A collector in Houston with a $2.8 million collection pays $3,900 annually for comprehensive coverage including worldwide protection, no deductibles on most losses, and automatic coverage for new acq…
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Is Your Art Collection Actually Protected? What Most Policies Miss
The fundamental problem with insuring art begins with a structural mismatch between standard insurance products and the nature of collectible property. Homeowners policies are designed to replace commodities—furniture, electronics, clothing—with equivalent items at current market prices. Art, by de… -
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