1. Is an appraisal necessary for full coverage?
2. Will my claim, and the replacement value, be more readily accepted if
the appraisal has been performed by an AGS jeweler, Certified
Gemologist, or a Certified Gemologist Appraiser?
3. What is the difference between scheduled and unscheduled coverage?
4. Is there a deductible? If so, how much? Do I have the option to
increase the deductible and thus lower the premium?
5. Is my policy all-risk (partial loss, damage, mysterious disappearance, etc.) ?
6. Am I still covered if there is negligence involved?
7. Is the item covered if lost, stolen or damaged while in the possession
of someone else? What if only a part is lost, stolen or damaged while
in the possession of someone else?
8. If there is a loss, do I have a choice of a full cash-out or will I
have to accept less?
9. Can I go to whomever I wish for the replacement?
10. 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?
11. Is there a difference in limitation between jewelry and silverware?
12. Are there any geographical limitations to my coverage?
13. How much will it cost per thousand for full coverage? Partial?
What do I sacrifice for the limitations?
14. Is depreciation ever imposed? If so, to what and how is it computed?
15. How often should I have an appraisal updated?
16. Am I limited to the appraisal replacement cost should there be a
sizable increase in the value?
17. If there is damage to the piece, can I replace it or will I be limited to repair?
18. What if the lost item is irreplaceable, such as an antique?
19. 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 safe deposit box when not being worn?
20. What proof is needed to justify a claim?
21. Are there different kinds of jewelry insurance available?
22. Are there any exclusions?
23. What types of property are not covered?
