This region is our muse as individuals, and so our collaboration has been a natural progression.
We have joined together to present a collective vision of Muskoka.
Our works, in several media, complement one another, each piece finding its source in our common Muskokan soil.
- How much coverage is included in my standard policy for artworks and antiques? Isn't it better to find out now then LATER?
- What does my current homeowners premiums cover? Will it cover natural disasters, fire, flood, earthquakes, accidents, or theft?
- Are there any exclusions in my policy that I need to know about?
- Do I need to add an insurance RIDER to protect my art work?
- Does my current insurance company offer riders to cover art?
- Do i need to meet an additional deductible for this rider?
- Is my policy worth two times the appraised value of my paintings, sculptures and bronzes?
- Do you have a few any local art appraisers contact info that have good references?
GUESS what happens when your homeowners policy doesn't cover your art loss or theft?
That is right...
Even though you faithfully paid your premiums for your home insurance .
If you are thinking of investing in a Muskoka Seven piece of art then be sure to call your art agent now.
Here are 8 questions to ask when insuring your paintings, sculptures and bronzes
If you already own art then you owe it to yourself to contact your home insurance agent now and ask these questions today.
Art lovers are you making this common mistake with your valuable treasures you have collected?
So you are a fellow art lover.
Art graces the walls of your home and office.
It brings pleasure and joy to collect, own and share.
Are you assuming your home insurance will cover the theft or damage of your artwork and antiues?
Whether it is a painting, sculpture or anything else that strikes your artistic senses don't wait until you have a break in to find out that your precious possessions may not be covered.
If you own anything that is worth more than a $1,000 its time to talk to your local insurance agent to come up with a rider policy that will protect your treasures.
You might be a fan of the Antique road show.
The appraisers often tell people to insure their artwork for such and such value.
YOU need to do this also.
In this recent forbes article they suggest that "you should be insuring items for their retail replacement value, which means getting an appraiser to assess art works or other collectibles on that basis every few years. That way, you can supply appraisal reports to insurers to ensure you have adequate insurance coverage, but also to ensure you have the evidence to support future claims."
How much coverage do I need?
Typically, you buy insurance based on appraised value. In the event of a claim, some policies reimburse for that amount; others pay the greater of the appraised value and the market price, sometimes capping reimbursement at 150 percent of the former. Insurers expect clients to appraise their works every three to five years in normal markets, more often if prices are volatile. source