Jewelry Appraiser Beverly Hills

Many people are entirely unaware of how much their jewellery collection is worth. The minimum that a normal household owns - two plain gold wedding bands alone can exceed the usual jewellery insurance coverage you may have under your homeowner's policy. How can you insure your jewellery against loss or theft? The most cost-efficient and simplest way is to add each item individually to your homeowner's policy under a separate ‘rider’ or clause. This is a very simple procedure and could save you thousands in the event of a loss or theft. So how can you find a good jewellery appraiser in Beverley Hills to value your items?

The initial step is to find a certified appraiser who is qualified to write an accurate appraisal. You may want to check the credentials of the person that you choose. It is not a requirement by the state or federal government agency that a jewellery appraiser have any gemological training whatsoever so it is important to check the education of the jewellery appraiser, Beverley Hills before taking your valuable articles for appraisal.

When you have an accurate and up-to-date appraisal notify your insurance broker and have the jewellery items included in your existing policy. There will be a small additional cost associated with this increased protection coverage but it is well worth the peace of mind and added security. Your jewellery appraiser, Beverley Hills can even arrange this for you.

If you are thinking of taking it to a jewellery store for an in-store jewellery appraisal then keep in mind that the appraiser is on the store payroll and it is entirely possible that the appraisal could be increased in order to make the store look good and also to make you feel better that you have received a great deal. It is not uncommon to see in-store appraisals that are inflated to two and three times the retail value of the item. The result of this is to unnecessarily increase your insurance premiums and to try and recoup an inflated appraised value from the insurance company for an article of jewellery that has been lost or stolen can be very difficult. It is far better to get an independent jewelry appraiser in Beverley Hills to do a scientific evaluation.

An independent jewellery appraiser, Beverley Hills is one who does not sell diamonds, gemstones or jewellery and solely does appraisals for an income. It is definitely worthwhile to consider getting your item independently appraised. If the item that you purchase comes with a certification from an accredited laboratory then it is still a good idea to have an independent appraiser substantiate that report.

The purchase of fine jewellery is a major investment and should be insured like other valuable items that you may own like your car and household effects. Assuming that your jewels are automatically covered by a blanket homeowner's insurance policy is a dangerous assumption. Although many homeowners’ insurance policies do include limited jewellery coverage, this amount is also subject to your homeowner's deductible so you are going to seriously lose out in the event of a loss.