Most appreciable tangible personal property is NOT covered under your standard home owners policy. These items typically need to be “scheduled”, and rider is added to your policy. A “USPAP-compliant, Qualified, Appraisal report is the basis for establishing value. You’ll find an article on this important subject at:
http://www.YourFavoriteAppraisers.com
Best regards,
Brian Kathenes, ISA-CAPP
