Insurance Appraisals

Insurers want to know the retail replacement value of your art to identify the appropriate level of coverage in an insurance policy and calculate figures for damage and loss claims.

The purpose of this appraisal is so that you have the right amount of coverage to replace your art with a similar item in a relatively short amount of time. Typically, this is the highest of all appraising values because likely they would have to pay the full retail price to replace your art in a timely manner.