4 Insurance tips for ARTISTS

As a professional artist, you must have put your best effort into your work. But is your artwork insured? Is your art collection protected? What to do if your artwork is damaged? That's why you need an art insurance coverage plan to have peace of mind. Art insurance protects your paintings from everyday hazards, such as when the frame or the artwork breaks during shipment. Here we share four important art insurance tips for artists -

1. Photograph Each Piece of Your Creation

Photographs provide proof of your work. So, every time you create art, remember to take a photo of the final piece. This will help you track expenses, record your art collection, and serve as evidence if anything should happen.

2. Choose the right art insurance coverage.

Are you an emerging artist or a professional? A professional artist must protect his painting and collection. Art is a big investment, and you do not want your assets and lifetime effort to vanish in a fire. So, choose the right insurance company that has the experience and renowned for protecting fine arts. An experienced art insurance company knows how to value art and how to get back the compensation you deserve.

3. Read the fine print and know what your signing for

Visit fine art galleries in Hertfordshire and ask gallery staff for a policy booklet. Take a good time reading the fine prints and know what the policy covers by reviewing twice. Many art insurance policies do not cover water damage to paintings. So, research several insurance companies to compare and learn what to expect and things that are covered. Pay attention to the premium tax that you have to pay and the value of your artwork.

4. Safely pack your artwork for shipping.

What should you do if your art is damaged during shipping? While insuring your paintings may minimize the damage done, you must properly pack your artwork before shipping. Protect the glass with bubble wrap and cover your piece in a safe enclosure or box.

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elain john Joined: July 28th, 2019