Insurance inexpensive paintings

[artcol]

I doubt very much that this is possible - insurance works of contemporary art. But be surprised if I am wrong. By the way still need to come from Joseph's info on this topic.

[iosif]

artcol,
yet I have nothing new. There are insurers who agreed to take a very affordable fee, but fair warning (as my friends) that it was "only for the papers. I also need for the case.
Incidentally, two of the entrusted paintings, nobly took the risk on themselves. They also want to belong to his work seen.
While certainly working to discover more for the future, because real risk (without long-distance transport, congestion, joint and several liability, and with the low price work) - not too big.

[Artins]

Сообщение от artcol

I doubt very much that this is possible - insurance works of contemporary art. But be surprised if I am wrong. By the way still need to come from Joseph's info on this topic.

    Modern art may insure, but insurance companies treat it very carefully.
    To begin with, perhaps, worth mentioning that the bulk of these insurance companies put their own priorities, insurance venues projects conducted by public museums (on the causes, perhaps, to speak and do not need). But if you want something ready to name a few of them: do not raise issues with the need to authenticate, it is easy to determine the insured value, and very much govern the procedure for a variety of activities (starting from the work of dismantling and packing, while continuing to transport, unpacking, assembly further and exposure conditions). Continue on to speak of truths, in my opinion, not worth it.
     Often, it is the first two reasons and are a kind of a stumbling block in attempts to insure a private collection, but also contemporary art.
      First, it is very difficult to determine the insurance value of works of modern art. Well, if there were a public sale. And if they were not there? Secondly, very often there are cases that arise when the insured event (injury), the artist, if he managed to insure the product at an inflated price, is trying to declare a total loss of the product and get the maximum refund.
      By what is way gone insurers, in order to simplify your life? A path was chosen is simple - they have established the category of works of art (depending on their value) and have concluded agreements on cooperation with expert organizations, and where to send their clients.
      We all know that the insurance value can be determined: the parties' agreement, accounting documents, documents of value, drawn up by expert organizations, documents of public sales, etc.
        The introduction of categories allowed in some degree simplify the procedure for determining the insurance value. Something on the type of the following: the product price category up to 70 thousand rubles, or collection costs up to 250 thousand rubles are insured by the insurer stated price and product price range from 70 to 200 thousand rubles or collection cost from 250 to 700 thousand rubles - after evaluation of the authorized expert organization (the evaluation is conditional and is carried out from photographs), the product price range from 200 to 500 thousand rubles or collection cost from 700 to 1250 rubles - after the inspection of works approved expert art critic and once again, after the "contingent valuation", well, etc. etc.
      However, there may be reservations about the fact that if the experts that do not like it, you will need to pass the entire complex.

Speaking about the documents that I've seen, I can with great certainty say that the rules of a real symbiosis of property and transportation risks, which cover different periods of insurance:
- Time to find works of art in a room or vault;
- During transport;
- As well as stages: packing /unpacking, loading /stowage, unloading (including handling, temporary storage), during mounting /dismounting, including the exposure time or storage.
There is also specificity in damages when an insured event. It is clear that the total loss of product recovered its full value specified in the contract of insurance. In the case of damage to the work, reimbursed for the cost of its restoration (including the costs of leaving the restorer, the cost of materials, etc.), as well as possible compensation for the amount by which decreased the cost of the product due to its damage as a result of the insured event.

Continuing a theme, I can say that is worth a closer look at the Sogaz or VTB, they are ahead of the entire planet, and already have ponotsennye pravla insuring works of art. About entered their category will not say anything, do not have the information. But I hope that there will be more fully answer your questions.

Сообщение от iosif

artcol,
There are insurers who agreed to take a very affordable fee, but fair warning (as my friends) that it was "only for the papers. I also need for the case.

While certainly working to discover more for the future, because real risk (without long-distance transport, congestion, joint and several liability, and with the low price work) - not too large.

We, as simple townsfolk, many can argue about the degree of risk, large or small ... As I mentioned in a parallel theme, the degree of risk is determined by the insurer, based on the information that he provided the insured.
There is even a special surveys ... If you only saw what the British surveys, for example at Hiscox 'a, tire fill ... and told them about family, about family and about domorabotnits as much as about the different conditions of storage ....
As I understand it, the more detailed information on the conditions of storage, transportation, etc., so a clearer picture in my head from the insurer, but if more and facility on the premises, then the prices will not be as fantastic ... The British just do not ache to be with such completeness of the information ....
And the British, our insurers, too, they keep the alignment ... When insuring major exhibitions with plenty dorgih exhibits, they still have to err on the British, because its limits can not hold such risks ... Sootvetvenno and conditions of the British to carry out ... That's how ..
I hope at least a little clarified the situation ...
Will ask questions than I can always be glad to help ... that it is not clear explain ...

[NATA NOVA]

Сообщение от artcol

I doubt very much that this is possible - insurance works of contemporary art. But be surprised if I am wrong. By the way still need to come from Joseph's info on this topic.

Subject chrezvachayno burning
From my practical experience. When you study the announcement of the admission work at a major exhibition (in Britain), the organizers (usually) a separate mention the fact that they bear no responsibility for damage in transit, loss in mail, and during the exposure t.d.i ie n . and I highly recommend artists to take care of insurance at the time of the exhibition. That in general it makes more sense, because the artist himself knows better how much he wants to cost ..
(and how many may have to pay) ...

[mdonnikova]

Сообщение от artcol

Joseph, much easier to conclude a contract of bailment with the exposed body.
Otpishites what will be the result of insurance - I think everyone will be interesting. Just briefly - insured or not.

what sanctions shall be exhibited in the organization for breach of contract of bailment?

[Пар-И]

This topic crops up again enigmatic figure otsenschika.Ya confronted with this temoy.Otsenschik litsenzionnyy.Ya must be met and became friends with an appraiser who has the unique (know how) technology works otseki iskusstva.On evaluated private museums, helping to evaluate the product state. Museum of roving exhibitions for us to strahovki.Pomog valuation report on the work Zykov AI The notary was surprised literacy perform this raboty.Ya asked to write a booklet by the way in which cases need this evaluation akt.Kto faced with this problem can pomoch.Vsem luck.