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 Appraisal / Insurance problem
P:  11/6/2002 11:51:27 AM  
peterchristopher
peterchristopher

Rough Rock
Total Posts: 42
Last Post: 11/6/2002
Member Since: 9/25/2002
 
 		My insurance agent just told me that neither Commerce Insurance (if I insure the diamond through a renter's policy) nor Chubb will accept an appraisal of a loose stone. He is telling me I need to get it reappraised in its setting. I can do this if absolutely necessary but it seems like a waste of money to me since I got an appraisal of the loose stone through WhiteFlash when I bought the diamond.

Any ideas?

 
Posted:  11/6/2002 11:51:27 AM

 There are 2 replies to this message.  There are 2 replies on this page.
P: 11/6/2002 12:00:49 PM
Tarams
Tarams

Cut Rock
Total Posts: 228
Last Post: 12/21/2008
Member Since: 11/26/2001
 
 		I recently had the same problem with State Farm. I had a second ring I wanted to add to my policy, but only had an appraisal on the center stone. I even told them that the appraised value was more than enough to cover the entire ring, but they insisted that the whole ring had to be insured, and I would need a new appraisal. There was no way around it. Sorry!

Tara
Posted:  11/6/2002 12:00:49 PM
P: 11/6/2002 12:23:52 PM
peterchristopher
peterchristopher

Rough Rock
Total Posts: 42
Last Post: 11/6/2002
Member Since: 9/25/2002
 
 		Thanks. That's really silly but what can you do.

Posted:  11/6/2002 12:23:52 PM

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