As you know, I closed Dombourian Oriental Rugs after 102 years in business. While I no longer sell or clean rugs, I am still available for appraisals. I have kept up with my appraisal credentials or USPAP (Uniform Standards for Professional Appraisal Practice). In the Gulf South we have been very lucky over the past several years not to have had any major storms or Hurricanes strike our area. Since Hurricane Katrina, many insurance companies have rewritten policies that cover much of our valuable contents such as rugs, jewelry, antique furniture and fine art. Today it is important to have these items scheduled separately on an endorsement to your contents policy to fully insure your property for replacement value. In fact, flood insurance will either not cover any of these valuable contents at all or only at a greatly depreciated schedule. According to new government and insurance company regulations, appraisals will only be accepted from those appraisers that are USPAP accredited.
I would be happy to consult with you and schedule an appointment if you wish to have your rugs appraised for either insurance or estate purposes. I can still be reached at (504)891-3436, via email domrugs <at sign> cox.net, or by using this form.
Thank you all for the many years of friendship and business and I hope 2015 is a good year for all.
Greg Dombourian, President Dombourian Oriental Rugs