The Importance of Inland Marine Insurance for the Fine Arts

commercial real estate insurance

Whether you need comprehensive coverage for an extensive municipal or corporate collection or something simpler for a smaller-scale gallery or fine art museum, inland marine insurance is a crucial part of a sound commercial property insurance plan. Such plans are tailored to the unique risks involved in fine art restoration, preservation, and display.

 

Custom Coverage for the Arts

 

While many fine art and historical collections remain on display permanently, frequently objects need to be transported or loaned. Inland marine insurance provides unique coverage options that can protect against damage for a wide range of items:

 

  • Fine Art Collections: Whether managed by corporate, commercial, or private actors, inland marine coverage offers protection of precious objects during display at a permanent location or while on loan to another collection.
  • Museums: Specialized insurance coverage can help safeguard the many unusual objects that can be included in historical collections during display or restoration.
  • Galleries: Art galleries often introduce unique challenges to risk management, due to the incredible range of exhibition styles and atypical art objects.

 

The Fine Art of Stewardship

 

From historical curiosities to modern works of art, inland marine coverage is a crucial part of an overall commercial real estate insurance plan. Customized to the unique demands of exhibitions and museums, a comprehensive plan can help businesses and individuals to provide the best stewardship possible for diverse art objects and historical artifacts.