Artinsurancenow.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The loss of market value is determined as follows: if the amount of itemized coverage for the article is less than the market value immediately before the loss, we will apply the percentage change to the market value immediately before the loss. If the amount of itemized coverage for the article is equal to or … Continue reading Chubb Definition of Loss of Market Value<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"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":"\nChubb Definition of Loss of Market Value - 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\/chubb-definition-of-loss-of-market-value\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chubb Definition of Loss of Market Value - Protecting Art Nationwide | Art Insurance for Artists, Galleries & Collectors from New York to California\" \/>\n<meta property=\"og:description\" content=\"The loss of market value is determined as follows: if the amount of itemized coverage for the article is less than the market value immediately before the loss, we will apply the percentage change to the market value immediately before the loss. If the amount of itemized coverage for the article is equal to or … Continue reading Chubb Definition of Loss of Market Value →\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.artinsurancenow.com\/blog\/chubb-definition-of-loss-of-market-value\/\" \/>\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=\"2015-11-04T15:36:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-04-13T17:27:36+00:00\" \/>\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=\"1 minute\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.artinsurancenow.com\/blog\/chubb-definition-of-loss-of-market-value\/#webpage\",\"url\":\"https:\/\/www.artinsurancenow.com\/blog\/chubb-definition-of-loss-of-market-value\/\",\"name\":\"Chubb Definition of Loss of Market Value - Protecting Art Nationwide | Art Insurance for Artists, Galleries & Collectors from New York to California\",\"isPartOf\":{\"@id\":\"https:\/\/www.artinsurancenow.com\/blog\/#website\"},\"datePublished\":\"2015-11-04T15:36:48+00:00\",\"dateModified\":\"2018-04-13T17:27:36+00:00\",\"author\":{\"@id\":\"https:\/\/www.artinsurancenow.com\/blog\/#\/schema\/person\/c118925a210a3cdb7a61b5661a98a2e1\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.artinsurancenow.com\/blog\/chubb-definition-of-loss-of-market-value\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.artinsurancenow.com\/blog\/chubb-definition-of-loss-of-market-value\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.artinsurancenow.com\/blog\/chubb-definition-of-loss-of-market-value\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.artinsurancenow.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Chubb Definition of Loss of Market Value\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.artinsurancenow.com\/blog\/#\/schema\/person\/c118925a210a3cdb7a61b5661a98a2e1\",\"name\":\"wfleischer\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.artinsurancenow.com\/blog\/#personlogo\",\"inLanguage\":\"en-CA\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a289c9adf01e92af56f63d9dc1196bad?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a289c9adf01e92af56f63d9dc1196bad?s=96&d=mm&r=g\",\"caption\":\"wfleischer\"},\"sameAs\":[\"http:\/\/bfbond.com\"],\"url\":\"https:\/\/www.artinsurancenow.com\/blog\/author\/wfleischer\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Chubb Definition of Loss of Market Value - Protecting Art Nationwide | Art Insurance for Artists, Galleries & Collectors from New York to California","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.artinsurancenow.com\/blog\/chubb-definition-of-loss-of-market-value\/","og_locale":"en_US","og_type":"article","og_title":"Chubb Definition of Loss of Market Value - Protecting Art Nationwide | Art Insurance for Artists, Galleries & Collectors from New York to California","og_description":"The loss of market value is determined as follows: if the amount of itemized coverage for the article is less than the market value immediately before the loss, we will apply the percentage change to the market value immediately before the loss. If the amount of itemized coverage for the article is equal to or … Continue reading Chubb Definition of Loss of Market Value →","og_url":"https:\/\/www.artinsurancenow.com\/blog\/chubb-definition-of-loss-of-market-value\/","og_site_name":"Protecting Art Nationwide | Art Insurance for Artists, Galleries & Collectors from New York to California","article_published_time":"2015-11-04T15:36:48+00:00","article_modified_time":"2018-04-13T17:27:36+00:00","twitter_card":"summary","twitter_misc":{"Written by":"wfleischer","Est. reading time":"1 minute"},"schema":{"@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":"WebPage","@id":"https:\/\/www.artinsurancenow.com\/blog\/chubb-definition-of-loss-of-market-value\/#webpage","url":"https:\/\/www.artinsurancenow.com\/blog\/chubb-definition-of-loss-of-market-value\/","name":"Chubb Definition of Loss of Market Value - Protecting Art Nationwide | Art Insurance for Artists, Galleries & Collectors from New York to California","isPartOf":{"@id":"https:\/\/www.artinsurancenow.com\/blog\/#website"},"datePublished":"2015-11-04T15:36:48+00:00","dateModified":"2018-04-13T17:27:36+00:00","author":{"@id":"https:\/\/www.artinsurancenow.com\/blog\/#\/schema\/person\/c118925a210a3cdb7a61b5661a98a2e1"},"breadcrumb":{"@id":"https:\/\/www.artinsurancenow.com\/blog\/chubb-definition-of-loss-of-market-value\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.artinsurancenow.com\/blog\/chubb-definition-of-loss-of-market-value\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.artinsurancenow.com\/blog\/chubb-definition-of-loss-of-market-value\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.artinsurancenow.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Chubb Definition of Loss of Market Value"}]},{"@type":"Person","@id":"https:\/\/www.artinsurancenow.com\/blog\/#\/schema\/person\/c118925a210a3cdb7a61b5661a98a2e1","name":"wfleischer","image":{"@type":"ImageObject","@id":"https:\/\/www.artinsurancenow.com\/blog\/#personlogo","inLanguage":"en-CA","url":"https:\/\/secure.gravatar.com\/avatar\/a289c9adf01e92af56f63d9dc1196bad?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a289c9adf01e92af56f63d9dc1196bad?s=96&d=mm&r=g","caption":"wfleischer"},"sameAs":["http:\/\/bfbond.com"],"url":"https:\/\/www.artinsurancenow.com\/blog\/author\/wfleischer\/"}]}},"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p65KH6-8n","jetpack-related-posts":[{"id":547,"url":"https:\/\/www.artinsurancenow.com\/blog\/insuring-art-work-without-appraisals\/","url_meta":{"origin":519,"position":0},"title":"Insuring Art Work at Market Value","date":"December 3, 2015","format":false,"excerpt":"Collecting Art is fun, but maintaining values fluctuate a lot on an insurance policy.\u00a0 All homeowners policies where fine art is a part of the policy are written on a scheduled basis. To add these artworks to your schedule,\u00a0the company requires a current bill of sale or a current appraisal.\u00a0\u2026","rel":"","context":"In "American Collectors Insurance"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65,"url":"https:\/\/www.artinsurancenow.com\/blog\/what-chubbs-policy-like\/","url_meta":{"origin":519,"position":1},"title":"What are Chubb’s Policies like?","date":"May 20, 2011","format":false,"excerpt":"Chubb is known for their high-Value Homeowners, In many cases, you can include your Art on these Policies, Chubb\u00a0offers stand-alone coverage policies, even though if your homeowner's policy is with another company. Are your valuables worth more than $1,000 (per item)? More than $5,000? Then Chubb says they are the\u2026","rel":"","context":"In "Art Insurance"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5174,"url":"https:\/\/www.artinsurancenow.com\/blog\/jewelry-insurance-a-to-z\/","url_meta":{"origin":519,"position":2},"title":"Jewelry Insurance A to Z","date":"August 9, 2017","format":false,"excerpt":"In the jewelry insurance business, the word jewelry includes different sorts of adornment, such as bracelets, necklaces, rings, earrings, watches, etc. However, the meaning is often more precious than its price; a symbol of love, unforgettable memory or a significant moment in the past. Considering these invaluable meanings, jewelry is\u2026","rel":"","context":"In "Jewelry"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/artinsurancenow.com\/blog\/wp-content\/uploads\/2017\/08\/jewelry-300x150.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594,"url":"https:\/\/www.artinsurancenow.com\/blog\/employee-damages-art-is-it-covered\/","url_meta":{"origin":519,"position":3},"title":"Employee damages Art, is it Covered?","date":"January 13, 2016","format":false,"excerpt":"In December 2015, a security guard damage, defacing and destroying paintings and sculptures of artwork, in the Wexner Center for the arts, Ohio State University, before killing himself. Does AXA Museum policy cover such losses? Yes. The AXA Museum form does not exclude for damage by an employee or the\u2026","rel":"","context":"In "AXA Art"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9626,"url":"https:\/\/www.artinsurancenow.com\/blog\/largest-warhol-collectors-art-damaged-in-storage-covered\/","url_meta":{"origin":519,"position":4},"title":"Largest Warhol Collector\u2019s Art Damaged in Storage, is it Covered?","date":"October 25, 2017","format":false,"excerpt":"Largest Warhol Collector\u2019s Art Damaged. Renowned Mugrabi family which owns the largest private cache of Andy Warhol pieces says its business has been brought to a standstill by a company that\u2019s holding its entire $100 Million, 1,300-plus-piece art collection \u201chostage\" at a New Jersey storage facility. \u00a0 In a lawsuit\u2026","rel":"","context":"In "Art Collector"","img":{"alt_text":"Torn Warhol Image","src":"https:\/\/i0.wp.com\/www.artinsurancenow.com\/blog\/wp-content\/uploads\/2017\/10\/Torn-Warhol-Image.jpg?fit=1024%2C640&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":202,"url":"https:\/\/www.artinsurancenow.com\/blog\/art-evaluations-formulas-you-might-see-in-a-art-collection-policy\/","url_meta":{"origin":519,"position":5},"title":"Art Evaluation formulas you might see in an Art Collection Policy","date":"May 2, 2014","format":false,"excerpt":"Here are most of the current options found in an Art Collectors Insurance policy 1. Stated Amount based on an appraisal. 2. Market value or appraised value whichever is less. 3. Market value or appraised value. Maximum value 1.5% of appraisal value. 4. Market value \u2013 Onus of proof (\u2026","rel":"","context":"In "Art Collector"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.artinsurancenow.com\/blog\/wp-json\/wp\/v2\/posts\/519"}],"collection":[{"href":"https:\/\/www.artinsurancenow.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.artinsurancenow.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.artinsurancenow.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.artinsurancenow.com\/blog\/wp-json\/wp\/v2\/comments?post=519"}],"version-history":[{"count":4,"href":"https:\/\/www.artinsurancenow.com\/blog\/wp-json\/wp\/v2\/posts\/519\/revisions"}],"predecessor-version":[{"id":10343,"href":"https:\/\/www.artinsurancenow.com\/blog\/wp-json\/wp\/v2\/posts\/519\/revisions\/10343"}],"wp:attachment":[{"href":"https:\/\/www.artinsurancenow.com\/blog\/wp-json\/wp\/v2\/media?parent=519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.artinsurancenow.com\/blog\/wp-json\/wp\/v2\/categories?post=519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.artinsurancenow.com\/blog\/wp-json\/wp\/v2\/tags?post=519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}