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