Private Art Collection Insurance
It is also important to find out about the common exclusions in insurance policies.
Private art collection insurance. With an agreed value policy you know exactly what your collection is insured for at the time of the loss. Private collections insurance we understand passion for fine art and collectibles as well as the desire for expert service responsiveness and confidentiality. Collectible insurance protects your collection against theft accidental breakage flooding and more. Private collections insurance whether you collect fine art antique furniture jewelry wine vintage cars memorabilia or something else you re passionate about aig private client group can craft a competitively priced policy with the precise coverage you require.
If you want an exact price just go ahead and get a quote or contact your insurance company. With a common homeowner s insurance policy your art collection is nothing more than a part of your valuables. They understand how the claims situation is handled how the appraisals work and they understand the movement of an art piece. It generally only costs 1 to 2 of the individual piece you re insuring.
Generally damage caused by gradual deterioration of artwork is not covered. A fine art insurance policy can also cover appreciation of market values newly acquired items international transit defective titles etc. Whatever you collect every piece included on your policy is covered for a variety of perils including fire theft earthquake flood and breakage. In a nutshell you won t unless you have private collector s insurance that covers your antiques paintings manuscripts coins or anything else you are passionate about.
So a 10 000 piece will cost about 100 200 year to insure. Aig is the premiere global resource for collections related insurance products risk mitigation services and loss prevention education. Enjoy your art with confidence. Art private collectors insurance highworth insurance specialise in arranging art insurance for the private collector at very competitive prices.
As such we deliver the highest standard of professionalism and expertise to our clients as well as to their brokers. We provide all risk insurance coverage for blue chip private and corporate collections trusts llcs universities museums and exhibitions. Art and collectibles insurance cost. This insurance is normally affordable.