Insurance companies employ a meticulous process to appraise high-value porcelain sculptures, ensuring accurate coverage and risk management. The appraisal begins with expert evaluation, where certified art appraisers examine the piece’s authenticity, age, condition, and provenance. Historical significance and rarity play crucial roles in determining value.

Next, market analysis compares recent sales of similar pieces, factoring in trends in the collectibles market. Insurers may also consult auction houses or specialized dealers for additional insights. Documentation, including certificates of authenticity and restoration records, further supports the valuation.

Finally, insurers assess risks like fragility and storage conditions to determine premiums. High-value porcelain often requires tailored policies, covering damage, theft, or transit mishaps. This comprehensive approach ensures fair valuation and proper protection for these delicate masterpieces.