What is Antique Insurance?
Many antiques and other collectibles have high values that make them costly to replace in the event of damage or loss. Antique insurance may help Massachusetts residents and businesses that own these items make sure they’re able to replace high-value pieces that are lost or damaged in covered incidents.
Antique insurance is a unique form of property insurance that’s specifically designed to protect high-value antiques and collectibles. Since this is a unique form of insurance, it’s important to consult an agent who specializes in antique policies when selecting coverage for a collection of antiques.
Who in Massachusetts Needs Collectors Insurance?
Generally speaking, anyone in Massachusetts who has high-value antiques or collectibles can benefit from having collectors insurance. This includes both individuals and businesses who have collections of these items.
Some examples of people and businesses who might want a collectors policy include:
- Collectors who have curated substantial collections of antiques, artwork or other items
- Wealthy individuals who have even one expensive antique or piece of artwork
- Bed and breakfasts that have antique furniture in their rooms
- Artists who have traded for others’ artwork and amassed a sizeable collection
