By Hope Wolman of Insurance Office of Central Ohio
There are many reasons, and these apply not just to art, but to silver, jewelry, musical instruments, wine and many fine things. We like to think about caring for your art and fine things, just like caring for your home. These things have significant value, and need a bit of attention. For our purposes today Coco, I will just address art.
1. Most policies have limits on what you can recover for certain classes of property. Any many policies have exclusions for the breakage of fragile articles. So if you spend money on buying art, you want it protected; you don’t want to have a loss that is unrecoverable. Moreover, insuring certain art often costs less than insuring general contents.