Expert Graduate Gemologists and Highly Trained Appraisers
Questions for YourInsuranceInsuranceAgent
The primary basis for your insurance coverage and the settlement of any claim you file is the appraisal that you provide to bind coverage and the specific wording in your policy. The jewelry item is insured, not the replacement value. If you ask for a cash payout rather than replacement jewelry, you may not be paid the appraised replacement value; but your premium will be based on it. That means that accurate, detailed descriptions and carefully researched values will assure that you are fully protected and not paying too much. Gemologically Speaking will provide you with exactly that.