Category Archives: Artist Insurance

Art Collector, Artist Insurance, Exhibtion Art Coverage

How to insure an Artist Estate?

This week, I insured an individual who was left with over 2 million worth of Art from an artist. There were over 1,000 works on paper, 600+ works on canvas. It is in the process of being cataloged and photographed. There were no appraisals since it’s in the gathering portfolio stage.
The call was triggered because some of the work was going to be exhibited and they wanted to protect the Art.

I recommended using the collector’s application instead of the Dealer application.  The main difference is how the settlement option works.  As a collector, you will be paid for the Art at Fair Market Value and as a dealer, it will be 30% less of the sale price.

Call me 212-566-1881 ext 111

William Fleischer, CIC

 

APPLICATIONS:

• Art Dealers
• Artist Transit/Exhibition/Studio Insurance New Program
• Auctioneers
• Conservators/Restorers
• Corporate Collections
• Personal Collections
• Exhibitions
• Museum Collections
• Business Owners Liability

Art Insurance, Art transit Insurance, Artist Insurance, Comtemporary Art Insurance, Exhibtion Art Coverage, Fine Art, Photographs

Artist who Exhibits… Read further.

artists-expenses

I have been working with many artists who have opportunities to exhibit in venues where the venue only offers the space but not the Insurance for the Art installed.

Many times as I interview these Artists, I find out the Artwork limits requested and the time period required will trigger the policy minimum premium of $1,000.

Being that I care about artists and the expenses they go through I explain for the same cost, Insurance is available to cover Artwork in the studio, in storage, while in transit and while the Art is at exhibitions.

Call me at 1.800.921.1008 to find out how you can protect your artwork or fill out the artist application here at www.artinsurancenow.com

William G. Fleischer CIC

Bernard Fleischer & Sons

 

Artist Insurance

Artists can insure their own work

For the past few weeks, I have written Fine Art policies for Painters, sculptures, and photographers.  The coverage is broad enough where the Art is covered in Transit, at the Gallery or Venue, and most important while it is in the studio.

The value of the art is based on the selling price minus 30%than the sale price. If the piece is sold. There is one catch, for the work to be covered, it must be for sale.  Living with an artist, I know everything in the studio is for sale, the question is at what price.

Which brings me to another determination.  The sale price is based on previous sales, just to keep the numbers real in an event of a loss.

Download the application here Artist’s fine art Insurance