Many insurance companies exclude replacement coverage for art and antiques from personal property policies unless the items are  individually scheduled. It is important to read your policy and know its coverages and exclusions. An appraisal report will document your property and establish replacment values that will help expedite the claims process in the event of a loss.

An appraisal report is a formal written document that is fully researched and illustrated. It should be prepared by a specialist appraiser or one who has demonstrated knowledge in the category to be appraised. It should include the following essential facts:

1. Name and address of insured and/or claimant, and relevant policy or case numbers.
2. Name of owner of property if different from above.
3. The effective date of appraisal and date of inspection.
4. Location of the property.
5. Type of valuation used and analysis of market.
6. Definition of the appraisal terminology employed.
7. Intended use or purpose of the appraisal report.
8. Detailed description of the items.
9. Condition of items.
10. Value of the items based on the specified marketplace.
11. Outline of methodology used in developing value.
12. Signature of the Appraiser or Appraisers.
13. Statement outlining USPAP compliance.
14. A Statement of any limiting or hypothetical conditions and assumptions.
15. Certification of the Appraiser's disinterest, terms of employment and fee structure.
16. Statement of Appraiser's qualifications.

• Expert Witness Testimony
• Deposition Transcript Review
• Court-Ready Documentation
• Detailed Scheduled Property Reports
• Diminished Value Reports
• Hypothetical Reports
• International Market Research and Analysis