{"id":84,"date":"2025-07-03T07:30:00","date_gmt":"2025-07-03T13:30:00","guid":{"rendered":"https:\/\/www.bacon-insurance.com\/blog\/?p=84"},"modified":"2025-07-02T08:42:40","modified_gmt":"2025-07-02T14:42:40","slug":"bacon-bit-the-importance-of-keeping-your-jewelry-appraisals-up-to-date","status":"publish","type":"post","link":"https:\/\/www.bacon-insurance.com\/blog\/bacon-bit-the-importance-of-keeping-your-jewelry-appraisals-up-to-date\/","title":{"rendered":"Bacon Bit: The Importance of Keeping Your Jewelry Appraisals Up to Date"},"content":{"rendered":"When was the last time you had your valuable jewelry appraised? Whether it\u2019s an engagement ring, a family heirloom, or a fine watch, staying on top of your jewelry appraisals is one of the smartest ways to protect your investment and your peace of mind.<br \/><br \/>Why an Updated Appraisal Matters<br \/>Jewelry values don\u2019t stay the same forever. The price of gold, diamonds, and gemstones can fluctuate significantly over time. If your appraisal is over 5, 10, or even 15 years old, you could be underinsured \u2014 which means you may not receive the true replacement value if you ever need to file a claim. An updated appraisal ensures your insurance accurately reflects the current market value of your pieces. This means you\u2019ll get the right amount to repair or replace your jewelry in case of loss, theft, or covered damage.<br \/><br \/>Could an Updated Appraisal Save You Money?<br \/>Here\u2019s something many people don\u2019t realize: if the value of your jewelry has decreased, an updated appraisal could actually reduce your insurance premiums. Since your coverage amount is based on the appraised value, a lower value means it may cost less to insure \u2014 putting money back in your pocket while keeping you properly protected.<br \/><br \/> Are You Relying on Your Homeowners Insurance?<br \/>Many homeowners assume their jewelry is fully covered under their standard homeowners insurance policy, but that\u2019s not always the case. Most home policies cover personal property up to a certain limit, but they typically have a sub-limit for jewelry, which can be as low as $1,000.<br \/>This means if your $10,000 ring is stolen, you might only receive $1,000 \u2014 and that\u2019s before your deductible applies.<br \/>Additionally, if your jewelry isn\u2019t specifically scheduled (listed) on your policy, losses like mysterious disappearance \u2014 when a piece simply goes missing \u2014 often aren\u2019t covered at all.<br \/><br \/>Schedule Your Jewelry for Better Protection<br \/>To ensure you have the right coverage, talk to your insurance agent about scheduling your valuable jewelry on your homeowners or renters policy. This often provides broader protection, including coverage for mysterious disappearance, and eliminates your deductible for jewelry claims.<br \/><br \/>Protect What Matters Most<br \/>Your jewelry holds not only financial value but also sentimental meaning. Don\u2019t leave its protection to chance \u2014 make updated appraisals a regular part of your insurance plan.<br \/>Need help reviewing your current jewelry coverage or finding a trusted appraiser? Contact our office today. We\u2019re here to help you make sure you\u2019re properly covered, no matter how much your treasures are worth.<br \/>","protected":false},"excerpt":{"rendered":"<p>When was the last time you had your valuable jewelry appraised? Whether it\u2019s an engagement ring, a family heirloom, or a fine watch, staying on top of your jewelry appraisals is one of the smartest ways to protect your investment and your peace of mind. Why an Updated Appraisal MattersJewelry values don\u2019t stay the same [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[17,18,7,19,11,16],"class_list":["post-84","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-appraisals","tag-bacon","tag-bacon-insurance-group","tag-homeowners","tag-insurance","tag-jewelry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.bacon-insurance.com\/blog\/wp-json\/wp\/v2\/posts\/84","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bacon-insurance.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bacon-insurance.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bacon-insurance.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bacon-insurance.com\/blog\/wp-json\/wp\/v2\/comments?post=84"}],"version-history":[{"count":1,"href":"https:\/\/www.bacon-insurance.com\/blog\/wp-json\/wp\/v2\/posts\/84\/revisions"}],"predecessor-version":[{"id":85,"href":"https:\/\/www.bacon-insurance.com\/blog\/wp-json\/wp\/v2\/posts\/84\/revisions\/85"}],"wp:attachment":[{"href":"https:\/\/www.bacon-insurance.com\/blog\/wp-json\/wp\/v2\/media?parent=84"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bacon-insurance.com\/blog\/wp-json\/wp\/v2\/categories?post=84"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bacon-insurance.com\/blog\/wp-json\/wp\/v2\/tags?post=84"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}