Is New Hampshire's assessed value the right basis for insuring personal property?
No. RSA 75:1 directs local selectmen to appraise taxable property at market value, its full and true value, which is a taxation standard. Insurance coverage decisions typically rest on replacement cost, actual cash value, or agreed value as your policy defines them, so a scheduling appraisal should be built for the policy rather than borrowed from the tax rolls.
Does New Hampshire set dollar thresholds for personal property appraisals?
No. New Hampshire's assessment statutes create no small-estate cutoff, bond schedule, or dollar trigger for appraising jewelry, art, equipment, or other personal property. When an appraisal is needed for coverage, the trigger comes from your insurer's underwriting requirements, not a state statute.
Where do New Hampshire valuation disputes get decided?
Locally first. The selectmen or assessors receive and consider evidence of value under RSA 75:1, with appeals to the Board of Tax and Land Appeals under RSA 75:14 or Superior Court under RSA 75:15. That path governs tax valuations; a disagreement with an insurer over covered property follows the policy's own dispute terms instead.
Which business assets does New Hampshire leave off the tax rolls?
Only narrow, industry-specific categories. RSA 72:12-c exempts certain ski area machinery and equipment that is not permanently affixed and can be removed from the real estate, and related statutes exempt specialized items such as radio antennas and towers. New Hampshire does not use broad household-goods exemptions the way some states do, so an exempt asset simply has no assessment record at all, making a scheduling appraisal the only formal documentation of its value.
Who writes the appraisal standards New Hampshire assessors follow?
The Department of Revenue Administration, through the Rev 600 property assessment rules authorized by RSA 21-J:13 and RSA 21-J:11. Those rules define an appraisal as the process of developing a market value estimate that supports municipal valuation duties under RSA 75:1. Every layer of that framework serves taxation, which is why we build insurance scheduling values around your policy terms instead of borrowing from the assessment system.