Protect Your Investment With Diamond Appraisal Services

By: Vanscoy Diamonds

When a person makes a major new purchase for their home, one of the first things they do – if they remember – is to call their insurance agent and add the purchase to the list of items covered by their homeowner’s insurance. This protects them if there is a theft, fire or other disaster in the future. While this is good for new appliances and furniture, it is only the first step to protecting the value of their diamond engagement rings and other fine jewelry. The second, and far more important, step is to have their jewelry appraised on a yearly basis by a jewelry store that offers jewelry appraisal services.   [caption id="" align="aligncenter" width="355"]Protect your investment - Get an Appraisal Protect your investment - Get an Appraisal[/caption]   Outside of the house that a person buys to put all of their stuff into, everything they buy slowly depreciates in value over time. It is this list of valuation that an insurance adjuster will use when determining what size of a payout a customer is entitled to. Jewelry is one of the few items that a person will buy that does not only not depreciate in value, it actually grows in value over the course of ownership. If a person only lists the purchase price of it on their homeowner’s insurance form, if something were to happen, they would most likely not be paid out enough in their claim to afford to purchase a replacement item of the same size and material.   Fine diamond jewelry should be thought of as an investment and protected with the same care a person would bestow on any other mutual fund or 401K. A person who owns stock is going to keep an eye on their performance to make sure they continue to earn money for them; the same should be done with diamond engagement rings and the like. The difference, of course, is that a person will sell an underperforming stock in order to replace it with something better. Jewelry appraisal should be done yearly not because the customer wants to eventually get rid of their jewelry, but just in case something happens to it.   They say you can never be too careful. When it comes to one of the most important purchases in your life, it is important that you extend that care by having yearly jewelry appraisal services in order to protect your purchase and allow you to replace it if something were to ever happen to it.