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ISG107: Jewelry Insurance Appraisal

Successful completion of this course will allow the gemologist to obtain specific skills in the evaluation of jewelry as personal property coverage and claims. The specific knowledge will be as follows:

1. Insurance terms and definitions to help you communicate as a professional with insurance agents, underwriters, and adjusters.
2. Your legal responsibilities as an appraiser, both to the clients and to the insurance industry.
3. How to establish your appraisal business and make it work.
4. How to promote your appraisal service to the insurance industry.
5. Professional service fees and how to keep your appraisal business profitable.
6. Understanding the insurance policy with a complete overview of all elements that go in to make an insurance policy work.
7. Appraisal of Personal Property including the structure and purpose of the jewelry appraisal.
8. Evaluation and documentation procedures.
9. Understanding the insurance replacement value and how it differs from other values.
10. Appraisal office security procedures
11. Expert witness, arbitration and mediation. Important topics that you need to know and study.
12. Appraiser resources, including important links to help support you during your appraisal work.

Lessons: 12 including a timed written Final Exam

Lessons: 12 Prerequisites: See Below

Gem Equipment Required: None

Prerequisite: In order to take the ISG Registered Gemologist Appraiser courses you must hold one of the following titles:

• ISG Registered Gemologist
• GIA Graduate Gemologist
• FGA of the Gem-A
• TIJT Gemology Program Graduate
• AIGS, Thailand
• FCGmA Canadian Gemological Association
• GAA Australia
• Certified Gemologist, American Gem Society
• Certified Gemologist Appraiser, American Gem Society