Art Collection Insurance

Art Collection Insurance

Consultation for fine art, collectibles and personal property management.

Bernard Fleischer & Sons have developed a unique, valuable service for collectors, other high net worth individuals and families. We review with you or your Art Consultant, Curator, or Family member alternative coverage options. We can introduce ways to help assure that your insurance coverage is always up to date and as responsive as possible. William Fleischer, CIC is a highly knowledgeable and experienced professional. His New York-based network has access to appraisers, trust, and estate advisors, dealers, and attorneys.

Our focus is on individual, family and corporate needs. Our client confidentiality is very important to a long-term relationship.
As one of New York’s oldest brokerage firms, we work with the best Insurance companies in the business.

Let us protect you and help design the appropriate protection for your collectibles:

•Fine art and antiques
•Musical instruments
•Rare books
•Jewelry
•Photographs
•Sculpture
•Art glass
•Porcelains
•Stamps
•Antique silver
•Auction Houses
•Dealers
•Exhibitions
•Fine Art Packers and Shippers
•Galleries
•Museums
•Private Collectors and Corporate Collections
•Stately Homes
•University libraries and collections
•Vintage Cars

Art Insurance Now, AXA, Chubb, Chartis, Markel, and Travelers all have a history of working with:
auction house experts, dealers, trust and estate advisors & attorneys.
affiliate-logo-layout-1Their referral lists can help you in:

  • Obtaining specialized appraisers
  • Inventory management systems and cataloging
  • Specialized shippers, warehouses, restorers
  • Working with galleries and auction houses

For more information and to fill out an application for a fast free quote visit us at www.ArtInsuranceNow.com or call 1.800.921.1008

Collectibles Insurance MythBusters:

Collectibles Insurance MythBusters:

  1. Insurance Myth: My Art collection or Collectible collection is covered by my homeowners’ insurance.
    The FACTS: In most cases, your homeowners’ is designed to cover personal property and is not nearly enough to protect your collection.  There is no coverage for Breakage and sub-limits for theft. Many Homeowners Policy, will not cover your collection off premises, not even if lent to a Museum or Art Gallery.
  2. Insurance Myth: No insurance policy would cover my unique collection.  May it be Ceramic Art, Glass Art, Sculptures, Fine China or Unique objects if it has value, it can be Insured.
    The FACTS: There are many Insurance companies like  AXA, Travelers, Markel, Chubb or Chartis that will cover most types of collections, for a wide range of losses, Each company has a unique policy, coverage forms, exclusions, and limitations.  This is why, you need to speak with us, to help you review the differences.
  3. Insurance Myth: I’ll have to itemize every item in my collection and get it appraised to get insurance.
    The FACTS: No appraisals are necessary depending on if the Art or collectible has a reasonable high Values.   You estimate the value of your collection and determine the amount of insurance.  Although an inventory is not always required at the time of application to purchase insurance.  Bernard Fleischer & Sons, Inc, strongly recommends its customers maintain an inventory to streamline, provide proof, and expedite claims in the event of a loss.
  4. Insurance Myth: Insuring my collection will cost me a fortune.
    The FACTS: A Fine Art/collectibles policy is typically less costly than scheduling items on your homeowner’s insurance.  Call us today to get a quote for your prized collection.

Title Insurance for Art Photographs and objects of value

Professional and Collector get what they want, the Insurance of Good title, but what they lack, is the Authenticity of the Valuable object.

Were you once the proud owner, and then it went missing?
With theft an increasing risk in the art world, it has become easier to unknowingly buy stolen artwork or valuables, even if you check the stolen Art register websites.
Just imagine the nightmare of a collector and fellow enthusiast sitting down to dinner, and there the painting or the Victorian candlesticks on the table that was previously stolen from their home?
By law, the new owner has no right to the item and has to return it. He will be out of pocket for the amount that was paid. In such events, defective title cover will cover the unaware owner up to the specified sum insured.
Some of the William Kentridge works that were recently stolen would give rise to defective title cover towards the new owners purchasing them.
Forgery
Forgery remains prevalent. Last month five people in Chicago were indicted for forging and selling prints by a range of major artists including Dali, Lichtenstein, Warhol, and Haring.
Read all about it!
Presently, Aris Insurance Company has begun a new Insurance program that will Guarantee the Authenticity, the works are original and actual made by “the Artist”.

They will work with the production of dead and alive Artist. Usually, they will develop an arrangement where a certificate of Authenticity would accompany the art.  This way moving forward and through history. Unlike many Foundations, who have the final say if it is real, actually made by the artist.

Recent Success Stories

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

Can we be competitive with your Present Fine Art Insurance

If you are involved in the art world, I can insure your exposures.

• Commercial Art
• Art and Antique Dealers
• Restore and Conservators
• Museums
• 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,
Gala’s, Dinners.
• 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

Insuring Art, Art Gallery, Art Dealer, Artist and the Art world needs