Whatever your taste, one of the main joys of owning works of art is being able to display them openly in your home, rather than locking it away in a safe. That’s why HomeProtect will insure your artwork as part of your home contents insurance.
Make sure you have enough insurance cover
Regardless of type, whether a sculpture or painting, pieces of art can be insured on your policy. You are covered up to £5,000 in total for high risk items such as artworks, however, if a piece is worth over £1,500 individually, then you must specify it on your policy. You should have your art valued regularly to ensure you choose the correct value for your insurance. If you make new purchases during the duration of a policy, then remember to update your cover.
Get your art professionally valued
Insurance can protect your art from accidental damage, flood, fire and theft. To accurately insure your artworks, you should get each item valued by a professional. This is particularly the case if you switch insurers, as you should get your collection appraised at least every two years, to account for changes in value. Different insurers will also have different cover levels.
Frequently asked questions
Can I insure artwork with home insurance?
Yes! HomeProtect contents insurance protects works of art within your home. Don’t forget that artworks worth more than a certain amount must be individually specified on your policy. Check the current level in our policy booklet.
Will home insurance cover my artwork if it’s stolen?
HomeProtect contents insurance protects works of art against theft from your home. Don’t forget that artworks worth more than a certain amount must be individually specified on your policy. There is also a maximum limit for high-risk items including artwork in any one claim. Check the current levels in our policy booklet.
Will my artwork be insured if it’s damaged in transit when I move home?
Yes, so long as you’ve specified it on your policy and requested cover away from your home
How do I know what my artwork is worth?
The best way to get a valuation for a piece of artwork is to approach an auctioneer. For ordinary paintings which are simply decorative in value, a general furniture auctioneer should be able to give you a reasonable idea of the replacement value of the piece. If you suspect your painting is more valuable, though, get an expert opinion from a specialist fine art auctioneer.