Benefits of Fine Art Insurance
The benefits of having fine art insurance are numerous and can protect your artwork from a variety of potential risks. Some of the key benefits include:
- Protection from theft or damage: If your artwork is ever stolen or damaged, fine art insurance can help reimburse you for the lost or damaged
- Tax deductions: If you use your artwork for business purposes, you may be able to write off the cost of your fine art insurance premiums as a business expense on your taxes.
- Coverage for exhibitions and installations: If your artwork is ever displayed in a public exhibition or installation, your fine art insurance policy will likely provide coverage for any damages that may occur.
- Coverage for loss of use: If your artwork is damaged and needs to be repaired or replaced, your fine art insurance policy might provide coverage for the loss of use of the artwork while it is being repaired or replaced.
- Worldwide protection: Most fine art insurance policies provide worldwide protection, so your artwork is protected no matter where in the world it is.
Some fine art policies also include coverage for protecting your assets when they are shipped or moved to a different location.
Safeguarding Your Fine Art
If you have questions about your fine art policy, our team is standing by to assist you. Call us directly at the number above or fill out the contact form by clicking the quote button below and we will be in touch.
