| When a business holds an art exhibit they usually think | | | | not having it. |
| about the beauty of the event as well as the prestige | | | | When holding an art exhibit it is not just in the movies |
| that may be garnered by such an event. However the | | | | that pricey art is stolen and/or destroyed. Not having |
| nightmare of an event like this can become a reality | | | | the appropriate coverage can cost millions and destroy |
| unless your business has acquired paintings insurance. | | | | a business monetarily as well as destroy their image. |
| For most of the world's renowned collectors it is | | | | Each type of coverage is important and the business |
| common place to have coverage. However some | | | | should make sure to cover any type of accident that |
| businesses may be under the impression that their | | | | they believe may happen. If your art is covered for fire |
| normal coverage will cover claims brought by from | | | | and water damage but not theft and your art is stolen |
| their artwork. This is not the case, of all the many | | | | then your business is out of luck. |
| things that could happen most of them are not | | | | Obviously when an agent is sent by the company to |
| covered by simple business coverage. | | | | assess the risks for your artwork they will be looking |
| Your business needs to acquire paintings insurance to | | | | at many different factors to determine whether or not |
| cover any accidents that can be expected as well as | | | | the artwork is insurable and at what price. The more |
| any that may come about unexpectedly. When adding | | | | expensive the artwork the more expensive the |
| this type of coverage it is common for a business to | | | | paintings insurance will be. Usually theft coverage is |
| know exactly why it may be needed, here are a few | | | | very expensive as this should cover the entire cost of |
| good reasons: | | | | the art. |
| - Art Theft | | | | Paying for as much coverage as your company can |
| - Damage by Fire | | | | afford can save your business an absurd amount of |
| - Damage by Flood | | | | money later. However be sure not to over insure your |
| - Damage by Weather Related Accident | | | | art so as to cause financial problems later on for your |
| - Transfer Damage from one site to another | | | | business. This can happen and will happen if your |
| It is important to think about these things as well many | | | | business is ill-prepared for any event, even unforeseen |
| others. The other reasons may not be blatant to your | | | | ones. |
| business at this time but at least sit down and give an | | | | Make sure that your business has their act together |
| agent the time to explain what you may need and | | | | when planning your next art exhibit. Acquire paintings |
| why. Paintings insurance is complicated to someone | | | | insurance and get the proper coverage that your |
| who has never thought about it but once you have it | | | | business needs so that your exhibit can be great |
| explained it to you there really is not a good reason for | | | | without worrying about incurring losses. |