Did you know artwork and collectible antiques may be covered under an insurance policy? Did you know, even as an artist, your pre-sold work can be covered from a loss? Your collection can be extremely valuable both financially and personally. Whether you are a collector or an artist, suffering any kind of loss or damage to your art or antiques can be extremely devastating. For this reason, ensuring you receive adequate coverage and compensation for your artwork and antiques is crucial.
If you have invested in collectible antiques, a collection of fine art, or you are an artist with your own collection of works, you need to ensure you have adequate insurance coverage for each before you have a loss. Sometimes your business or homeowners policy may have a limited amount of coverage for these items, but most of the time, you need to have a separate policy or additional coverage for scheduled items, which may require an appraisal of the value of each item before obtaining coverage. Contact your insurance agent to ensure you have the correct coverage. Also, always retain a picture of your artwork or antique, your proof of purchase documentation, your appraisals, and the Certificates of Authenticity in a safe place since each are key to a successful claim in the unfortunate event you have a loss.
At Middagh Law, P.L.L.C., we understand your artwork and antiques are valuable to you. In the event of a disaster or burglary, we want to work with you to ensure you receive the insurance coverage and compensation you are entitled. If your artwork or antiques have been damaged or stolen and you need assistance with an insurance claim, we may be able to help. Feel free to contact us for a free initial consultation to discuss your matter by calling (786) 395-1148 or emailing richard@middaghlaw.com.
