Coverage that matches what you actually own.
Most collections are insured against values that stopped being true years ago. Cove prepares the appraisal your insurer schedules against, on the right value basis, and then keeps watching the market so the next renewal is not built on the last decade's numbers.
The market moves. The schedule doesn't.
An insurance schedule is only as good as the appraisal behind it, and most policies renew year after year on the same one. The gap between what a work is worth and what it is insured for only shows itself at the worst possible moment: a claim.
Retail Replacement Value.
Insurers schedule against what it would cost to replace the work at retail, today. It is usually the highest of the value bases, and it is the one that decides whether a claim makes you whole.
Renewals inherit old numbers.
One collector's insurer had been renewing on a five-year-old appraisal. The wildfire that reached her home revealed $4 million of underinsurance she never knew she carried.
The premium was paid every year. The protection had quietly expired.
Proof decides everything.
When a loss happens, the questions come fast: what was it, what condition was it in, what was it worth, and can you prove it? A scheduled work with a current appraisal answers all four.
A schedule your insurer can use.
An appraisal prepared to USPAP standards on Retail Replacement Value, formatted for scheduling, by a professional appraiser your broker and underwriter will recognize as qualified.
Ready to schedule.
Per-work values with full cataloging, condition, and photography, delivered in the form brokers and underwriters actually work from.
Every value shows its work.
Comparable sales sourced and dated, attached to every number, so an underwriter's question is answered before it is asked.
Coverage that keeps up.
Every appraised work joins the living record and stays monitored. When a value moves enough to matter, you hear about it before the renewal, not after the claim.
Cove prepares the appraisal and the schedule. Your broker places the coverage: Cove is not an insurer and does not sell insurance, which is exactly why the values carry no thumb on the scale.
Already in Cove? Days, not weeks.
If the collection is already in Cove, the cataloging, condition history, and market evidence are assembled before the engagement begins. Refreshing a schedule is a matter of days.
If not, an insurance renewal is one of the most common first doors. The appraisal stands on its own, and it can become the first entry in a living record of everything you collect.
Appraisals for what comes next.
Tell us about the renewal.
What is on the schedule, when the policy renews, and when the values were last looked at. We will quote the engagement. From $100 per piece, scaling with volume.
Thank you.
A member of the Cove team will be in touch shortly.