Comments on: JISO 78/79 Jewelry Insurance Appraisal Form http://www.homeowners-insurance-guide.com/jiso-7879-jewelry-insurance-appraisal-form.htm All you want to know about renter's and homeowner's insurance. Thu, 04 Dec 2008 02:14:44 +0000 http://wordpress.org/?v=2.6.5 By: insurancewatch http://www.homeowners-insurance-guide.com/jiso-7879-jewelry-insurance-appraisal-form.htm#comment-15109 insurancewatch Thu, 28 Jun 2007 19:27:24 +0000 http://www.homeowners-insurance-guide.com/jiso-7879-jewelry-insurance-appraisal-form.htm#comment-15109 You are right in that having a jiso is no guarantee of a good job, but I think at a bare minimum they need to fill one out. And yes, it's a self-serving form, but ultimately you're getting it appraised so that you can get insurance coverage for it, so it's self-serving in a somewhat good way. You are right in that having a jiso is no guarantee of a good job, but I think at a bare minimum they need to fill one out.

And yes, it’s a self-serving form, but ultimately you’re getting it appraised so that you can get insurance coverage for it, so it’s self-serving in a somewhat good way.

]]> By: Tim http://www.homeowners-insurance-guide.com/jiso-7879-jewelry-insurance-appraisal-form.htm#comment-15060 Tim Wed, 27 Jun 2007 20:24:29 +0000 http://www.homeowners-insurance-guide.com/jiso-7879-jewelry-insurance-appraisal-form.htm#comment-15060 this doesn't necessarily guarantee anything. the key is to look at the qualifications of the appraiser. just b/c the person is a certified appraiser for pearls and can get the form from JISO doesn't mean they are qualified to appraise diamonds. look for certification of the appraiser for the specific items you are looking for. in the end, what you are trying to get is closest to replacement cost as you can without under valuating your assets; otherwise, you will be spending more on your premium than is necessary. also, remember that you may have bought a ring for $x, but the insurance company can easily replace it for less. don't let value ego get in the way of what the item is actually worth. remember, insurance companies deal in volume and have habitual relationships with jewelers, which entitles them to lower prices than normal joe can get. i really dislike the portion of JISO that states that it serves the insurance industry. that doesn't give me confidence that you are necessarily going to get the best valuation. sounds more like insurance price fixing to me and smells of joe public paying higher premiums than is necessary. this doesn’t necessarily guarantee anything. the key is to look at the qualifications of the appraiser. just b/c the person is a certified appraiser for pearls and can get the form from JISO doesn’t mean they are qualified to appraise diamonds. look for certification of the appraiser for the specific items you are looking for.

in the end, what you are trying to get is closest to replacement cost as you can without under valuating your assets; otherwise, you will be spending more on your premium than is necessary.

also, remember that you may have bought a ring for $x, but the insurance company can easily replace it for less. don’t let value ego get in the way of what the item is actually worth. remember, insurance companies deal in volume and have habitual relationships with jewelers, which entitles them to lower prices than normal joe can get.

i really dislike the portion of JISO that states that it serves the insurance industry. that doesn’t give me confidence that you are necessarily going to get the best valuation. sounds more like insurance price fixing to me and smells of joe public paying higher premiums than is necessary.

]]>