Your Oriental Rugs are valuable assets for your family and having the proper written appraisals for your portfolio is one of the most important steps you can take to protect your investment. Whether your Oriental Rugs were handed down from your family or purchased years ago, it is highly advised that you to have your rugs appraised every ten years.
All along the East Coast, we have seen a dramatic increase of insurance claims for home owners with oriental rugs, mostly from weather related water damage. The process for the home owner can go much more smoothly if all of the paperwork is already in place. Current appraisals also provide a more accurate assessment of the insurance coverage needed.
Most of the leading insurance companies have come to rely on Nejad Gallery as the expert Oriental Rug Appraiser in the Bucks County, Philadelphia and New Jersey areas. Chubb, State Farm, Travelers, Erie, Allstate, Liberty Mutual, Nationwide, Allied, Hartford and Farmers are just a few of the insurance companies with whom we regularly provide our appraisal services.
In addition to obtaining written appraisals, I recommend to my clients to take photos of all of their insured items and to video tape their home, room by room. An Excel spreadsheet listing each item with the purchase date and price helps keep a detailed catalog of your insured valuables. Scanning appraisals and receipts adds to your proof of purchase and helps the insurance company correctly ascertain replacement values. Keeping an updated offsite back up copy is another safety measure.
Being prepared for unforeseen events takes a bit of effort but the peace of mind and well being for you and your family is definitely worth the undertaking. Please call 215-348-1255, we will be happy to assist you with all your Oriental Rug Appraisal needs.