Art insurance By Divya Gupta
Published May 27, 2023, 2:20 p.m. by Naomi Charles
art insurance is something that every artist should consider. It protects your artwork from damage, theft, and other risks. There are many different types of art insurance, so it's important to find the right one for you. Here are a few things to keep in mind when shopping for art insurance:
What type of coverage do you need?
There are many different types of art insurance, so it's important to find the one that best fits your needs. Some policies cover damage, theft, and other risks, while others only cover one or two of these risks. Make sure to read the policy carefully to understand what is and is not covered.
What is the value of your artwork?
art insurance policies typically have a maximum limit, so it's important to know the value of your artwork before you purchase a policy. Your artwork may be appraised by a professional appraiser, or you may be able to get an estimate from an online calculator.
What is the deductible?
The deductible is the amount of money you will have to pay out of pocket if you need to file a claim. Deductibles can vary widely, so be sure to compare policies before you buy.
art insurance is an important consideration for any artist. By taking the time to understand your needs and compare policies, you can find the right coverage for your artwork.
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hello and welcome to the world of Mozart
oh now that's a world it opens up with a
lot of artwork in collectibles as soon
as you go to mojo calm but we like to go
to artists to do some time to time like
this time we're at baja dhawan rocky a
studio to understand all this arts so
much better however much we try however
we cannot because there's so many facets
to the art world that need way more
explaining which is why mojetto had
recently tied up with a course called
the business of art to try and
understand it all better let's go across
now to people like mr. kishore singh who
was a lecturer at the course and a few
others who attended it to find out first
of all why the need for a course like
this and secondly what did everyone get
out of it
so one of the main reasons why i joined
this course was because we actually
ensure art like any other asset we feel
that artists are you know every lee can
can be a very expensive asset to in
short if you have a Hussein or a raja
you know on your walls which is more
than I think a million dollars I think
you want to ensure it and now because
you can so I actually got a good
understanding of how the entire
ecosystem of artworks you know what are
the roles of the gallery's art
consultant collectors how are they
collecting and also valuation how is how
are we valuing art differently and that
is something that I really took away
from this case
