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DATE (MM/DD/YYYY) JEWELRY INSURANCE APPRAISAL--SINGLE ITEM CLIENT'S NAME AND ADDRESS DESCRIPTION OF ARTICLE(S) CLASS CODE # ITEM CODE DESCRIPTION EST REPLACEMENT VALUE OF $ Mounting: Karatage or %.

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A standalone jewelry policy will cover the value of the piece no matter if it's lost, stolen, or damaged. Borrowed Jewelry—If you borrow jewelry from friends or family, your policy may provide coverage if you experience a loss while it's in your possession.

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.

We recommend taking the piece to a jeweler to be tested. They will have professional tests that will determine whether your jewelry is real as well as the purity of the metal itself. A certified appraiser will be able to provide the value of the piece as well.

A jewelry appraisal can cost anywhere from $50 to $150, depending on the appraiser. In general, the average price of a jewelry appraisal is $75-$100. Some jewelry appraisers charge a flat rate per piece, while others will discount if you have numerous items of jewelry all needing to be appraised at once.

Insurance Values This value is typically 10% more than retail value. The reason being if the antique is ruined or stolen, read my tips to prevent property theft, you will need the retail value plus additional monies for appreciation in value and for your time to find another similar item.

Since the value of gemstones, metals and diamonds change so much, it is important to stay on top of this with routine appraisals to understand and claim the accurate value of your jewelry. To do this, most appraisers recommend updating your jewelry appraisal every 2 – 3 years.

In the jewelry industry, it's standard for appraisals to be inflated, usually at 100% above the retail value. In other words, the appraisal doesn't represent the true value of the diamond ring.

The appraisal tells your insurance company how much your jewelry is worth. If your jewelry is stolen or damaged, your insurance company can pay you the current value to repair or replace your valuables, minus your deductible, of course. It's easy to say the jewelry you got online is priceless.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232