Jewelry Appraisals
Although some premium insurance policies update values on your insured jewelry annually, most do not. The majority of homeowner’s insurance policies require an updated appraisal of your fine jewelry in order to extend full, current coverage to them. Due to the fluctuation in prices of gemstones and precious metals, your insured pieces should be appraised once every 2-5 years so that you have an accurate valuation of their estimated retail replacement cost.