[1] While physical preservation is ideal for preserving masterpieces, modern Americans tend to also insure pieces of fine art. [2] By procuring a fine art insurance policy, owners or custodians of fine art can protect their financial investments from a variety of uncertain risks. [3]Fine art policies are generally more expansive than other types of insurance because there are unique risks associated with possessing fine art. v. Certain Underwriters at Lloyd’s of London is a more recent example of a fine art insurance dispute. [4] See Christiane Fischer & Jill Arnold, Insurance and the Art Market, in Fine Art & High Fin.

Source: Forbes February 24, 2026 01:06 UTC