- Joined
- Mar 2, 2013
- Messages
- 6,307
Don’t want to derail another thread with this, but thought it would be helpful for consumers to know what they should ensure is reflected on/included with their jewelry appraisal when obtaining such for insurance purposes, and obtaining jewelry insurance.
For example, if one’s insurance policy is to “replace like with like” in the event of a loss, I would think it behooves consumers to provide (in addition to the lab report and appraisal) the ASET, IS, Hearts & Arrows images, Sarin Report, HCA score (e.g., screen shot) to the insurance company?
What about the jewelry itself ... for example, if my appraisal states my ring was specifically made by Sholdt, does that obligate the insurance company to have the setting remade by Sholdt, or can/do they still use someone else to recreate it?
Would this ensure the insurance company has a basis for what the ‘minimum’ starting point for any replacement should be? Would/do they reasonably honor that, if provided?
What have you provided your jewelry insurance company with when taking out a policy?
I’m actually calling my insurance company to ask these questions in the next day or so, and will be happy to report back with what they say, but thought it’d be a helpful discussion for the community at large.
For example, if one’s insurance policy is to “replace like with like” in the event of a loss, I would think it behooves consumers to provide (in addition to the lab report and appraisal) the ASET, IS, Hearts & Arrows images, Sarin Report, HCA score (e.g., screen shot) to the insurance company?
What about the jewelry itself ... for example, if my appraisal states my ring was specifically made by Sholdt, does that obligate the insurance company to have the setting remade by Sholdt, or can/do they still use someone else to recreate it?
Would this ensure the insurance company has a basis for what the ‘minimum’ starting point for any replacement should be? Would/do they reasonably honor that, if provided?
What have you provided your jewelry insurance company with when taking out a policy?
I’m actually calling my insurance company to ask these questions in the next day or so, and will be happy to report back with what they say, but thought it’d be a helpful discussion for the community at large.