Art Insurance: Costs, Coverage, and Digital Artwork Explained
Reading Time: 7 minutesArtwork insurance costs 0.1% to 0.5% of the appraised value per year for a scheduled fine art policy. A $100,000 collection runs roughly $100 to $500 annually; a $1 million collection, $1,000 to $5,000. Rates land at the low end for climate-controlled private residences with alarm systems, and at the high end for pieces that […]