How often are you updating appraisals?

[winnietucker]

My JM premium is due soon and it dawned on me that the last time I got my ACA appraised was pre-kids (so at least 3.5 years ago).

How often are we supposed to be doing this?

 

[Karl_K]

I check values a couple times a year to make sure we are covered,
If your values are good and your checking your prongs 5 years is fine or when insurance company asks for one.
A lot of people dont bother unless required to do so,
The key is keeping up on values,

 

[MissGotRocks]

My JM premium is due soon and it dawned on me that the last time I got my ACA appraised was pre-kids (so at least 3.5 years ago).

How often are we supposed to be doing this?

Look at similar diamonds on WF to see the current pricing. If it has changed significantly, you might want to consider a new appraisal.

 

[winnietucker]

I check values a couple times a year to make sure we are covered,
If your values are good and your checking your prongs 5 years is fine or when insurance company asks for one.
A lot of people dont bother unless required to do so,
The key is keeping up on values,

Look at similar diamonds on WF to see the current pricing. If it has changed significantly, you might want to consider a new appraisal.

I should be fine then! Values have actually gone down since I bought it so I’m safe.