How do I choose the right collection insurance?

I'm looking to insure my art collection. How do I choose the right collection insurance?

Choosing the right collection insurance involves assessing the value of your items, understanding coverage options, and comparing policies.

What types of coverage should I consider for my art?

You should consider coverage for theft, damage, and loss, as well as any specific clauses for high-value items.

How do I determine the value of my collection?

You can determine the value by getting appraisals from certified appraisers or using recent sales data for similar items.

Are there any specific insurers that specialize in collection insurance?

Yes, there are insurers that specialize in collection insurance, such as Chubb, Hiscox, and AXA Art. It's best to compare their offerings.

What should I do if I need to file a claim?

If you need to file a claim, contact your insurer immediately, provide documentation of the loss, and follow their claims process.