What is fine art insurance?

This form of fine art insurance is designed for galleries, museums, auction houses, and art organizations. It offers coverage for artworks owned by institutions or those entrusted to them by private collectors. Institutional fine art insurance pays for damage that occurs during exhibitions, or while the item is on loan or in transit.

What is art insurance?

Art insurance is a specialised form of coverage designed to protect valuable artwork and art collections from risks such as theft, damage, and loss. Unlike standard homeowners insurance, which may offer limited protection for art, fine art insurance policies are tailored to the unique needs of art collectors.

Should I insure my art on a separate fine art collectors' policy?

When you have made the decision to insure your art on a separate fine art collectors’ policy, the organizations that your agent contacts to request coverage options and premium quotes are known as insurance providers. These are the entities that underwrite the insurance and are responsible for paying any covered claims.