Most musicians don’t think about insurance when they buy an instrument. They think about tone, responsiveness, craftsmanship, projection. Insurance usually enters the conversation after something goes wrong. A freelance violinist based in New York once flew to Chicago for a weekend performance. She carried a $65,000 Italian violin. Against her better judgment, she gate-checked it […]
Fine Art Insurance: When Homeowners Coverage Isn’t Enough — and How to Structure It Properly
Most collectors don’t question their insurance until something goes wrong. A homeowner in Los Angeles owned a contemporary oil painting valued at about $120,000. Over a long weekend, his HVAC system failed. Humidity levels spiked. The canvas warped slightly, enough to require professional restoration. Repair estimate: $22,000. His homeowners policy did include personal property coverage. […]