Coverage Insurance Policy Paintings 
Fine Art Estates
JUNE 4, 2021
Part Three: An Interview with a Fine Art Insurance Provider Most insurance is underwritten by an insurance provider. A provider evaluates the risk, provides a quote, issues coverage, and, in the event of a covered loss, pays the coverage set forth in the policy. I was wrong.
Artifactual History Appraisal
SEPTEMBER 17, 2019
Examples of retail replacement value are the price an art gallery asks for a painting in their inventory, the asking price of a table by a furniture designer, or the manufacturer listed price of a sterling silver serving item. It can sometimes be present in insurance policies, although in my experience it is much less frequently encountered.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Art Appraisal Resources
JULY 13, 2023
Many insurance companies require a professional art appraisal to determine the appropriate coverage and premiums. You should check with your insurance provider to see what is and is not covered by your homeowners or rental insurance policy.
McAllister Fossum Appraisal Services
SEPTEMBER 19, 2019
Understand Your Homeowner’s Insurance Policy The biggest problem I see after a devastating loss is underinsurance, meaning that homeowners suffer a loss yet fail to recover tens of thousands of dollars just at the time when they have lost everything they hold dear. How do you prevent this? The purpose of an inventory is two-fold.
International Society of Appraisers
MARCH 14, 2025
The type of value before and after the loss will be dictated by the client and is based on how the insurance policy is written or the particular situation at hand. Since the client is a publishing firm, their insurance policy is likely different from general homeowners. Remember to talk to your client and ask questions!
Art Peritus
SEPTEMBER 3, 2024
Some policies specifically cover transportation risks and will not only compensate for the loss in value, but often the substantial cost of restoring the piece is also covered. Since Homeowners and Renters policies typically have dollar limits, specialized policies for coverage of art, antiques, or luxury goods (like that new Birkin bag!)
Art Peritus
FEBRUARY 17, 2023
Appraisals are important not only to make certain you are appropriately insured, but it can also help you make smart decisions about charitable donations, gifts to family members or making the decision to sell the work. B: When considering insurance, what is the difference between Blanket and Scheduled insurance coverage for collectibles?
Expert insights. Personalized for you.
130 
Let's personalize your content