What is Corporate Collection Insurance?
Sheets and more
For the business with a valued collection of fine arts, the standard property policy may not provide the proper coverage. Typically these valued pieces, such as paintings or sculptures, need a policy that properly reflects the special nature and value of these items. Acadia’s specially designed Corporate Collections insurance policy does just that.
Special Benefits for Private Corporate Collections can include:
- Valuation is based on scheduled limits, such as Fair Market Value or Stated Amount
- Covers expenses for transport of property to a safe facility in the event of a covered loss
- Provides automatic coverage for newly acquired fine arts for up to 25% of the policy limit