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.
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
AJR is proud to announce another client wanted to share their outstanding experience with our representation. Click on link to read Kevin Ross’s @BBBArizona testimonial. Below are pictures from right after the fire and repaired photos. AJR assisted Kevin in maximizing his recovery to enable him to repair his garage in a timely fashion.
Kevin Ross A+ BBB Rating of AJR
Garage Fire, Glendale Arizona
Fire Damage, Insurance Claim
Laundry Room Fire Damage
Property Insurance Claim Recovery
As they say in life, “anything you say can and will be used against you.” To ensure you are properly represented with an adjuster who has over 30+ years experience, with your next insurance claim, contact AJR Public Adjusters first to ensure maximum recovery for your claim.
AJR PUBLIC ADJUSTERS, 602-795-5227
Send AJR an email
It’s the time of year when children are off for college campuses. Some children are not living in dorms this year. Many times these apartments won’t hand over the keys until proof is shown of insurance on their personal belongings as well as liability.
Here is an article about this topic.
** Specifically take note **
If a child is over 21
there is no coverage under the parents policy at all.
Good luck to all students headed back to college this fall.