Monday, March 16, 2009

Jewelry Appraisals

As of late, I've been seeing so many folks come by our store need a jewelry quote or a replacement value on an item. Of course, this peaks my curiosity and I ask them why....the answer is quite disturbing!

It seems with the job situation and the economy being what it is that many folks are being taken from their homes, businesses, vehicles, etc. Usually, most of these folks think that their home owner's insurance policy will cover their jewelry in case of theft. It will, but only to a small extent if you do not have a separte ryder policy for your jewelry (this only costs a few extra dollars per month on your insurance premium by the way)! If you do not have this type of extra protection, most home owner's policies only cover jewelry up to about a $1000, which in most cases, is not nearly enough.

What would most insurance agents tell you? They would say that you need to have all of your valuable jewelry appraised by a qualified jewelry appraiser and brought in to them so they may add it to your current insurance policy. It really doesn't cost that much to do either, considering what you stand to lose in case of theft.

Of course, we as well as many other qualified jewelers offer this type of "Jewelry Appraisal" service. I beg you folks, please get your jewelry appraised and then insured, it could save you thousands of dollars in the end. If you have any questions about appraisals or insurance, just drop me an email or give me a call! Until next time..


Bill Warren, Owner/Registered Gemologist Appraiser
The Gold Mine
545 Main St.
Hudson, NC 28638

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