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You Should Know the Worth of Your High-Value Jewelry.

Understanding the monetary value of your ring, bracelet, watch, or antique piece can give you peace of mind and help you get jewelry insurance to protect against theft, loss, or damage.
Complete our online form

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Complete our online form

Get connected to a local professional appraiser
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Get connected to a local professional appraiser

Visit in person to get your appraisal valuation
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Visit in person to get your appraisal valuation

Q&A

What is a jewelry appraisal?

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The appraisal is an official document detailing an examination. It features a detailed analysis of what the qualified jewelry appraiser looked at, how they came to their determination, and the final appraised value. They will compare the piece’s materials like metals and gemstones, condition, and other factors to similar items to give it a fair market value.

Why have your jewelry appraised?

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You may decide to have your jewelry appraised for several reasons. Most people get appraisals because they are required to obtain jewelry insurance to protect their high-value or antique jewelry pieces.

  • Jewelry appraisers check your piece for damage, which can help you receive the appropriate amount on a claim if the piece suffers additional harm.
  • An appraisal confirms your ownership of the piece.
  • The appraiser gives you a detailed description you can use to for jewelry insurance purposes, such as a claim.

How does getting connected to a Local Appraiser work?

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This is best illustrated with an example. If you are looking for an appraisal and you live in Woodbridge, Virginia. We will leverage our network to connect you with a trusted partner in that area. In this case, you may get connected directly with Chrysella Fine Jewelry and Diamonds. Chrysella would then perform the appraisal in-house in order to get the jewelry details and values properly documented for you.

How much does a jewelry appraisal cost?

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In-store jewelry appraisals generally cost between $65 and $200, depending on the piece’s complexity. You can get premium white-glove appraisal service from BriteCo for a $26 flat-rate fee, we also offer a generous 50% discount for each additional item. The price includes an expert assessment, and you’ll receive a digital copy of a certified, professional appraisal valuation PDF delivered via email.

How does the jewelry appraisal process work?

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BriteCo can connect you with a professional appraisal service from a jewelry store in your area so you can schedule an in-person visit. We handpick experienced experts with certifications and training from institutions like the Accredited Gemologists Association, the American Gem Society, and the American Society of Appraisers.

If you have documentation, you qualify for a BriteCo online appraisal. You’ll need to fill out a form with details about your jewelry piece, including the type, size, and karat or carat value. You’ll also need to upload images of your jewelry and your documentation.

What type of appraisals are there?

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Insurance Replacement Appraisal

Most jewelry appraisals are conducted for insurance purposes, and this is generally what you’ll be getting if you were to walk into a jewelry store and ask for an appraisal. This is also referred to as a retail replacement value and it’s based on how much it would cost to replace the piece of jewelry (brand new).

Fair Market Value Appraisal

Fair market value appraisals reflect a value in which your item would sell for under normal market conditions. In other words, how much a willing buyer and a willing seller would agree on. It represents a true market value, not a new replacement value.

Estate Value Appraisal

An estate value appraisal reflects a liquidation value or an immediate sale value. This will certainly carry the lowest value benchmark of all three appraisal types.

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Why You Need a Jewelry Appraisal for Insurance

You must have an appraisal done before you can get jewelry insurance on your pieces. Your jewelry insurance company will use the appraisal value to decide the amount you pay for coverage and your coverage limits. For example, insurance through BriteCo typically costs between .5% and 1.5% of the appraised value.

 

BriteCo offers comprehensive coverage jewelry insurance on various pieces of jewelry, including wedding rings, engagement rings, and watches. We accept traditional appraisal forms and detailed sales receipts as appraisal documentation. Once you have coverage from BriteCo, you can file a convenient claim online if the piece is ever damaged, lost, or stolen.

Work with BriteCo for High-Quality Jewelry Appraisals and Insurance Coverage

BriteCo offers convenient, flexible jewelry insurance for your important pieces. You can work with our qualified appraisal experts online or meet with someone in our network of thousands of qualified jewelers to have your item appraised and get full coverage from damage, loss, and theft of your jewelry.

If you already have an appraisal, get coverage online by following our simple Check Your Price prompts, which will guide you through the process. If not, you can view our partner retailers online to find an appraisal near you.

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The BriteCo Difference

While you can get a fast appraisal online from BriteCo to insure pieces already in your collection, we also offer a unique approach to insurance appraisals that you can take advantage of in-store when you purchase a piece. We partner with 2,500 jewelers in the U.S. who use our cloud-based appraisal system to assign appraisal values at the time of purchase.

This free jewelry appraisal tool lets our retail partners quickly and conveniently get you insurance coverage before you walk out the door. We offer coverage at 125% of the appraisal value and provide a monthly or yearly payment option. Considering that 59% of people with jewelry insurance have filed a claim in the last 10 years, BriteCo™ fine jewelry insurance gives you peace of mind.

What Makes BriteCo The Smart Insurance Option For American Jewelry Lovers?

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Coverage

Coverage Limits

Worldwide Coverage

Damage

Loss

Theft

Mysterious Disappearance

Free Additional Insured at Different Address

Limited Impact of Claims on Homeowners Insurance

Preventive Maintenance †

Discount for Annual Pay

Monthly Pay Option

Zero Deductible

Free Automated Annual Insurance Value Updates

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125% of Appraisal Value*

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Other Online Jewelry Insurance

Appraisal Value

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Capped as low as $1000

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Typical Jewelry Warranty

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BriteCo logo

Contact

805 Greenwood Street
Evanston, IL 60201

info@brite.co

BriteCo Inc. is a licensed insurance agency in all fifty states and the District of Columbia.
Please see the Licenses section of this website for more information. All insurance policies underwritten and issued by Glencar Insurance Company and administered by BriteCo.