Insurance Insurance Policy Provenance 
Art Peritus
JANUARY 31, 2025
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.
Art Appraisal Resources
JULY 13, 2023
Value matters and an art appraisal completed by a qualified art appraiser can save you substantial money by not selling too low, insuring too low, or paying too much in estate tax or equitable distribution. Appraisals can also assist in establishing provenance, which can significantly impact the value of the artwork.
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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. It’s also a good time to take inventory while you do your spring cleaning.
Artifactual History Appraisal
SEPTEMBER 17, 2019
An appraised value for insurance may be significantly higher than an appraised value for planned future sale, which can be baffling and difficult to comprehend without a familiarity with the different levels of the market. It can sometimes be present in insurance policies, although in my experience it is much less frequently encountered.
JSK Fine Art Appraisals
OCTOBER 15, 2023
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.
Penrose Appraisals
DECEMBER 27, 2022
At some point, the collector needs to turn his or her attention to insuring what has been patiently and joyously gathered over the years. Most of us already choose to insure our homes if we own, or to buy renter's insurance if we rent. And some policies simply exclude art and collectibles outright.
McAllister Fossum Appraisal Services
SEPTEMBER 19, 2019
Written by Kirsten Rabe Smolensky, JD, ISA CAPP As an appraiser, I have worked on a lot of insurance claims , including losses due to fire, theft, transit damage, and flood. The number one mistake most insureds make is not being prepared in advance. The insurance company requests an inventory of EVERYTHING inside.
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