What are the insurance considerations for displaying high-value composite material animal sculptures?
Displaying high-value composite material animal sculptures requires careful insurance planning to protect against potential risks. Key considerations include:
1. Specialized Coverage – Standard art insurance may not fully cover composite materials, so seek policies tailored to modern sculptures.
2. Valuation Accuracy – Ensure appraisals reflect the sculpture’s material, craftsmanship, and market value to avoid underinsurance.
3. Transport & Installation Risks – Verify if insurance covers damage during transit, setup, or dismantling.
4. Environmental Protection – Composite materials may react to humidity or temperature; confirm coverage for environmental damage.
5. Exhibition Liability – Protect against third-party claims (e.g., injuries or property damage caused by the display).
Consult an art insurance expert to customize coverage for your unique needs.
