What is the difference between an appraisal and inspection?
An appraisal or evaluation provides a complete description of the jewelry along with the current retail replacement value. To acquire jewelry insurance, your jeweler must appraise the items you want insured. Unlike other insurance companies, we recommend periodic inspections of your insured jewelry. A jeweler will inspect your jewelry for damage and normal wear and tear such as loose stones, faulty clasps, and worn prongs. The jeweler will also update values, if necessary. Some jewelry values increase over brief periods of time. Jewelry inspections are important for maintaining current values and preventing potential losses. In addition, the inspection is a great opportunity to have your jewelry cleaned.