WELCOME TO ASSET VERIFICATION, INC (AVI)

Providing personal property appraisal and inventory services to individuals and families worldwide

Asset Verification, Inc.

You’ve worked hard to furnish your home with unique and distinctive art, furniture, antiques, and other beautiful furnishings. Your personal property assets are of significant worth and it’s important that you know their true value for homeowners insurance, estate planning, charitable donations, and for other legal purposes. That’s where we come in.

Asset Verification, Inc. (AVI) is the unsurpassed expert in personal property appraisals and documentation of high-value personal property assets for home owners. Established in 1998, Asset Verification is a Preferred Service Provider for many top insurance companies, estate planners and family offices. We expertly appraise your personal property items using unbiased tools created for the appraisal industry.

A detailed personal property inventory is not only recommended by insurance providers, it is required in the event of a claim. AVI’s thorough inventory and appraisal reports provide peace of mind. They allow you to align insurance values, create estate management plans, and receive a fair claim settlement in the event of a loss.

Featured Services

Inventory

AVI’s highly trained inventory specialists catalog all of your personal property in each of your residences room by room. We use ObjectID, the undisputed international standard and method for describing art, antiques and other valuables. This detailed information is securely stored for your use in our encrypted, web-based storage vaults. See all our Popular Packages here.

Appraisal Services

Our experts provide certified appraisals for all your high-value personal property. Certified appraisals are required to purchase Valuable Article Coverage on your homeowners insurance, for tax purposes after charitable donations, and for equitable distribution of your personal property upon divorce or death. AVI appraisals are insurance-approved, USPAP-compliant¹, and meet IRS reporting requirements. See all our Popular Packages here.

Appraisal Services

Total Property Valuation

After AVI completes your whole-house inventory, we calculate the aggregate value of all your personal property. In addition, every item valued over $2500 is individually appraised. Depending on your intended use, we can provide the replacement value for insurance or the fair market value for estate planning, distribution, or gifting.

AVI Service Options:

Catalog and appraise all your personal property room by room
Provide inventory, appraisal and total valuation reports for your use
Improve insurance coverage and maximize the return on your premium dollar
Simplify estate planning and distribution, insurance decisions, and gifting
Significantly improve the insurance claim and payment process
Provide affordable ongoing services to keep your documentation current

AVI Service Options:

Catalog and appraise all your personal property room by room
Provide inventory, appraisal and total valuation reports for your use
Improve insurance coverage and maximize the return on your premium dollar
Simplify estate planning and distribution, insurance decisions, and gifting
Significantly improve the insurance claim and payment process
Provide affordable ongoing services to keep your documentation current

AVI’s Experience Confirms:

Fewer than 1% of households have a current detailed inventory of their personal property
Fewer than 5% of all policyholders read and fully understand their homeowners policy and coverages
More than 75% of U.S. homes are underinsured because aggregate limits are too low
On average, the one time investment for AVI’s services is less than 1% of the value of uninsured personal property assets

⁽¹⁾ USPAP-compliance refers to the Uniform Standards of Professional Appraisal Practice that set performance and ethical standards for certified appraisers. These standards are designed to ensure that your valuations are developed in an unbiased manner to the highest standards in the appraisal industry.

AVI Helps Clients Recover From Catastrophic Losses

$7,000,000 Loss By Fire Fully Recovered

The unthinkable happened in the fall of 2019. Our client since 2008 lost his main residence of 15,000 square feet to fire. The tragedy unfolded following the first fire of the fall season when ashes removed from the fireplace in the family room were not disposed of properly. The home was engulfed in flames before the fire department arrived and the beautifully- appointed home was reduced to ashes. Artwork collected over decades along with elegant furnishings, wine, and clothing totaling over $7,000,000 went up in smoke. Fortunately, because of AVI’s timely updated appraisals over the years, plus the use of Valuable Article Coverage, the client has fully recovered. Without AVI’s detailed inventory and appraisal report this could have been a grueling exercise to recreate from memory the necessary information needed in the claims process. We at AVI like to say, “AVI gives our clients more information than they need, unless they need it!”