XML FeedsPREVENTION IS BETTER THAN LOSS
By admin on Mar 1, 2010 | In News, Insurance | Send feedback »
Fire and smoke, water, theft are accidental damage. Works of art are potentially vulnerable to all of these but sensible precautions can often prevent or minimize damage and preserve them for the owner and future generations.
Insuring your artwork for all of these possible effects is one of the best ways to help protect your fine arts in the event of a loss, but there are several preventative and maintenance steps you can take to properly care for your collection:
Make a video and/or photo book documenting your artwork. In the event that a disaster occurs, and artwork is damaged, a helpful resource for your insurance provider is visual evidence of the artwork you own.
- While taping, record each piece slowly and thoroughly in good lighting, including the front and back of each piece. Have three copies of this video - one in your home, one in a safety deposit box or other safe-keeping, and another with your insurance provider.
- Creating a photo book entails pictures of each artwork (front and back), a copy of the bill of sale (receipt of where you purchased the work), and a synopsis of the provenance and any other personal information related to the purchase or acquisition of the work.
