Tag:

Appraisals

The ABCs Of Insurance Coverage For Jewelry, According To Advocate Brokerage The ABCs Of Insurance Coverage For Jewelry, According To Advocate Brokerage
The ABCs Of Insurance Coverage For Jewelry, According To Advocate Brokerage WESTCHESTER COUNTY, N.Y. -- Last Valentine’s Day roughly $4 billion was spent on gifts of jewelry. Since sparkling presents have become such a popular gift item at this time of year, we at Advocate Brokerage decided to do our best to review the ABCs of insurance coverage for jewelry. A is for Appraisals The markets for gold and precious stones fluctuate frequently, so Advocate Brokerage recommends re-appraising every 3–5 years. If you do not have an up to date appraisal and your jewelry is lost or stolen, you may not be able to receive the full value of the item when you file a claim. If…