daveyuk
New Member
Posts โข 103
Likes โข 37
February 2015
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House insurance or insure separately? , by daveyuk on Sept 19, 2016 11:38:24 GMT 1, Hi there,
Sorry for what must sound like the most boring title for a post but I've come up against a problem in that a piece of art I now have makes in really difficult to add to my regular household insurance. hardly any insurance company wants to add any single item over ยฃ10k.
My question is - can anyone recommend a UK insurance company that will insure items way over 10k ...or is there an insurance company I can go to and insurance my art completely separately, away from my regular household insurance.
Any advice very gratefully received!
Best from the west,
D
Hi there,
Sorry for what must sound like the most boring title for a post but I've come up against a problem in that a piece of art I now have makes in really difficult to add to my regular household insurance. hardly any insurance company wants to add any single item over ยฃ10k.
My question is - can anyone recommend a UK insurance company that will insure items way over 10k ...or is there an insurance company I can go to and insurance my art completely separately, away from my regular household insurance.
Any advice very gratefully received!
Best from the west,
D
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Poster Bob
Junior Member
Posts โข 5,807
Likes โข 5,418
September 2013
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House insurance or insure separately? , by Poster Bob on Sept 19, 2016 11:51:22 GMT 1, If you search the forum there is a wealth of advice available on this subject.
If you search the forum there is a wealth of advice available on this subject.
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Hubble Bubble
Junior Member
Posts โข 4,097
Likes โข 3,530
December 2010
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House insurance or insure separately? , by Hubble Bubble on Sept 19, 2016 11:54:04 GMT 1, Hey Davey
There are quite a few threads on this already. Better folk than I will be able to link you to them!
Hey Davey
There are quite a few threads on this already. Better folk than I will be able to link you to them!
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settingson
New Member
Posts โข 540
Likes โข 511
May 2014
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House insurance or insure separately? , by settingson on Sept 19, 2016 12:23:39 GMT 1, This was a recent one but I'm sure there are more. Just use insuring in the search facility and scroll through a few pages and useful threads pop up.
urbanartassociation.com/thread/134592/insuring-art-uk
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House insurance or insure separately? , by Global Art Traders on Sept 19, 2016 12:42:12 GMT 1, Take a look here, Brownhills 'Love Art' insurance. Many forum members use this.
LINK
If you quote GAT you will receive favourable service 
Take a look here, Brownhills 'Love Art' insurance. Many forum members use this. LINKIf you quote GAT you will receive favourable service |
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retrome
New Member
Posts โข 341
Likes โข 53
December 2007
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House insurance or insure separately? , by retrome on Sept 19, 2016 13:56:18 GMT 1, Take a look here, Brownhills 'Love Art' insurance. Many forum members use this. LINKIf you quote GAT you will receive favourable service
Thanks,
Alex
from Brownhill Insurance Group (a.k.a Love Art Insurance).
Take a look here, Brownhills 'Love Art' insurance. Many forum members use this. LINKIf you quote GAT you will receive favourable service Happy to offer any advice even if anyone would just like to run things by me. 020 8353 8907. Thanks, Alex from Brownhill Insurance Group (a.k.a Love Art Insurance). |
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trowel
New Member
Posts โข 622
Likes โข 287
September 2006
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House insurance or insure separately? , by trowel on Sept 19, 2016 13:56:43 GMT 1, Hiscox cover any single item valued at up to ยฃ15k without need to itemise. Not cheap, but has been useful to know everything is covered without having to continuously track and report the rising value of certain pieces.
The problems start once anything gets past ยฃ15k, at which point you may need to consider that putting items in storage is the way to go for both value for money and for peace of mind.
Still, nicer problems to have, as the lottery advert says...
Hiscox cover any single item valued at up to ยฃ15k without need to itemise. Not cheap, but has been useful to know everything is covered without having to continuously track and report the rising value of certain pieces.
The problems start once anything gets past ยฃ15k, at which point you may need to consider that putting items in storage is the way to go for both value for money and for peace of mind.
Still, nicer problems to have, as the lottery advert says...
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njr911
Junior Member
Posts โข 2,365
Likes โข 402
April 2007
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House insurance or insure separately? , by njr911 on Sept 19, 2016 14:00:14 GMT 1, I use Brownhills - what I don't know is how it would affect your regular home insurance policy as while you are insuring art with another company, a high value collection would increase the risk on the regular insurance.
I use Brownhills - what I don't know is how it would affect your regular home insurance policy as while you are insuring art with another company, a high value collection would increase the risk on the regular insurance.
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njr911
Junior Member
Posts โข 2,365
Likes โข 402
April 2007
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House insurance or insure separately? , by njr911 on Sept 19, 2016 14:01:29 GMT 1, I'd like more details about secure storage if anyone has any ?
I'd like more details about secure storage if anyone has any ?
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trowel
New Member
Posts โข 622
Likes โข 287
September 2006
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House insurance or insure separately? , by trowel on Sept 20, 2016 20:05:17 GMT 1, I'd like more details about secure storage if anyone has any ?
I'd like more details about secure storage if anyone has any ? I got some quotes earlier in the year from a few places including Momart, which all generally came in at around ยฃ50 per week for spaces of 6m 3 - they are geared up to storage of objects, and I couldn't find anywhere that could quote for print storage. Open to suggestions myself. |
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Flashback
Junior Member
Posts โข 1,240
Likes โข 1,149
April 2016
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House insurance or insure separately? , by Flashback on Sept 21, 2016 1:25:53 GMT 1, I'd like more details about secure storage if anyone has any ? I got some quotes earlier in the year from a few places including Momart, which all generally came in at around ยฃ50 per week for spaces of 6m 3 - they are geared up to storage of objects, and I couldn't find anywhere that could quote for print storage. Open to suggestions myself.
Might be worthwhile asking your local storage units for a quote and also any online insurers as I would think that you might get a cheaper quote with your art being in a manned secured building with coded entry and cameras.
I'd like more details about secure storage if anyone has any ? I got some quotes earlier in the year from a few places including Momart, which all generally came in at around ยฃ50 per week for spaces of 6m 3 - they are geared up to storage of objects, and I couldn't find anywhere that could quote for print storage. Open to suggestions myself. I have a general storage unit but I don't keep much art in it. It is ยฃ40 for the year for them to insure ยฃ1000 of my stuff but I could have used my own insurance if I wanted to. Might be worthwhile asking your local storage units for a quote and also any online insurers as I would think that you might get a cheaper quote with your art being in a manned secured building with coded entry and cameras. |
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trowel
New Member
Posts โข 622
Likes โข 287
September 2006
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House insurance or insure separately? , by trowel on Sept 21, 2016 7:37:53 GMT 1, I got some quotes earlier in the year from a few places including Momart, which all generally came in at around ยฃ50 per week for spaces of 6m 3 - they are geared up to storage of objects, and I couldn't find anywhere that could quote for print storage. Open to suggestions myself. I have a general storage unit but I don't keep much art in it. It is ยฃ40 for the year for them to insure ยฃ1000 of my stuff but I could have used my own insurance if I wanted to. Might be worthwhile asking your local storage units for a quote and also any online insurers as I would think that you might get a cheaper quote with your art being in a manned secured building with coded entry and cameras.
I got some quotes earlier in the year from a few places including Momart, which all generally came in at around ยฃ50 per week for spaces of 6m 3 - they are geared up to storage of objects, and I couldn't find anywhere that could quote for print storage. Open to suggestions myself. I have a general storage unit but I don't keep much art in it. It is ยฃ40 for the year for them to insure ยฃ1000 of my stuff but I could have used my own insurance if I wanted to. Might be worthwhile asking your local storage units for a quote and also any online insurers as I would think that you might get a cheaper quote with your art being in a manned secured building with coded entry and cameras. Self-storage was something I looked at (my area is a hot-spot for some weird reason), but they specifically exclude high value items from the list of things that can be stored. e.g. Big Yellow: "any item of high value requiring specialist storage (including without limitation jewellery, money, bullion, deeds, bonds, securities, stamps, antiques, fine art or fine wines;" |
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avec art
Junior Member
Posts โข 3,726
Likes โข 3,061
March 2014
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House insurance or insure separately? , by avec art on Sept 21, 2016 8:39:32 GMT 1, Prints have the additional requirement of needing a temperature and humidity controlled environment. So I'd say a specialist service would be necessary.
Prints have the additional requirement of needing a temperature and humidity controlled environment. So I'd say a specialist service would be necessary.
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Deleted
Posts โข 0
Likes โข
January 1970
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House insurance or insure separately? , by Deleted on Sept 21, 2016 9:18:36 GMT 1, I insure home and contents with Directline Select and it covers all artwork from point of purchase so as a bonus I don't have to shell out for insurance when shipping. I have to name items over ยฃ10k but I can have as many as a like unnamed below that value.
I also just put my own replacement value against prints, they don't ask for independent valuations, the higher I value them, the higher my premium.
I insure home and contents with Directline Select and it covers all artwork from point of purchase so as a bonus I don't have to shell out for insurance when shipping. I have to name items over ยฃ10k but I can have as many as a like unnamed below that value.
I also just put my own replacement value against prints, they don't ask for independent valuations, the higher I value them, the higher my premium.
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