Fine Art Insurance Policy Provenance 
Art Peritus
JANUARY 31, 2025
The term collectionor more specifically, art collectionoften evokes thoughts of fine art and antiques. 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.
International Society of Appraisers
APRIL 19, 2024
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. Their expertise ensures that the valuation is accurate.
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Art Appraisal Resources
JULY 13, 2023
Understanding the artwork's potential worth allows you to make informed decisions regarding its conservation, insurance, sale, or donation. Appraisals can also assist in establishing provenance, which can significantly impact the value of the artwork. You do not need a formal written appraisal to sell most fine art.
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. At this point, you know you have at least $7,000 worth of fine art.
Artifactual History Appraisal
SEPTEMBER 17, 2019
When applicable, sales and/or import tax, commissions and/or premiums are included in this amount.” ( Appraising Art: The Definitive Guide to Appraising the Fine and Decorative Arts , 2013, Appraisers Association of America, page 438.) The next level is Fair Market Value.
International Society of Appraisers
MARCH 14, 2025
high end, branded, celebrity provenance) is going to sell at a high-end international auction house like Christie’s. A collection of unbranded jewelry that has no celebrity provenance may sell at a local or regional auction house. The insured ends up with a comparable, used property and not a new property.
JSK Fine Art Appraisals
OCTOBER 15, 2023
Compliance with Insurance Requirements: Many insurance providers require up-to-date appraisals as part of their coverage agreements. By ensuring compliance with these requirements, you not only meet the terms of your insurance policy but also demonstrate a commitment to responsible collection management.
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