Fine Art Insurance Policy Valuation 
International Society of Appraisers
APRIL 19, 2024
” Specifically, many people may not realize that traditional homeowners insurance policies typically have coverage limits that may not be sufficient to adequately protect high-valued property such as fine art, jewelry, or luxury items. Their expertise ensures that the valuation is accurate.
ValuePros Appraisal Services
MARCH 23, 2018
By Ray Nugent Fine Art Insurers require more frequent valuation updates for Fine Art items than other less dynamic markets. With Fine Art the event is a secondary market auction hammer price. We have all seen the sensational headlines of “a new record auction price” for work of art.
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Art Appraisal Resources
JULY 13, 2023
You should check with your insurance provider to see what is and is not covered by your homeowners or rental insurance policy. You do not need a formal written appraisal to sell most fine art. The IRS Requires a formal written appraisal by a Qualified Art Appraiser for any fine art donated with a value over $5000.
Artifactual History Appraisal
SEPTEMBER 17, 2019
All appraisal reports written in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP) have to include identification of the level of the market the appraised values are set in and the effective date of the valuation. The next level is Fair Market Value.
JSK Fine Art Appraisals
OCTOBER 15, 2023
In the unfortunate event of theft, damage, or loss, a comprehensive appraisal ensures that you can adequately recover the financial value of your assets through insurance coverage. Accurate Valuation for Adequate Coverage: The art market is dynamic, with values fluctuating over time.
Art Peritus
FEBRUARY 17, 2023
Art Peritus recently sat down with Katja Zigerlig, Vice President, Art, Wine and Collectibles Advisory at Berkley One, a Berkley Company (WRB) to discuss the nuances of collecting and insuring Fine Art. It’s also important to use a professional appraiser, like the staff at Art Peritus. K: Yes indeed.
Art Peritus
SEPTEMBER 3, 2024
Today, major insurers are well-versed in protecting collections, some offering policies specific to the type of items collected. Most standard policies will not provide this degree of specific coverage. Many fine art policies will even cover market fluctuations, protecting collectors up to 150% of the scheduled value.
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