Room 101 Jewelry

Underwriters and insurance agents what happens if…..?

My house was broken into and the bastards took a small safe with jewelry of my husbands mother (R.I.P.) I never saw the jewelry cause my husband is very sentimental and nevr showed it to me. All I know is that she had a lot of jewelry and a tennis bracelet worth $600.00 cause he bought for her (she had earrings, bracelets, necklaces, rings all gold. I know cause I inquired with the mom’s sisters). The insurance lady told us to come up with a number but we just don’t wanna make up a number that is too extravagant. What should we do or what is a decent number to come up with???
it was just passed to my husband when his mom died…..

Well, if you are in the US, theft of jewelry is usually limited to $1,000, some policies have $2,000 if the jewelry is not scheduled. Your deductible will be applied. To schedule a piece of jewelry, there must be an appraisal dated in the last 3 yrs. You will need to have some sort of proof that this jewelry was owned by you. You need something to substantiate the value. Was there an appraisal done of all possessions when the estate was settled? Or, was the jewelry just given to your husband before she passed?
Are there any purchase receipts?
I recently lost a ring (I had an appraisal with a photo) that was scheduled and the claim went smoothly. I was even luckier that I found the ring about a month later & I gladly paid the money back! It was a ring passed down 3 generations that I had worn at my wedding for something old, REALLY sentimental.
I hope you reported it to the police. They probably wanted an inventory of what was stolen, if you have that, you will need to show that to the insurance company.

Stolen Art is Big Business