Appraisals with overseas purchases

[fawun507]

I purchased my Cartier Panther watch in the US and purchased my Love and JUC bracelets in Australia. I live in the US and am looking to get my three Cartier pieces insured.

My insurance company requires the appraisals to be completed in the US. However, my Cartier SA in Chicago said that they only do appraisals for pieces that are purchased in their Chicago boutique. Does anyone know how I would then get the appraisals done for my Love and JUC pieces that I purchased in the Sydney boutique since the appraisals need to be done in the US or am I SOL in insuring those two?

Has anyone else come across a similar situation?

 

[scheurin]

Unless you evaded taxes you should have your import documents if you legally paid US use tax for your items bought abroad.

 

[nakedmosher2of3]

Given Love and JUC bracelets are available online in the US and readily available, I would ask your insurance company if they can insure for the current website price as that is the current replacement cost. No appraisal would be needed in this case.

 

[fawun507]

Given Love and JUC bracelets are available online in the US and readily available, I would ask your insurance company if they can insure for the current website price as that is the current replacement cost. No appraisal would be needed in this case.

This is helpful! May I ask what insurance company you’re using?

 

[nakedmosher2of3]

This is helpful! May I ask what insurance company you’re using?

State Farm

 

[pinksandblues]

State Farm

I use State Farm too. I was able to submit receipts/website screen shots vs appraisals for all my pieces

 

[citykitty24]

I purchased my Cartier Panther watch in the US and purchased my Love and JUC bracelets in Australia. I live in the US and am looking to get my three Cartier pieces insured.

My insurance company requires the appraisals to be completed in the US. However, my Cartier SA in Chicago said that they only do appraisals for pieces that are purchased in their Chicago boutique. Does anyone know how I would then get the appraisals done for my Love and JUC pieces that I purchased in the Sydney boutique since the appraisals need to be done in the US or am I SOL in insuring those two?

Has anyone else come across a similar situation?

If your insurance company insists on an appraisal rather than going by the current, listed Cartier price, you can get a local jeweler or jewelry appraiser to do an appraisal on your pieces instead. They all charge different rates per hour, so you may want to get a couple of quotes if the first one sounds high.

 

[fawun507]

I use State Farm too. I was able to submit receipts/website screen shots vs appraisals for all my pieces

Thank you! I will have to look into State Farm because Progressive is starting to become a pain with this appraisal requirement in the US only 🙃

 

[Swanky]

Interesting, my insurance doesn't require appraisals when there's receipts involved. For my larger diamonds I always include them (engagement ring, diamond studs, etc...)