COMMON PIECES
What an insurance appraisal covers
Appraisal Services
Protect the pieces that mean the most.
A written insurance appraisal from Day's Jewelers — accurate replacement valuations, prepared by GIA-certified gemologists, with direct coordination with your insurance provider.
One of the quieter acts of care.
There are pieces you'd replace if you could. And pieces you couldn't imagine replacing — but would need to, if the worst happened.
A written insurance appraisal ensures that if a piece is ever lost, stolen, or damaged, the process of recovery is as straightforward as possible — and that the value documented reflects what your jewelry is genuinely worth today, not what you paid for it years ago.
We make the process simple. Our GIA-certified gemologists prepare thorough written appraisals that meet insurance industry standards, and we're happy to coordinate directly with your provider so you don't have to navigate it alone.
The Process
Precise. Current. Insurer-ready.
Replacement value isn't a fixed number — it shifts as gemstone and metal markets move. Our appraisers access live worldwide market data to establish what it would cost to replace your piece with something of comparable quality today.
That figure is what your insurance policy should reflect. Each written appraisal includes everything your provider needs to establish or update your coverage.
- Complete piece description
Detailed documentation of each item including materials, construction, and condition. - Gemstone identification & grading
Cut, clarity, color, and carat weight assessed using professional gemological instruments. - Metal assessment
Identification and purity testing of all metals present in the piece. - Current market valuation
Fair market value established using live access to worldwide jewelry market data. - Gemologist certification
Signed documentation from a GIA-credentialed Graduate Gemologist.
Engagement Rings & Wedding Bands
Often a couple's most valuable piece of jewelry and among the most commonly lost or stolen. An up-to-date appraisal ensures your coverage reflects current diamond and metal market values.
Inherited Jewelry
Pieces passed down through family often carry significant value that hasn't been formally documented. An insurance appraisal establishes replacement value so the piece can be properly covered.
Recent purchases
A new piece deserves current documentation. Retail prices don't always reflect replacement value — a professional appraisal ensures your policy is accurate from the start.
Existing collections
If your jewelry hasn't been appraised in two or more years, your coverage may no longer reflect its current value. Markets shift — your documentation should keep pace.
We Handle the Details
You shouldn't have to navigate this alone.
Dealing with an insurance claim after a loss is already difficult. We work to make the appraisal side of it as seamless as possible.
Our written appraisals are structured to meet the documentation requirements of major insurance providers — and we're happy to coordinate directly with your company, supplying the information they need in the format they require.
Whether you're establishing new coverage, updating an existing policy, or filing a claim, we're prepared to help. If your insurer has specific requirements, let us know before your appointment and we'll make sure your documentation addresses them.
Insurance appraisal FAQs
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Most jewelry insurance policies cover loss, theft, and accidental damage — but what they pay out is based on the documented replacement value in your appraisal, not what you paid for the piece or what you believe it's worth.
An accurate, current appraisal is the foundation of meaningful coverage. Without it, you may be underinsured without realizing it.
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Replacement value is what it would cost to replace your piece with something of comparable quality, cut, and materials at today's market prices.
Our gemologists access live worldwide jewelry market data to establish this figure — which means the valuation reflects current gemstone and metal prices, not what the piece cost when you bought it or had it last appraised.
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Every two to three years is the standard recommendation, as gemstone and precious metal markets shift over time. If your appraisal is more than three years old, your coverage may no longer reflect your jewelry's current replacement value — leaving you underinsured in the event of a claim.
We recommend reviewing your documentation on the same cycle you review your insurance policy.
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Yes. We're happy to coordinate directly with your provider and supply the documentation they require.
Our appraisals include gemstone identification, metal assessment, current market valuation, and full piece descriptions — everything most insurers need to establish or update your coverage.
If your provider has specific format requirements, let us know before your appointment.
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A receipt documents what you paid — it doesn't establish replacement value. These figures are often different, and insurance policies pay based on replacement value, not purchase price.
A professional appraisal is the only document that establishes what it would actually cost to replace your piece today.
Need an estate appraisal instead?
If you're settling an estate, planning for inheritance, or need documentation for probate, our estate appraisals establish fair market value and meet the standards of estate attorneys and probate courts.
READY TO BEGIN
Schedule your appraisal.
Use the form below to request an appointment at your nearest Day's location.
Our team will coordinate the details with you before your visit.