Hi,
I just purchased insurance for my new e-ring via a jewelry rider to my Homeowner''s policy. While they asked me the Color, Clarity and carat size, they did not require an appraisal. They told me that I would be cut a check for the replacement value should something happen to the ring. I am having the appraisal done tomorrow. They said that I could send a copy of the appraisal for their files as well as the GIA certificate, but that it was not required. The rep stated that at the time of a loss, they would look at an appraisal then. Does that sound right? Any down side to me sending a copy of the appraisal and GIA certificate now? Thanks.
I just purchased insurance for my new e-ring via a jewelry rider to my Homeowner''s policy. While they asked me the Color, Clarity and carat size, they did not require an appraisal. They told me that I would be cut a check for the replacement value should something happen to the ring. I am having the appraisal done tomorrow. They said that I could send a copy of the appraisal for their files as well as the GIA certificate, but that it was not required. The rep stated that at the time of a loss, they would look at an appraisal then. Does that sound right? Any down side to me sending a copy of the appraisal and GIA certificate now? Thanks.