Most jewelry appraisals are done for obtaining insurance coverage. If you have jewelry to insure, then you will most likely need an appraisal. Consult with your insurance agent for more information. An insurance appraisal is used to determine the retail replacement value of a jewelry item. Most insurance companies provide a minimum amount of jewelry coverage under a client’s homeowner’s policy. Other insurance companies require a separate personal properties policy for coverage. Check with your insurance agent to see what is covered and how much. For any item valued at $1,500 or more, we recommend that it be insured. Most engagement rings and wedding sets fall into this category. Also, if you have any item that you consider to be priceless that means a lot to you, it is strongly recommended that you insure it. Talk to your insurance agent. You will be pleasantly surprised at how affordable it is to insure your jewelry.