Valuables insurance

Arta’s valuables insurance provides protection and peace of mind to buyers. Insurance coverage can be put in place for purchased shipped with Arta and other collectibles already owned. Valuables insurance is tailored to the individual’s possessions, location and risk profile - providing a unique policy to fit their unique collection.

How is this different than a homeowner’s policy?

A common misconception is that homeowners insurance will provide the coverage required for high value, fragile and one-of-a-kind items. Homeowners policies typically have limits per item for art, jewelry and collectibles. Loss and damage are often excluded, and coverage does not extend to new or traveling purchases.

What are the unique benefits of Arta’s valuables insurance?

• Valuables insurance does not have blanket per-item limits; coverage is set by recent sale or appraised value.
• Loss and damage are often covered for repair or replacement value.
• Coverage extends up to 150% of the itemized cost to account for appreciation.
• Newly acquired items are covered for up to 90 days (for 25% of the itemized coverage).
• There is no deductible to meet.
• Appraisals are only required for certain values, for example jewelry >$100k and art >$250k.

How does it work?

From our Emails or Tracking, buyers will be directed to complete a brief online form regarding their collection. In the next article, we will outline the steps to getting a quote.

If the buyer is satisfied, they can create a policy and submit payment right in Arta’s app. Once they have created a policy, they can create an account to review their policy, add items and make payments. We will discuss the functionality of the app to manage policies.

In the case an incident occurs, Arta’s app supports buyers to submit a claim.