 |
 |
 |
| |
|
Have
you experienced a loss or damage
to your jewelry? Our staff insurance
replacement consultant, Eric Racoma,
is skilled in providing expert advice
on
how to work most effectively with your
insurance company to receive the maximum
benefit to you and insure your jewelry
is
replaced or restored to original specifications.
Call Eric at 414-281-0500 for a consultation.
Shopping
for Jewelry Insurance?
Questions
To Ask Your Insurance Agent
Before you call up the agent who insures
your home
or your car and simply have your jewelry
covered, there
are some questions you should ask. Jewelry
insurance is
a specialized field. If you don't like
the answers go elsewhere,
shop around until you get the answers
you want. Listed below
are some questions that you might ask
an insurance agent. |
|
- Is
an appraisal necessary for
full coverage?
- What
is the difference between
scheduled and unscheduled
coverage?
- Is
there a deductible? If so,
how much? Do I have the option
to increase the deductible
and thus lower the premium?
- Is
my policy all-risk (partial
loss, damage, mysterious disappearance,
etc.)?
- Am
I still covered if there is
negligence or carelessness
involved?
- Is
the item covered if lost,
stolen or damaged while in
the possession of someone
else?
- If
there is a loss, do I have
a choice of a full cash-out
or will I have to accept less?
- Can
I go to whomever I wish for
the full replacement?
- If
a loss has been replaced through
an insurance company source,
will I be allowed to
verify proper replacement
by an independent firm or
accredited appraiser?
- How
much will it cost per thousand
for full coverage? Partial?
What do I sacrifice for the
limitations?
- Is
depreciation ever imposed?
To what and how is it computed?
- How
often should I have an appraisal
update?
- Am
I limited to the appraised
replacement cost should there
be a sizable increase in the
value?
- If
there is damage to a piece,
can I replace it or will I
be limited to repair?
- What
if the lost item is irreplaceable,
like an antique?
- Are
there any security precautions
required? If not, would there
be a premium savings if special
precautions were taken, e.g.,
the items were kept in a home
safe or in a safety
deposit box when not being
worn?
- What
proof is needed to justify
a claim?
- Will
the insurance cover an additional
amount for matching a missing
item in a set if it
hasn't been computed and stated?
|
|
| |
|
|
|
 |
|
 |
|
|
