Why use a broker to insure art and antiques

Art and antiques are an investment. Although it might seem a tad calculating to mention it, the financial value of a work of original art by an esteemed artist, for example, often appreciates steeply after their death. And given that art lovers are willing to pay large sums of money to own a piece that they find mesmerising and evocative, we think another issue follows logically: protecting it properly with insurance.

Money from an insurance payout can’t fully compensate for the loss of a wonderful piece of art, but it can provide at least a “quantum of solace”, as Ian Fleming might put it. It can be of practical benefit to investors who are at least protected from losing the financial value of their items as fine art doesn’t do well in a fire or a major water leak, and it certainly doesn’t do well in instances of burglary.

Aston Lark are specialists in finding the right insurance solution for art and antique collections. We understand that value of a good policy and will help you protect your investment, here’s how:

Discounts for fire and security

By asking you the right questions, we can ensure that your rates are discounted to reflect excellent fire and burglary protections. We can also give you advice on what you could do to make your risk more attractive to our insurers.

Quality cover

By getting to know what’s important to you, we can advise you on what cover you should have. Art collections should be insured on an all risks basis with worldwide cover so that they can be taken between locations. We agree the claim settlement amount with your insurer up-front so you are not disappointed if you have a loss. Finding the right insurance cover should never be a decision you have to make on your own.

Peace of mind

We understand that any damage to a piece of art or an antique could cause an emotional upset as many pieces are one of a kind and have sentimental value. Our in-house claims team will help guide you through a loss and get you the best possible settlement quickly and without fuss. We only deal with policies underwritten by quality insurers, which have good financial ratings and stability.

We will ensure that you are properly covered, paying the right price for the most suitable policy, and if you have a claim, we are here to help.

Insurance advice

To speak to Howden about your insurance, please call 020 8256 4901 or email privateclients@howdeninsurance.co.uk