Hello!Insurance Appraisals
At LexBrilliance, we provide professional insurance appraisals to protect your fine jewelry and watches in the event of loss, theft, or damage. Accurate appraisals are essential for proper insurance coverage, and our reports are designed to meet the highest industry standards.
Our appraisal reports include:
Detailed descriptions of each item, including metals, gemstones, and unique characteristics
High-resolution photographs
Market research to determine accurate Retail Replacement Value (RRV), as defined by professional appraisal standards: the cost to replace an item with a comparable one of similar quality, condition, and age in today’s market.
Why accurate appraisals matter:
Determines the upper limit of insurance coverage and ensures fair premiums
Provides a detailed record for insurance claims, supporting replacement or cash settlement
Prevents over-insurance (paying unnecessarily high premiums) and under-insurance (insufficient coverage during a loss)
Common situations for insurance appraisals:
Obtaining coverage for personal or inherited jewelry
Understanding replacement value for estate or gift items
Post-loss or damage assessments
Our process at LexBrilliance:
Jewelry is examined in a secure environment; stones remain in their settings.
Detailed measurements, grading, and condition assessments are conducted.
Market research is performed to determine accurate replacement values.
A comprehensive, defensible appraisal report is delivered, typically within 1–2 weeks depending on the assignment and complexity.
We recommend updating insurance appraisals every 2–5 years, as the value of gold, gemstones, and watches fluctuates over time. All evaluations are performed by trained appraisers with a deep understanding of the jewelry market, ensuring reliable, professional, and defensible valuations.