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
AJR Public Adjusters