Art Insurance Policies

Collecting fine works of art can become a passion for many, and they may well find that they end up with a sizable, and valuable collection. Or, you may find that you have inherited one or two valuable and treasured pieces of art. Whatever your situation, you should be looking to insure your art collection.

Most artwork will not be covered under normal home insurance policies, so you will not be financially compensated should anything happen to your home or if a theft occurred.

Once you have decided on a shortlist of policies, you can check your decisions by searching for reviews on

A real art insurance policy, taken out with a specialist provider will give you custom cover for your artwork either as a collection or on an individual basis. You can read art insurance companies reviews before you buy to get the best deals.

Initial Considerations

The first thing you need to do is to go to a good art broker. These people will have experience insuring art and will be able to assess your collection and put you in touch with the right kinds of insurance policy providers.

Once you’ve made your choice, then the company you go with is going to want to carry out an evaluation of your collection.


Part of this assessment is going to involve ascertaining the provenance of your collection.

You will need to provide receipts and proof of ownership of each of the works of art that you wish to insure.

In addition, any documentation that you have relating to each piece of art will need to be catalogued along with the piece of art in question.

You should take pictures of each of your pieces of art, front and back if it is a painting and from several angles for any other work. This is for your records as well as to go along with the insurers appraisal.

Ongoing Appraisals

Any insurance policy is only as good as the records of changes kept along with it. If you insure your house and extend it, you tell your policy provider.

The same is true of art insurance policies.

Art changes in value and perceived worth over time.

Your insurer is going to want to perform pre arranged re-appraisals of your collection. These will usually take place every three or five years.

In addition, as you buy and sell any work, you will need to tell your insurer, take the required pictures and provide all the usual provenance documentation to back up your new acquisitions.


It is vital that any art work you acquire is insured from the moment that it becomes yours. Many artworks are damaged in transit, and this type of claim is one of the most common claims against insured works.

Following that, damage to the collection from the environment they are held in is most likely, with water damage being the most common.

Having said this, it is your responsibility to keep your works safe. An insurance policy will not cover you for your negligence.