An appraiser is a person who values property. This person has special skills and knowledge in a particular area.

Appraisers value real estate, business personal property, art, jewelry, mineral interests and other types of property.

It is recommended that you insure for appraised value to protect yourself in a claim. If you fail to do so then the insurance company can dispute the amount that you say is necessary to replace the item. As always, Turners Tips recommends that you take control of your insurance.

Talk to your agent or broker. They work for you.