Paintings Insurance: A Walkthrough for UK Art Collectors
Even if you own only a few valuable paintings, protecting and preserving them is paramount. Even if you have general insurance, having paintings insurance means your collection is protected in case of loss and damage. Factors to think about when getting art insurance coverage include the dimensions of your paintings, if they reside in multiple locations, and whether you live in an historic or listed building. Make sure that the insurance agent you talk to about this is seasoned in assessing the value of your painting collection. Paintings insurance with enough coverage, a low excess and an affordable premium is the prudent way for UK collectors to protect their fine art.