Coverages for your art and collectibles
What's covered Theft If your art is stolen. Damage Your insurance covers both total and partial damage. For example, you're typically covered if your painting is destroyed in a fire or if there's only partial damage from exposure to smoke. Loss and disappearance Even if you simply forgot where you left something, you're generally covered for scheduled items. Examples of art and collectibles
Statues and sculptures
Stamp or coin collections
What's not covered. Wear and tear Art or collectibles that simply deteriorate over time will not be covered.
For example A collection of vintage baseball cards that are smudged or frayed. Instead, something unexpected must happen (such as theft or fire damaging your art or collectibles). Art displayed outside your home. If you're displaying art in galleries or loaning it out, it's usually not covered by insurance. Very expensive items. Most insurance companies have a maximum limit they'll insure. This limit can vary and may depend on your policy's coverage amounts. If you have items worth more than the max insured amount, you'll need a completely separate policy.
How your insurance works and how you can get paid If your art or collectibles are damaged or stolen, just file a claim with your insurance company. If it's covered, your insurer will reimburse you for the cost of repair—or if lost or stolen, for the cost of replacement based on your insurer's valuation.