1. Take inventory of your valuables
This means going through these steps to register each of the items in your collection with the Fine Art Registry™ which automatically requires that you photograph and describe each item and makes a permanent record of this in a central database.
2. Get an appraisal
Get an appraisal of your most valuable items. This will require consulting with an accredited appraiser. Make sure you hold on to the appraisal and any other documents that show the value of your collection. And, if an item needs repair and preservation, find a conservator. (Fine Art Registry™ services will soon offer the ability to digitally upload supporting documents, such as appraisal reports to its database upon registration. This will also allow for the updating of yearly appraisals as may be required by insurance carriers.)
3. Understand what your homeowner’s policy covers.
Compare the coverage to your homeowner’s policy to understand the value of the extra coverage.
4. Discuss with your agent
Work with an insurance agent to figure out the right type of insurance for your collection. Discuss with your agent any additional art services your insurer may offer along with the insurance policy.
5. Study the blog.
Study the Blog sections of this article which help you distinguish between insurers and we can help you find the one that is most suited to your particular needs.
www.ArtInsuranceNow.Com call 800-921-1008