Art Insurance: Types of Art Insurance Companies

There are two types of art insurance coverage that will protect a work of fine art: Title and Property.

Title insurance insures against defective title, that the art work was not stolen or looted.

Property insurance is similar to homeowner's insuring against theft or damage.

Several insurance companies provide coverage for fine art:

• Chubb Group
  "Chubb's Masterpiece® Valuable Articles policy, valuable items are covered anywhere in the world with no deductible. Whatever possessions you insure, you will have the choice to repair, replace, or keep the cash."
• Atlantic Mutual
  Atlantic Mutual's Valuables Policy provides broad coverage for fine art.
• AXA Art
  "AXA Art is the only globally operating specialty art and collectibles insurance company offering tailor-made coverage solutions for private and corporate collections, museums, galleries and artists."
• Tata AIG Private Client Group
  Tata AIG Private Client Group provides coverage for fine art and rare antiques.