clearfading
Shiny_Rock
- Joined
- Mar 29, 2016
- Messages
- 318
Upon the advice of many posts, I told the jeweler I got an appraisal from what I paid for the center stone and that I didn't want an inflated appraisal. He said he'd look for comparable stone prices and Rap sheet and etc etc. The appraisal with a platinum solitaire setting came back at $26,930.00. That is a $351/year policy with jewelers mutual with a $100 deductible. When I picked up the appraisal he said it could have gone upwards well to 30k.
So, how do I know if I am overpaying in premiums to jewelers mutual from an inflated appraisal? What should I ask for it to appraise for? (I have confidence if I asked them to adjust it down they would) I definitely don't want to be overpaying to JM but I love this stone and want something comparable if something were to happen. Thanks!
So, how do I know if I am overpaying in premiums to jewelers mutual from an inflated appraisal? What should I ask for it to appraise for? (I have confidence if I asked them to adjust it down they would) I definitely don't want to be overpaying to JM but I love this stone and want something comparable if something were to happen. Thanks!