ART GALLERY INSURANCE
What is Art Gallery Insurance?
Art gallery insurance plans offer comprehensive protection for a gallery's stock and assets, whether they are on the showroom premises or temporarily removed for display at art fairs or exhibitions.
Art gallery insurance can provide wall-to-wall coverage with all-risks protection for artworks in transit or on display at exhibitions. There is always a risk that these artworks could be damaged while being transported to their final destination.
This insurance helps art galleries obtain innovative protection options to ensure complete coverage of their stock, no matter what happens.
What Does Art Gallery Insurance Cover?
The insurance covers art that is lost, stolen or damaged, whether accidentally or maliciously. Art Gallery Insurance is the ideal cover for:
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Galleries
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Private and corporate collections
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Exhibitions
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University collections (including standard library books)
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Fine art packers and shippers
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Classic car shows
Art Gallery Insurance Tips
When choosing the right policy, consider whether it will cover loss in value, such as due to a repair that reduces a piece's market value. Insurance experts recommend insuring art for its market value instead of its original cost.