How are my Fine Arts Covered in my Insurance Claim?

Beauty is in the eye of the beholder.

Fine Art to one policyholder may not be the same for another.  Questions always arise how are my collectibles, fine arts treated in my insurance claim.  Below please find an analysis by The National Underwriter Company regarding this issue.

Highlights

Once it is determined whether an object is a fine art, it must be determined how the property should be insured.  There are sixteen named perils, and if one of those does not damage the property, there is no coverage.

There are special limits, most do not apply to true fine arts.  Coins have a special limit, as does silverware, gold ware, platinum ware including tea sets, gold silver and platinum, although some may not actually be fine arts.

The best option is to schedule the property into the homeowners policy with the Scheduled Personal Property Endorsement.

READ BELOW FOR FURTHER DESCRIPTION

Insuring Your Fine Arts

 

 

AJR Public Adjusters

602-795-5227

www.betterclaimresults.com

 

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AJR Public Adjusters

About AJR Public Adjusters – Trusted Experts with Over 37 Years of Experience With over 37 years of industry experience, AJR Public Adjusters has earned a reputation as a trusted leader in Arizona for advocating on behalf of property and business owners. We specialize in securing the maximum possible recovery for a wide range of insurance claims, including fire, water damage, theft, hail, and many other situations that can disrupt your life or business. At AJR, we don’t just handle claims; we fight for you. Our team works tirelessly to navigate the complexities of the insurance process, ensuring that you receive the full compensation you’re entitled to. Whether you’re dealing with residential or commercial property damage, we are here to protect your interests every step of the way. We offer a no-fee initial consultation because we believe that every client deserves expert advice without any obligation. Let us help you get the most from your insurance claim. Contact us today and start maximizing your recovery!

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