Hi again all,
I am not sure if I''m posting this in the right place, so please feel free to suggest a more appropriate forum if there is one.
I was poking around through my jewelry collection, and I realized that while I don''t own any large diamonds, (biggest one is about 71 pts I think)each piece that I own, would cost a few pennies to replace if they were to get lost, stolen, or damaged in some way.
While each piece might not be worth insuring by itself, if you have ten or more pieces, you might want to consider insuring your jewelry collection.
I have never considered this before and thought I would ask if there are particular insurance companies that are better for this type of insurance, if there are different types of insurance to investigate, and how much I could expect it to cost to have an entire collection of jewelry "appraised" rather than go piece by piece.
For instance, I have a little heart pendant that contains perhaps 50 one point diamonds. It would not fetch much at a pawn shop, but if I tried to replace it would cost at least $300. Well, if I had 10 or 15 of them, it might make sense to insure the lot no?
Any input provided will be greatly appreciated.
This whole "quenching" escapade just got me thinking.
Thanks in advance,
~Eternal
I am not sure if I''m posting this in the right place, so please feel free to suggest a more appropriate forum if there is one.
I was poking around through my jewelry collection, and I realized that while I don''t own any large diamonds, (biggest one is about 71 pts I think)each piece that I own, would cost a few pennies to replace if they were to get lost, stolen, or damaged in some way.
While each piece might not be worth insuring by itself, if you have ten or more pieces, you might want to consider insuring your jewelry collection.
I have never considered this before and thought I would ask if there are particular insurance companies that are better for this type of insurance, if there are different types of insurance to investigate, and how much I could expect it to cost to have an entire collection of jewelry "appraised" rather than go piece by piece.
For instance, I have a little heart pendant that contains perhaps 50 one point diamonds. It would not fetch much at a pawn shop, but if I tried to replace it would cost at least $300. Well, if I had 10 or 15 of them, it might make sense to insure the lot no?
Any input provided will be greatly appreciated.
This whole "quenching" escapade just got me thinking.
Thanks in advance,
~Eternal