In the event of damage or total loss to personal property, the burden of proof is on the homeowner. We help ensure our clients are always on the offensive, providing inventories, video documentation and up-to-date appraisals for retail replacement.
Damage & Loss Appraisals include:
- Retail replacement value (RRV) before and after damage
- Condition analysis
- Conservator recommendations and quotes
- Diminution in value due to the damage and subsequent restoration
- In the case of a total loss, our in-house advisors will assist in replacing the object
Our appraisers are regularly called upon for expert testimony in cases ranging from divorce, damage and loss/insurance claims, collateral and family disputes. Should we be asked to testify, we will work with the client and their counsel under a separate contract and the client will be billed at an hourly rate for testimony, travel, deposition and/or counsel, including preparation time.
Risk Management Tools:
We help ensure clients are as prepared as possible in the event of damage and loss. We work with the client and their team to look at all aspects of risk to the personal property including creating personalized programs. From fire, hurricane and natural disaster preparedness to moving and storage plans, our dedicated appraisers and advisors will create a plan that helps mitigate loss and thus risk to personal property.
Accredited appraisal reports
The Fine Art Group’s appraisal reports are accepted and relied upon by insurance carriers and underwriters, globally. Reports strictly adhere to the rules and guidelines of the Uniform Standards of Professional Appraisal Practices (USPAP) set by the Appraisal Foundation.