Collecting Art and Art Insurance
Chubb covers a wide range of art, including paintings, sculptures, drawings, photographs, ceramics, textiles, and more. Contact your insurance agent or broker to discuss your specific art collection.
We know your pieces are one-of-a-kind. Not all collectors take the same care in selecting the right art collection insurance for their carefully curated pieces. Many collectors of fine art insure their fine art under a basic home & contents policy without realising that such policies rarely cover the full value of the artworks. If a loss occurs, they may find that they receive less for the damaged item than what it is worth, and that there is little scope for flexibility when dealing with a claim.
Chubb’s flagship prestige home and valuables offering for families and individuals with significant assets to insure and who appreciate a premium level of cover and service.
Fine Art Collection
From paintings to contemporary art, protect your treasures with some of the broadest art protection cover available. With a wide network of specialists with the knowledge and expertise to respond to your needs, you can be assured that your fine art is with an insurer that can deliver on its promise. We don’t compromise – and we won’t ask you to, either. Let us help protect the special things you’ve acquired over the years.
Our specialised fine arts coverage is perfect for individuals who appreciate art, collect valuable pieces, and wish to cover these priceless assets within their homes. This insurance is intricately woven into our Masterpiece policy.
Rainwater leaked into the balcony of our Insured’s house after a heavy downpour and flooded the balcony and master bedroom. The water flowed off the staircase onto a wall where the painting was hung. The painting was damaged beyond restoration.
Chubb paid S$100,248 for the loss.
Chubb covers a wide range of art, including paintings, sculptures, drawings, photographs, ceramics, textiles, and more. Contact your insurance agent or broker to discuss your specific art collection.
Coverage for your artwork is included in the Masterpiece policy, but the cost and amount of coverage is dependent on various factors including the value of the artwork, its condition, location, and specific coverage needs.
Chubb’s Masterpiece policy contains valuable articles cover - this section of the policy is specifically tailored to cover your specified valuables, including fine arts. Not all home and contents insurance policies contain valuable articles coverage. Contact your insurance agent or broker to find out more.
Chubb's Masterpiece policy can provide coverage for the loss of value or appreciation of damaged or stolen artwork, subject to policy terms and conditions.
To ensure accurate coverage and claims settlement, we require an appraisal for high value artworks or collections to establish their current market value.
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