Photographs have complex chemical structure and material composition. Each material has its own preservation issues and needs.
Consequently, photographs may suffer from fading and deterioration over time regardless of the extra care and special handling. Most Insurance Companies cannot provide coverage for items that cause themselves to deteriorate as a cause of loss.
However, a proper appraisal done every 3-5 years will keep the collection in good proper order. As changes in condition occur, a current appraisal will note the photograph’s individual characteristics which will then influence the current market value of the single item.
Contact: William Fleischer 800-921-1008 or visit my website for application
• Art Dealers
• Artist Transit/Exhibition/Studio Insurance New Program
• Corporate Collections
• Personal Collections
• Museum Collections
• Business Owners Liability
• Broad, all-risk worldwide coverage.
• Large and small capacity insurance.
• Blanket location coverage.
• Automatic coverage on a newly acquired property of up to 25% of total policy limit within a 90-day reporting obligation.
• Claims processing.
• Evaluations that assess the current market values of clients’ collections.
• Loss prevention advice and disaster planning.
• Transportation, shipping, and handling consultation.
• Fine art collection schedules (inventory and values of all items in your collection).
• Curatorial and collection management services.
Call discuss your Insurance Needs; 800-921-1008
Inland Marine — Fine art
What it covers
Travelers offer unparalleled coverage for the protection of scheduled fine art items. Coverage for such fine art is available at a permanent location, in transit or while loaned to others. Our Agreed Value Fine Arts Policy ensures that fine art collections are insured under a form that addresses the needs for that collection, while also making breakage coverage, special pairs and sets coverage, and flood and earthquake coverage available.
For significant corporate collections of fine art, or for artwork and collectibles in commercial settings, we offer comprehensive fine art coverage under which a broad spectrum of paintings, sculptures, prints and multiples, and more specialized collections of historical, cultural or technological significance can be insured.
Who needs it
Corporations and commercial accounts may have valuable works of art not specially covered as fine art under standard package policies that can be insured under our fine art coverage.
Recently, I received an email from a new Art Gallery in Texas. She and the partner have been in the prereferral part of the art business. Their experiences were in promotion and advertisement of Artist. A few years past, they had an opportunity to open a pop-up gallery selling prints, Paintings and non-fragile sculptures in a busy section of Galveston. They were at the stage of having the first show in a permanent location; this is when, they turned to me, for their Art Insurance needs. I was able to secure a great Fine Art Insurance policy for $1,300. This covered $50,000 on location, unnamed locations and $20,000 transit.
So I rode into the sunset feeling good about the terms, cost and turnaround time, for my new client.
Call me Anytime 212 566-1881 ext 111 for ART Gallery Insurance
www.artInsuranceNow.com for applications
If you are involved in the art world, I can insure your exposures.
• Commercial Art
• Art and Antique Dealers
• Restore and Conservators
• Private collectors
• Large or Small inventories.
• Domestic or International.
• Art Fair transportation, while at fair,
shipped to collectors
• Art loaned to Museums or non- profits,
• Art being shipped or carried on board,
• Coverage for special events, Parties,
• Non-profit organizations and more
There are special policies so broad that besides the standard theft or breakage coverage’s it actually includes mold and devaluation of the art pieces due to a loss.
The premiums begin around $2,500 for about $250,000 worth of protection.
Recent successes: An Art dealer who brings works to various fairs and sells from her private gallery just purchased this policy
$300,000 premises limit
$300,000 unnamed location
$300,000 while in transit
We set the unnamed location limit and transit limit as matching limits to avoid any gaps in coverage.
Premium is $3100 with $1,000 deductible.
for applications Click Here