Coverage Market Value Sculpture 
Art Appraisal Resources
AUGUST 3, 2023
Art Acquisitions Art collectors, museums, galleries, and private individuals interested in purchasing contemporary Paintings, Sculpture, Photography, or Fine Art Prints might seek an appraisal to ensure they make an informed investment.
Fine Art Estates
JUNE 4, 2021
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. Of the two, the “All-Risk” policy usually provides broader coverage for a homeowner. In the event of any covered loss, a deductible will be applied.
Fine Art Estates
JANUARY 7, 2022
They proposed to the IRS that this new organization, made up of many the most knowledgeable and respected art dealers around the country, could help to establish consistent standards for evaluating the fair market value of artworks. Please discuss how the values for the different types of appraisals may differ and why?
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!)
WCG
JANUARY 30, 2025
Casey stressed the need to assign a value to the object treated and how that is essential should any loss ensue. The Fine Art Insurance policy offers coverage starting at $75,000, with careful consideration given to the potential maximum value of artwork.
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