Frequently Asked Questions
If you can't find the answer your're looking for then you can use our Contact Form to request help.
What is fine art and collectibles insurance?
Fine art and collectibles insurance protects valuable items - such as paintings, sculptures, antiques, rare books, and memorabilia - against loss, theft, damage, or accidental destruction. It provides peace of mind that your collection is protected against physical loss or damage.
Why do I need specialist insurance for my art or collectibles?
Standard home or business policies may not offer sufficient coverage for high-value or irreplaceable items. Specialist insurance ensures accurate valuation, tailored protection, and expert claims handling.
What types of items can be insured?
We insure:
- Paintings, drawings, and sculpture
- Antique furniture
- Rare books, maps, and manuscripts
- Coins and stamps
- Watches and jewellery
- Sports memorabilia
- Musical instruments
- Ceramics, glassware, and design objects
Do I need an appraisal or valuation?
Yes, we require a professional valuation to determine the correct level of coverage and help in the event of a claim. We can recommend accredited appraisers if needed.
How is the insurance premium calculated?
Premiums are based on the item’s value, location, level of security, transit risks, and whether the items are on display, in storage, or on loan.
Are my items covered if I lend them to a gallery or exhibition?
Yes, if specified. Loan agreements and transit cover should be included in your policy. Make sure to notify us when planning to move or exhibit items.
What happens if my art is damaged or stolen?
You will need to report the incident, submit proof of value, and allow an adjuster to assess the loss. Claims are handled with sensitivity and expert knowledge of the art market.
Can I insure a single valuable item like a painting or a rare watch?
Yes, you can take out individual coverage for high-value pieces without insuring your entire collection.
Is my art insured during transit or while being restored?
Yes, if your policy includes transit and restoration cover. Always confirm with your broker before moving or restoring an item.
How do I value my collectibles for insurance purposes?
You should work with a certified appraiser or valuer familiar with the specific type of collectible. Auction house records and market trends are often used to establish fair value.
What’s the difference between agreed value and market value coverage?
- Agreed Value: You and the insurer agree in advance on the payout amount.
- Market Value: Payout is based on the item’s value at the time of loss.
Are collectibles insured if I take them to a trade show or fair?
Yes, with a policy that includes temporary location and transit coverage. Be sure to notify your insurer of the location and duration in advance.