{"id":4516,"date":"2017-08-01T15:49:06","date_gmt":"2017-08-01T19:49:06","guid":{"rendered":"http:\/\/artinsurancenow.com\/blog\/?p=4516"},"modified":"2022-01-03T11:43:43","modified_gmt":"2022-01-03T16:43:43","slug":"art-insurance-for-the-young-or-established-collector","status":"publish","type":"post","link":"https:\/\/www.artinsurancenow.com\/blog\/art-insurance-for-the-young-or-established-collector\/","title":{"rendered":"Art Insurance for the Young or Established collector"},"content":{"rendered":"

We have been issuing Fine Art Insurance policies for many Young collectors, who belong to the Guggenheim<\/a>, The Metropolitan Museum of Art<\/a>, \u00a0The Frick Collection<\/a> , The Whitney , The Morgan Library & Museum,<\/u>\u00a0Museum of American Art<\/a> , Dia Art Foundation<\/a> , The Jewish Museum<\/a> , Museum of Art & Design<\/a>, New York Foundation for the Arts, Museum of the City of New York<\/a>, New York Botanical Garden<\/a>, Rubin Museum<\/a> and these are just a few in New York. These Collectors, who\u2019ve either recently purchased work or inherited work for their collections, have engaged our services to properly insure objects of Art, Rarity, or Historic Merit of Every Nature and Description.\u00a0 As an Art Insurance Broker, we represent Insurance Companies, like AXA, Travelers, XL, Chubb, Markel, Great American and Philadelphia to seek out policies to cover the unique risks associated with insuring Art.<\/p>\n

 <\/p>\n

Our Collector\u2019s Insurance policy covers the art you own, anywhere and everywhere. Most polices can focus on 3 situations.<\/p>\n

    \n
  1. Transit coverage which is where most damages occur.<\/li>\n
  2. Coverage at given named location(s).<\/li>\n
  3. While in Storage.<\/li>\n<\/ol>\n

    Collections can add up in value very quickly and you want to be sure it\u2019s covered in the case of a loss.\u00a0 A new collector may look towards placing the art pieces on a homeowner\u2019s insurance policy, the majority of the time there are many gaps and exclusions in homeowner policies, which Standalone policies fill.<\/p>\n

    Even beginning collectors prefer artwork to be restored if something unforeseen happens. Many times the value of restoring effects the current market value, our policies will pay you the difference in value. According to William Fleischer CIC, and President of Bernard Fleischer & Sons Inc. \/ ArtInsuranceNow.com<\/a> \u201cA high percentage of claims being filed are partial losses, and most happen when something is being transported. Restoring is an option, but not always the case\u201d.<\/p>\n

    A little tip; in many polices, the frame is required to be described and have value to be insured. This is a little detail that\u2019s often overlooked. It\u2019s all about properly insuring, it\u2019s important to know your policy, The Conditions, Restrictions and Exclusions. I hope this encourages you to hedge your financial downside\u00a0and most of all, enjoy the Art.<\/p>\n

    We are always watching out\u00a0for the benefit of\u00a0the established and new collector, it\u2019s what we do best here at Bernard Fleischer & Sons, Inc. \/ ArtInsuranceNow.com call us at 1.800.921.1008 or visit us at www.ArtInsuranceNow.com<\/a> to apply and live chat with an agent.<\/p>\n

     <\/p>\n","protected":false},"excerpt":{"rendered":"

    We have been issuing Fine Art Insurance policies for many Young collectors, who belong to the Guggenheim, The Metropolitan Museum of Art, \u00a0The Frick Collection , The Whitney , The Morgan Library & Museum,\u00a0Museum of American Art , Dia Art Foundation , The Jewish Museum , Museum of Art & Design, New York Foundation for … Continue reading Art Insurance for the Young or Established collector<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":4517,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"yoast_head":"\nArt Insurance for the Young or Established collector - Protecting Art Nationwide | Art Insurance for Artists, Galleries & Collectors from New York to California<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.artinsurancenow.com\/blog\/art-insurance-for-the-young-or-established-collector\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Art Insurance for the Young or Established collector - Protecting Art Nationwide | Art Insurance for Artists, Galleries & Collectors from New York to California\" \/>\n<meta property=\"og:description\" content=\"We have been issuing Fine Art Insurance policies for many Young collectors, who belong to the Guggenheim, The Metropolitan Museum of Art, \u00a0The Frick Collection , The Whitney , The Morgan Library & Museum,\u00a0Museum of American Art , Dia Art Foundation , The Jewish Museum , Museum of Art & Design, New York Foundation for … Continue reading Art Insurance for the Young or Established collector →\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.artinsurancenow.com\/blog\/art-insurance-for-the-young-or-established-collector\/\" \/>\n<meta property=\"og:site_name\" content=\"Protecting Art Nationwide | Art Insurance for Artists, Galleries & Collectors from New York to California\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-01T19:49:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-01-03T16:43:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i2.wp.com\/www.artinsurancenow.com\/blog\/wp-content\/uploads\/2017\/08\/Young-Art-Collectors.jpg?fit=1440%2C960&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"1440\" \/>\n\t<meta property=\"og:image:height\" content=\"960\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"wfleischer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.artinsurancenow.com\/blog\/#website\",\"url\":\"https:\/\/www.artinsurancenow.com\/blog\/\",\"name\":\"Protecting Art Nationwide | Art Insurance for Artists, Galleries & Collectors from New York to California\",\"description\":\"Protecting Art Nationwide | Art Insurance for Artists, Galleries & Collectors in New York & California\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.artinsurancenow.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-CA\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.artinsurancenow.com\/blog\/art-insurance-for-the-young-or-established-collector\/#primaryimage\",\"inLanguage\":\"en-CA\",\"url\":\"https:\/\/i0.wp.com\/www.artinsurancenow.com\/blog\/wp-content\/uploads\/2017\/08\/Young-Art-Collectors.jpg?fit=1440%2C960&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/www.artinsurancenow.com\/blog\/wp-content\/uploads\/2017\/08\/Young-Art-Collectors.jpg?fit=1440%2C960&ssl=1\",\"width\":1440,\"height\":960,\"caption\":\"Young Art Collectors\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.artinsurancenow.com\/blog\/art-insurance-for-the-young-or-established-collector\/#webpage\",\"url\":\"https:\/\/www.artinsurancenow.com\/blog\/art-insurance-for-the-young-or-established-collector\/\",\"name\":\"Art Insurance for the Young or Established collector - 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