Selecting an AppraiserWhatever your collecting passion, an appraisal, or “valuation,” establishes the basis on which your insurance values are set. Outdated values could limit your ability to be fully compensated through your insurance policy in the event of a claim, so it is in your best interest to maintain updated appraisals. Use the information below to help you make informed choices when choosing an appraiser.
Timely Advice: Watch CareWatches are investments and invaluable heirlooms. By implementing a solid risk management program and taking the measures outlined below, you will be better equipped to help prevent immediate losses and preserve your collection for years to come.
Top Causes of Fine Art ClaimsWe are always looking for ways to help you protect your valued assets. One way we do this is by analyzing past claims. When we reviewed the fine art claims endured by policyholders, we learned a valuable lesson: the majority of losses could have been prevented.
Caring for JewelryMore than $1.1 billion worth of jewelry and precious metals are stolen annually, and less than four percent of items are recovered. While theft is also a leading cause of jewelry claims for customers, the biggest culprit is “mysterious disappearance”—losing track of items that often hold tremendous sentimental value on top of financial value.