Accredited Jewelry Appraisal in Falls Church, Virginia. Serving Washington DC, Maryland, and Northern Virginia

In the event of a loss, the policy holder is entitled to replacement (there’s that word again) in like, kind and quality. In order to be compensated adequately, the detailed description provided in the appraisal report becomes paramount! Of course, the value needs to be supported by the description as well and must also reflect the current retail market. If an item is evaluated too high, that means overpaying on insurance premiums. If it is undervalued, also referred to upside down, then the money received based on the appraised value will not cover the cost of replacement.