Transport insurance for works of art and precious objects

Transporting works of art and precious objects calls for heightened vigilance and robust protective measures to ensure the integrity and security of the goods being transported. Dedicated transport insurance is one element of this protection. There are two main types of insurance used for transporting works of art, which cover the services offered by Group ESI: nail-to-nail insurance and ad valorem insurance.

Nail-to-nail and ad valorem insurance: two guarantees for your works of art in transit and in storage

Nail-to-nail insurance

Nail-to-nail insurance covers works of art from the moment they are unhooked or dismantled from their original location until they are installed at their final destination, from the initial hanging “nail” to the final hanging “nail”. This insurance is particularly useful for temporary exhibitions, art loans and auctions.

It is aimed at museums, art galleries, art dealers and private collectors in particular.

In the event of a claim, it guarantees compensation according to the terms of the insurance contract signed, covering the entire duration of the transport, including temporary storage phases. Insureds benefit from complete coverage for the entire duration of the transport.

As a carrier, whether by sea, air or land, we make sure that every step, from loading to unloading, is covered.

Ad valorem insurance

Ad valorem insurance covers goods up to their declared value.

Unlike insurance based on weight or volume, ad valorem insurance guarantees compensation proportional to the value of the goods transported.

This basis of cover is more in line with the high value of exceptional objects such as works of art, which require comprehensive financial protection.

Group ESI stresses the importance of insurance for transporting works of art

There are several reasons why it’s essential to take out art transport insurance.

It offers financial protection by indemnifying the value of works of art in the event of loss or theft, which is essential for collectors, museums and galleries handling high-value pieces.

Insurance also provides considerable peace of mind, allowing works to be transported and exhibited without fear of damage.

 

What risks are covered by the insurance included in Group ESI’s services?

The insurance policies included in Group ESI’s services cover several risks associated with transporting works of art:

  • They offer essential financial protection in the event of a claim. In this way, rapid compensation is provided if damage is sustained.
  • They take into account the limitations of carrier liability and possible exonerations, such as cases of force majeure or gross negligence.
  • Insurance covers risks specific to each type of transport used during the journey (sea, river, road or air).
  • Property damage, theft, loss and natural disasters are also covered.
  • Insurance guarantees the protection of works of art during handling, loading and unloading operations, ensuring that they arrive at their destination in perfect condition.

 

Art transport and storage insurance for museums, galleries and private collectors

For museums, galleries and private collectors, transport and storage insurance is necessary to protect valuable works of art against theft, accidental damage, loss and natural disasters.

The first step is to properly assess the value of the collections in order to obtain adequate coverage. Specialized insurance policies include specific clauses for works of art, such as increased protection for temporary exhibitions or inter-institutional loans.

Rigorous documentation of the condition of pieces before and after transport is essential to facilitate claims. Investing in the right insurance protects not only the financial value of works of art, but also their cultural heritage, whether with nail-by-nail or ad valorem insurance.

Transport insurance for interior architects, designers and decorators

Whether you’re transporting furniture from one house to another, installing it on a private yacht, etc., or works of art from auction houses or art dealers, or prototypes, it’s essential to take out specific transport insurance.

This insurance covers the risk of damage, loss or theft during transport. We recommend that you document the condition of your items before they leave.

Carefully read and understand every term and condition of the insurance policy, to ensure that all possible situations are covered.

At Group ESI, our team of handling technicians are experts with world-renowned know-how. The transport we offer is secure and of the highest quality, so that the integrity of the works of art and precious objects transported is preserved.

By understanding coverage and the insurance process, owners and carriers ensure that these treasures arrive in perfect condition.

Si vos produits ne sont pas couverts par une police flottante, Group ESI peut se charger de couvrir pour votre compte une assurance tous risques. Cette prestation vous permet d’envisager sereinement votre prochaine expédition sur une foire ou une exposition, ou tout au long de votre déménagement. Bien que certains contrats d'assurance classiques puissent couvrir les œuvres, il est important de vérifier les montants couverts et les conditions spécifiques de transport. Dès que la valeur de vos œuvres dépasse ces limites de responsabilité, il est indispensable de souscrire une assurance transport adaptée.
Oui, il est essentiel de souscrire à une assurance pour vos objets d'art lors de leur stockage. Il est essentiel de couvrir divers risques comme l'incendie, l'explosion, la foudre, et les catastrophes naturelles, ainsi que les dégâts des eaux, les dommages électriques, et le vol par effraction pour en citer quelques-uns. Le client, en tant que donneur d'ordre, doit s'assurer que ses biens et marchandises sont protégés. Une assurance spécifique peut être souscrite sur demande, précisant les risques à couvrir et les valeurs à garantir. Le coût de cette assurance supplémentaire est à la charge du donneur d'ordre.

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