| Antique Jewelry or old fashioned jewelry as it is | | | | Make sure your policy will cover you for loss and |
| often referred to is jewelry that is of a certain age | | | | damage and also check if you will still be covered |
| usually over 70 years old. Antique jewelry is | | | | should the loss or damage happens when you are |
| treasured as it has often been handed down through | | | | out of the country. |
| generations holding memories and meaning. | | | | Check that you will be reimburse for the items full |
| Many people buy antique jewelry as an investment, | | | | replacement cost and will you receive a replacement |
| this is because like land its value will increase over | | | | piece of jewelry or could you opt for a cash |
| time so the older the piece of jewelry is the more | | | | settlement. |
| expensive it will be. | | | | Quite often your insurance company will ask for an |
| If you are lucky enough to have been handed down | | | | appraisal before they allow you to take out the |
| or have purchased a piece of antique jewelry | | | | insurance to cover your antique jewelry. Check if this |
| whether it is a necklace, ring or broach it is strongly | | | | is something you can arrange yourself or if it is |
| recommended that you insure your treasured piece. | | | | something your insurance company will need to |
| You may assume that your antique jewelry is | | | | arrange. |
| covered by your home insurance however this is not | | | | Will you have to pay an excess, if you lose or |
| always the case, quite often your home insurance will | | | | damage you antique jewelry and need to make a |
| cover you if your piece of antique jewelry is stolen | | | | claim will you have to pay a sum of money before |
| but it may not cover you is the is lost or damaged. | | | | the claim can go through, how will this effect your |
| Although you will never be able to replace the | | | | existing policy and most important how much is the |
| sentimental value of a piece of antique jewelry it | | | | excess. |
| may easy your mind if you can at least replace the | | | | If your insurance company does need your antique |
| item should it be lost. | | | | jewelry appraised then it is advisable that you |
| It is wise to read you insurance policy very carefully | | | | receive more than one appraisal so that you can |
| or contact your insurance company to ask if you are | | | | compare the estimates and know that you are |
| covered for this type of event. | | | | insuring your item for what it is actually worth, it is |
| If you current insurance policy does not cover you | | | | quite common to purchase a piece of jewelry one |
| fully for your antique jewelry then you may be able | | | | day and get an appraisal the next for a much higher |
| take out additional cover however it important to | | | | amount. I would recommend that you have an |
| know and understand the cover you are going to be | | | | appraisal done regularly and advise your insurance |
| paying for. | | | | company of any increase / decrease in value. |