According to the I.I.I (Insurance Information Institute), regardless of whether you are purchasing your first piece of art or adding to an existing collection, proper insurance is essential in order to financially protect your investment in the event it is lost, stolen or damaged.
If you have a current collection it is important to get it regularly appraised to substantiate financial value. According to the World Wealth Report 2010, the demand for investments in luxury goods and collectibles, including art, was on the rise in 2010.
In the event of a water, fire, smoke, mold, or storm damage ensure you have adequate insurance coverage. Disaster One’s Contents Division can help save contents in the event of damage. Contact us to learn more about our Pack-Out Inventory and ways to Restore Your Future.