Distinguished

DECEMBER 16, 2024

Unlike competitors retreating from the market due to aggregation risks, our Fine Art and Collectibles insurance program brings fresh capacity and a willingness to underwrite policies tailored to Californias unique challenges. Many carriers encourage clients to insure their collections with specific Fine Art and Collectibles policies.

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JULY 29, 2024

Types of Valuations Insurance policies can be written on an agreed value/scheduled or blanket basis. If it’s a piece that increases in value, as with contemporary art and any high-value fine art collection, the agreed value in the policy could fall significantly short of its market value. Think Warhol, Banksy, and Haring.

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OCTOBER 9, 2024

The precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued. Berkley Corporation. Not all products and services are available in every jurisdiction. Certain coverages may be provided through surplus lines insurance company subsidiaries of W.

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JULY 22, 2024

Unfortunately, these unique risks are rarely appropriately covered by standard homeowner insurance policies. Avid collectors who rely on their homeowner’s policy are likely to encounter low coverage limits — if their collectibles are covered at all. For most, this will mean a collectibles policy.

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DECEMBER 2, 2024

Public art insurance is a specialized insurance policy designed to provide coverage to all artwork or valuable collectibles owned or loaned to a public institution.  For instance, a city could take out a public art insurance policy that would cover any artwork, historical artifacts, or even outdoor sculptures owned by that city.

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Deductible Broker-Agent Insurer Insurance 52

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OCTOBER 31, 2024

Review Your Insurance Coverage – Take the time to examine your liability insurance policy to confirm that it includes volunteer coverage. Their knowledge is crucial in emergencies, and they can offer valuable advice on enhancing your security measures.

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Protection Broker-Agent Inland Marine Broker 52

Protect Commercial Insurance

OCTOBER 25, 2024

Introduction When it comes to safeguarding your business, selecting the right insurance policy is crucial. It can be quite a daunting task with so many options out there, and understanding each policy’s intricacies is essential for your peace of mind and financial wellbeing. What are the policy exclusions and limitations?

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AUGUST 26, 2024

However, a general rule of thumb for Builder’s Risk is to expect a policy to cost anywhere from 1-5% of the total project cost. Who Needs to be Insured by a Builder’s Risk Policy? Developers : In larger commercial projects, developers need to be included on the policy. Access our online Broker Portal.

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Risk Broker-Agent Insurer Insurance 52

Distinguished

JULY 8, 2024

Hear from industry experts as they discuss critical differences in Hotel Primary policies and key risks to consider. A: No, our policy does not exclude human trafficking. You have the opportunity to learn game-changing sales strategies and insider knowledge that will set you apart from the competition. Access the full recording now!

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AUGUST 5, 2024

However, if your clients have been lucky enough to come across a rare Illustrator Pikachu Card ( worth over $550,000 ) or a vintage Boba Fett toy ( worth over $500,000 ), they’re going to need an insurance policy that properly covers them. This means a specialized collectibles policy. How Do You Insure a Toy Collection?

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Distinguished

SEPTEMBER 25, 2024

Different Builder’s Risk insurance policies vary from one insurance carrier to another.  Typically speaking, Builder’s Risk policies will cost anywhere from 1-5% of the total project cost. Who Should be Named in a Builder’s Risk Policy? Naturally, they must be named on the policy.

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Risk Broker-Agent Insurer Insurance 52

Distinguished

AUGUST 12, 2024

Our Builder’s Risk policies come standard with all of the most important coverages your clients will need to protect their under-construction properties.  Distinguished’s Builder’s Risk Insurance policies are customized based on the needs and situations of your clients. How Much Does Builder’s Risk Cost in Georgia?

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Risk Broker-Agent Insurer Insurance 52

Distinguished

JANUARY 7, 2025

We cover both owned and loaned exhibits, with adjustable policy terms to accommodate planned exhibitions. These collections require layered policies to address complex ownership structures and geographic distribution. Property and Liability products are distributed through a national network of agents and brokers.

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SEPTEMBER 10, 2024

Who Needs to be Insured by a Builder’s Risk Policy in Alabama? For a Builder’s Risk policy anywhere in the United States, it’s important everyone with a financial stake in the project be named in the policy. Cost of the project : The larger the project’s TIV, the more expensive a policy will be.  

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SEPTEMBER 17, 2024

For example, this has been ongoing since COVID but continues to have an impact – labor and product supply, and how that impacts whether we can extend a policy depending on the circumstances. Our max policy term is 24 months total, meaning the 24 months includes the initial policy term plus all extensions.

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Risk Broker-Agent Deductible Insurer 52

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OCTOBER 1, 2024

A: We are currently available for commercial policies in California, but we do expect to have approval for personal collections very soon. Get the Fine Art & Collectibles Insurance session handouts here: + Transcript & FAQ + Video Recording + Slides Below are some of the insightful questions from attendees during our session.

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Distinguished

OCTOBER 1, 2024

Register your agency with us to get your clients access to our exclusive private collections policies (if you haven’t done so already). Our team combines deep expertise across collection categories with flexibility in underwriting and customizing coverage.   Then, complete an application form and submit it through our online portal.  

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NOVEMBER 7, 2024

The risk transfer is essentially from the insured to the insurer, with no expectation of reimbursement from the insured for claims paid out, except in cases of fraud or violation of policy terms. Insurance Products: In insurance, when a claim is filed, the insurer evaluates the claim based on the policy’s terms and conditions.

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OCTOBER 24, 2024

Commercial General Liability policies typically have specific exclusions for intellectual property violations, including copyright, trademark, and patent infringement, and the Umbrella policy follows suit. Property and Liability products are distributed through a national network of agents and brokers.

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Distinguished

JANUARY 28, 2025

Having a comprehensive management liability insurance policy in place can help attract and retain board members who might otherwise be hesitant to take on such roles. We work closely with you to understand your clients’ needs and develop policies that provide the ideal amount of protection at the desired price point.

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