This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Most Fine Art Insurance professionals will agree that the best way to ensure that an insured loss is settled quickly and fairly is by properly documenting your art collection. If you carry a blanket policy and have a covered loss, it is likely that your insurance agent will have no information about the work in question beforehand.
The appraiser will then research the artist, provenance, exhibition history and market trends related to the artwork and similar pieces. The appraisal report is a crucial document used for various purposes, such as insurance, taxation, sale, or donation, and is often required to be conducted by a certified appraiser to ensure its credibility.
One question you should ask yourself is “am I properly insured if something catastrophic happens?” ” Insurance companies often require an appraisal before providing coverage for fine art and jewelry. It’s also a good time to take inventory while you do your spring cleaning.
According to the insurance firm Marsh McLennan , luxury assets have grown in value by 123% over the past decade, establishing themselves as a meaningful asset class. However, the qualities that make passion assets so precious to collectors also expose them to unique risksrisks often not covered by standard homeowners insurance policies.
Create a disaster response checklist that includes: A list of priority artworks Instructions for emergency packing and transport Contact information for art conservators, insurers, and professional art handlers Safe evacuation routes and storage locations 2. Email, call or click HERE to see how we can assist. ###
In this blog post, we explore the crucial role of insurance appraisals in safeguarding your art collection, providing insights into why this process is indispensable for every art enthusiast and collector. Regular insurance appraisals guarantee that your coverage accurately reflects the current market value of your artworks.
In this blog post, we will explore the distinctions between these two appraisal methods, helping you understand when and why each one is used. This type of appraisal is commonly used when insuring personal property, as it provides a realistic estimate of the funds needed to replace the item in case of loss, damage, or theft.
In this blog post, we will explore some essential strategies for investing in art over time. This can involve attending art fairs, following art blogs and publications, and networking with other collectors. Investing in additional costs such as framing, shipping, and insurance is also important.
In this blog, we will discuss how antique appraisers determine the value of your treasures. Provenance The provenance of an item refers to its history and ownership over time. The first step is to examine the item in question and gather information about its age, condition, rarity, provenance, and historical significance.
Whether you're curious about the value of your collection, planning for insurance coverage, or considering selling pieces, understanding how to appraise jewelry is essential. It's crucial for insurance scheduling, ensuring adequate coverage in case of loss or damage.
In this blog post, we aim to debunk common myths surrounding art appraisal, shedding light on the realities of this crucial aspect of the art world. Understanding an artwork’s value aids in insurance coverage, estate planning, and equitable distribution. Some assume that once appraised, an artwork’s value remains fixed.
The time of year when calls to our Art Crisis Management team are on the rise from clients and insurance adjusters reporting water-related damage to artwork, furniture, and other valued possessions. Some insurance providers offer discounts on policies for the installation of water-detection devices from their recommended vendors.
In this blog post, we explore the symbiotic relationship between art appraisers and museums, emphasizing the mutual benefits that arise from collaboration. Art appraisers provide valuable insights into the market value, provenance, and condition of artworks earmarked for exhibitions.
Many of these inherited objects are simply passed on without documentation and very often there is nothing to prove or attest to their provenance and transfer. On this issue of our ValuePros Blog, we will discuss tips about this remarkably interesting area of our work: antiques.
In this blog post, we’ll discuss what you can expect when you visit your appraiser. This can help your appraiser get a better idea of the provenance and age of the item. Your jewelry appraisal report is a valuable document, as it can be used for insurance purposes and/or as an official record of the value of your jewelry.
In this blog post, we’ll discuss what you can expect when you visit your appraiser. This can help your appraiser get a better idea of the provenance and age of the item. Your jewelry appraisal report is a valuable document, as it can be used for insurance purposes and/or as an official record of the value of your jewelry.
If your insurance provider has asked you to get your artwork professionally appraised, or you need it evaluated for some other reason, How Do I Get My Art Appraised will help you find a qualified appraiser, fully understand all aspects of the appraisal process, and prepare you for what a professional fine art appraisal is likely to cost.
Include a detailed description of the jewelry, including weight, quality, metal type, gemstone details, and provenance if applicable. A strong reputation with appraisals accepted by insurance companies, law firms, and fiduciaries. Follow the Uniform Standards of Professional Appraisal Practice (USPAP) guidelines.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content