Why You Should Consider An Antique Appraisal For Your Collection

ues are widely collected and, as such, are veryAn antique appraisal, much like any other, will contain
valuable. Everything from glassware to paintings andan image of the item(s) being valued, a description
even furniture, antiquities are the hobby of choice forand a value for either each separate piece or the
many collectors. If you collect antiques of any kind,entire group as a whole. When seeking an antique
you will want them to be protected just as youappraisal, it is best to select a professional who has a
would any other item in your household. This is onelot of experience in the field of antiquities. Not just
of the reasons why you may need an antiqueany experience, however, but experience in the field
appraisal.directly related to your items. For instance, you would
When it comes to protecting your investment againstnot want a furniture expert to give you an antique
theft, fire or other misfortune, you may need yourappraisal on your glassware. Instead, you would put
antique appraisal to secure insurance for your prizedmore reliance on an antique appraisal for glassware
antiques. Because collections are not always coveredfrom an expert in that field.
under a general home insurance policy, manyAn antique appraisal can be expensive, which is why
individuals are unaware that they may need toit’s important to shop around and compare
purchase a separate rider policy if they are toprices from several different professionals. It is
protect their investment.important to video your entire collection, as well as
A rider policy is simply a separate policy, which istake your own photographs and write down
added to your home insurance and protects thedescriptions of each item prior to handing your items
items covered in the event of a disaster. Whenover to an appraiser. If the unthinkable should ever
insuring anything, including antiques, the insurancehappen and your collection becomes lost, damaged or
company will want to know the value of the itemsstolen, you will be glad that you had an antique
being covered. To that end, it is often necessary toappraisal and applied the items to your
get a professional antique appraisal of every itemhomeowner’s insurance policy as a separate
that you want included under the rider policy. Thisrider policy. In some instances, antiques and other
antique appraisal can be presented to the insurancecollectibles may be covered under a general policy
agent, who will make a copy and return the originaland may not actually require a rider policy, but this is
appraisal to you for your records.best discussed with each individual insurance agency.