The NY Times has an article in its Business Day/Your Money section on insuring fine art. The article pulls tips from the
Insurance Information Institute which many appraisers are already aware of, but it is always good to review, and it is even better that the NY Times is interested in publishing such infomration and tips, as it can only increase awareness. The short article also has some interesting links to related articles and information on insuring valuable possessions.
The NY Times article recommends collectors
- Find out what your existing insurance covers:
- What kind of additional coverage to get:
- Which insurance company to work with:
- Make sure to get the art regularly appraised and keep the right records:
To read the NY Times article, click
HERE.
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