HomeJewelry is not automatically covered on most homeowner's insurance policies and often must be listed as separately based on appraisals performed by a qualified professional. The appraisal is used as a basis for establishing a proper replacement value. It is critical that the appraisal consist of detailed and accurate information with photographs. Items valued over $500 generally require an insurance appraisal; however this figure varies according to each insurance company. We are a nationally approved jewelry appraiser for companies such as State Farm, Allstate and Farmers Insurance.
Our Appraisal Service
We offer fine jewelry appraisals that include a full description and picture. Diamonds and gemstones are carefully measured and evaluated on-site. Depending on the complexity and number of items, we may need to keep your jewelry to adequately document a thorough report.
Updating Your Appraisals
Most insurance companies recommend that you have your appraisal reports updated every two or three years. Please keep in mind you should have items with large gemstones (especially diamonds) updated more often than a gemstone free item.
Costs of Appraisals
Our fees are relative to the amount of time required to appraise. Generally we charge $60.00 for the first item and $30.00 for each additional item. Our price is variable depending on the detail of the item. Estimates on detailed items will be quoted in person. If you have an estate of many items, or more than 3 pieces please contact us for a price quote.
Jewelers Mutual Insurance Company
Jewelers Mutual was founded by jewelers in 1913 and remains the leading insurer for the jewelry industry. Jewelers Mutual provides coverage for personal jewelry for residents throughout the U.S. They are licensed in all 50 states and in Canada.