High Value Art Insurance
Our art insurance covers the pieces you treasure. From paintings to sculptures, modern to contemporary.
Curating a prized art collection takes a fine eye. Providing peace of mind should something happen requires the right art insurers.
Collecting art, whether as a hobby or a family asset, can be a worthwhile investment but it does carry risk. It’s important you select a specialist insurance product which holistically protects your artwork whilst taking into consideration your unique circumstances.
At Stanhope Cooper, we know how irreplaceable these items can be as well as the volatility in market value. Our high value art insurance covers standard risks such as fire, lightning, storm, flood damage, but also extends to include theft and malicious damage. We can provide worldwide art insurance coverage, if requested, including accidental damage and damage in transit. Typically, there is no excess to pay for claims and our art insurance policies can settle a claim by reimbursement, replacement, or reconstruction.
-
What does art insurance cover?
The main benefits include in the home coverage, market value basis of settlement or agreed value if you have an approved valuation, accidental damage, theft and water damage. Cover also extends to death of an artist, depreciation and defective title. We can cover a single item of artwork, or a collection, with no upper limits.
-
How frequently do I need to get my art appraised?
It’s recommended to have your art appraised every three to five years. However, consider reappraising sooner if you acquire new pieces, sell artwork or if there are any significant market changes. Talk to Stanhope Cooper today for recommendations on discreet and high value art appraisers.
-
Is my art covered in transit?
Whilst it is not usually included as standard, Stanhope Cooper can offer cover for your artwork when it is in transit, subject to terms and conditions including full details of the risk. You will need to notify us before going on cover, ensuring we can tailor the transit cover for your needs.
-
Is death of an artist covered?
If the artist dies during the period of your insurance and the artwork is damaged, our insurance partners will, at no extra cost to you, increase your cover. This ensures greater protection should there be a sudden spike in artwork value, following a tragedy to the artist.
-
What type of art can you insure?
Our high value art insurance products cater for all types of artworks, fine art, and paintings, making provisions for all tastes. From single outdoor sculptures to drawings and prints as well as large collections of paintings.
Get a quote today
Please complete the brief form below and one of the Stanhope Cooper advisors will be in touch to assist. Alternatively, you can call our experts on 0207 776 9797.
