written by Kirsten Rabe Smolensky, JD, ISA CAPP As an appraiser, I have worked on a lot of insurance claims , including losses due to fire, theft, transit damage, and flood. The number one mistake most insureds make is not being prepared in advance. The insurance company requests an inventory of EVERYTHING inside.

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Appraiser/appraisal Coverage Insurance Fine Art 52

International Society of Appraisers

MARCH 14, 2025

For insurance replacement purposes, appraisers should consider where the client typically shops, which, in most cases, falls under the retail market. The insured needs to be made whole by replacing the 1925 Cartier ring with a comparable ring of similar qualities. Note that the definition of replacement cost comparable mentions age.

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Appraiser/appraisal Market Value Appraisal Reports Hypothetical Condition 52

ASA Newsroom - Gems & Jewelry

MAY 1, 2024

Tweet By Thomas Dawson, ASA Spotlighting five key areas appraisers need to know to be covered in ASA ’ s upcoming PP163 Property Insurance Fundamentals webinar. In the property insurance industry, appraisers play a vital role, particularly when it comes to claims.

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Appraiser/appraisal Insurance Policy Insurance Coverage 40

Art Peritus

FEBRUARY 17, 2023

Art Peritus recently sat down with Katja Zigerlig, Vice President, Art, Wine and Collectibles Advisory at Berkley One, a Berkley Company (WRB) to discuss the nuances of collecting and insuring Fine Art. It’s one of the most important documents a collector can have, along with purchase invoices, and an insurance policy of course.

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Appraiser/appraisal Insurance Coverage Consultation 52

ValuePros Appraisal Services

AUGUST 23, 2023

This type of appraisal is commonly used when insuring personal property, as it provides a realistic estimate of the funds needed to replace the item in case of loss, damage, or theft. – It is typically used for insurance purposes to ensure adequate coverage. – Determining the value of items for a potential claim.

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Appraiser/appraisal Market Value Insurance Coverage 52

La Jolla Gem Appraisal

JUNE 24, 2023

Protect Your Investment After purchasing a diamond, it’s important to consider insuring it. Accidents and theft can happen at any time, and it’s better to be prepared than to regret not having insurance. Look for a company with good customer reviews, a solid financial rating, and a policy that covers loss, theft, and damage.

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Jewelry Appraiser/appraisal Insurance Auction House 52

John Thomas Jewelers

MAY 19, 2023

Does insurance cover jewelry repair? Insurance and security. Do they have adequate insurance to cover any damage or loss that may occur? Does insurance cover jewelry repair? Insurance coverage for jewelry repairs depends on the specific terms and conditions of your insurance policy.

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Jewelry Insurance Coverage Consultation 52

Penrose Appraisals

JUNE 25, 2024

Whether you need a quick valuation for possible re-sale of your items, or you are looking for a more in-depth assessment for insurance or estate planning purposes, discovering a professional nearby is crucial. Reasons to Seek and Antique Appraisal There are various reasons that someone might need or want an appraisal: Insurance coverage.

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Appraiser/appraisal Equitable Distribution Insurance Coverage 52

GIA 4Cs

JUNE 10, 2025

Lastly, don’t forget to leave room in your budget for additional expenses, such as resizing, engraving, rush orders or ring insurance. Diamond Ring Insurance Costs It is highly recommended that you purchase insurance coverage for your ring. Top-level jewelry insurance policies can also cover theft, loss and damage.

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Quality Insurance Coverage Appraiser/appraisal 40

John Thomas Jewelers

AUGUST 17, 2023

Without a proper evaluation of your jewelry’s worth, you can’t get insurance coverage for it. Jewelry appraisals are required for most insurance policies. Jewelry stores often have in-house appraisers or work with external appraisers to determine the value of jewelry for insurance purposes.

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Appraiser/appraisal Jewelry Appraisal Reports Gemology 52

Fine Art Estates

JUNE 4, 2021

Three Insurance Experts Explain the Intricacies of Insuring Your Art Collection I am often asked by clients if they should cover their art under their homeowner’s insurance (HO) or if they should investigate insuring their art with a separate fine art collectors’ policy.

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Fine Art Insurance Coverage Appraiser/appraisal 130

WCG

JANUARY 30, 2025

The morning session was attended by 39 people and featured four in-depth 30-minute presentations that covered various topics, including contracting essentials, legal entity setup, business insurance, and taxation. Caseys presentation broke down insurance essentials alongside various types of insurance T Block offers.

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Insurance Fine Art Maker/Artist Coverage 52