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Understanding Collections Insurance: What Families Should Know

As Your Collection Grows In Either Size Or
complexity, Bringing In A Fine Art Insurance
Specialist Will Give You Extra Bespoke Advantages.

When should you consider collections insurance?

  • If your collection is over $10,000,000 in value, bringing in a fine art and jewelry broker
    allows you to access specialty markets to compete for your insurance.

  • If you have a scheduled item policy, a specialty program will allow you to move
away from advising your broker per transaction and instead switch to a broader
systematic approach.
  • If you have a database or a perfected schedule, a fine art and jewelry broker
can use this as the list of insured items instead of having the carrier retype the list.
This avoids typos and errors affecting what is covered when you already perfected
your insurance list in your preferred format.
  • When you want a broker with expertise in fine art and jewelry, you get additional
services such as reviewing loans to museums, assisting with line of credit insurance
issues, and consulting on appraisal documents
and specialized value issues.

  • A specialty fine art and jewelry broker has coverage forms with custom and broad
insurance enhancements explicitly designed for collectors.

  • A specialty fine art and jewelry broker has a network of experts available to refer
to you for specialized storage, shipping, restoration, and appraising.

  • A specialty fine art and jewelry broker guides the claims process from a position
of expertise in valuation, restoration, and custom coverage issues.

  • A specialty broker understands your collection and special insurance needs
and can customize the program to meet your unique needs.