Are online appraisals sufficient for insurance coverage?
Yes, your appraisal should be sufficient for insurance coverage. Once you receive your appraisal, send a copy to your insurance company. How long is my appraisal valid? We recommend that your item(s) be appraised periodically every few years since changing market conditions may affect the value of your property. It is in your interest to have an appraisal on hand should you elect to sell your item in the future. This can help serve as a guideline to the sale price of your item.