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Is My Property Covered When Lending It Out?
I’m lending a painting to a museum. Is it covered under my personal policy? Lending a work to a museum or institution is a meaningful gesture – and one that comes with important logistics that are easy to overlook. Many personal art policies either exclude works on loan entirely or require advance written notice to…
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Collections Management 101 – Why Every Collection Needs a Digital Inventory
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Your Values May Be Outdated
Most collectors don’t realize their values are outdated until they need them. A work that was appraised fifteen, ten, or even five years ago may no longer reflect the current market. Auction results, private sale activity, artist demand, condition changes, attribution updates, and broader collecting trends can all affect value over time. This matters most…
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What is a ‘Scheduled’ Appraisal?
Your insurance carrier just asked for a ‘scheduled’ appraisal and if you’re not sure what that means, you’re not alone. This comes up often, and it’s one of the most important steps a collector can take to protect their investment. A scheduled appraisal is a formal, itemized document that lists each artwork individually with its…
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How Often Should I Update My Art Appraisals For Insurance Purposes?
Here’s a question every collector should ask themselves – when was your last appraisal done? The art market moves constantly. At artist’s market can shift dramatically in just a few years – upward or downward – and an appraisal that was accurate in 2019 may look nothing like today’s reality. Outdated appraisals are one of…