Comprehensively protect valuable art

An art insurance policy offers extensive protection that goes beyond the traditional household insurance. At nextsure, we understand the emotional and material value of your art. Our art insurance typically covers damages caused by theft, burglary, vandalism, fire, water damage, storms, and hail. In addition, transport damages, damages during exhibitions or restorations, as well as simple theft and loss are often insured – this is known as all-risk coverage. It's important to know the exact scope and any exclusions of your policy. We provide you with transparent advice on which risks are relevant for your specific artworks and how you can optimally secure them, be it for paintings, sculptures, antiques, or entire collections. The digital platform from nextsure allows you to view and adjust your coverage details at any time.

Artworks are often not only stationary on your premises but also exposed to increased risks when on the move or at exhibitions. A specialised art insurance like the one from nextsure takes these special circumstances into account. The so-called "Nail to Nail" insurance provides comprehensive protection from the moment an artwork is removed from its place, throughout the transport, during the exhibition or loan, until it is safely hung back in its usual place. This includes risks such as damage during packing, loading, transportation via various modes, and at the exhibition venue itself. Ensure your policy includes these extended coverages, especially if you lend or transport your art. nextsure offers flexible solutions that adapt to your individual needs to protect your valuable pieces worldwide.

If, despite all precautions, damage occurs to your artwork, quick and correct action is crucial for smooth processing by your art insurance. Report the damage to your insurance immediately – with nextsure, you can do this conveniently online. Document the damage as thoroughly as possible: Take photos or videos of the damage and the location of the damage. Take immediate measures to mitigate the damage, if possible without endangering yourself and without increasing the damage (e.g. in the case of water damage, move the artwork to safety). Keep damaged parts until the insurance company has inspected them. In case of theft or vandalism, immediately report it to the police and forward the case number to your insurance. Providing complete and timely information facilitates the quick processing of your claim.

When choosing an art insurance policy, you are often faced with the choice between coverage for specifically named perils and an all-risk coverage. The all-risk coverage, which nextsure prefers for art insurance policies, offers the most comprehensive protection. It fundamentally covers all risks that your artworks might be exposed to, unless a risk is explicitly excluded in the insurance terms. This includes typical risks such as fire, theft, water damage, but also rarer occurrences like simple loss, careless handling, or transport damage. In contrast, a policy with specific risk coverage lists only the insured perils; everything else is not covered. For valuable and unique art pieces, all-risk coverage is usually the better choice, as it leaves less room for interpretation and casts a wider safety net. We are happy to advise you to find the optimal coverage form for your collection.

A home contents insurance policy often covers artworks only up to a certain value limit and usually only against standard risks such as fire or burglary. In contrast, a specialised art insurance policy offers all-risk coverage, takes into account the specific value (market value, sentimental value), covers damage during transport or exhibitions, and provides higher insurance sums that reflect the value of your art objects. Additionally, the terms are often more flexible and tailored to the needs of art owners.