Museums & fine art insurance
Fine art insurance covers paintings, sculptures, manuscripts, antiques, historic artefacts and other items of artistic, historic or scientific interest against loss or damage, at home, on display, in storage and in transit. It suits museums, heritage and nature centres, historic houses, libraries, cultural centres and arts organisations, as well as galleries, exhibition organisers, corporate collections and private collectors in Qatar, including works on loan. We request offers from several insurers licensed by Qatar Central Bank, explain how each policy values your items, arrange the policy and follow up any claim with the insurer.
In QatarQatar's heat and humidity can harm artworks, so insurers may require climate-controlled storage and specialist packing for transit.
- Agreed value option based on a recent valuation
- Cover for loans from pickup to return
- Offers from several licensed insurers, clearly explained
- We follow claims with the insurer and loss adjuster
Cover at a glance
- Accidental loss or damage, including fire, water and theft
- Items in transit by land, sea or air (policy dependent)
- Works on loan, from pickup to return (policy dependent)
- Exhibitions at your venue or elsewhere (policy dependent)
- Restoration costs and loss of value after repair (policy dependent)
- Newly bought items for a set period (policy dependent)
Cover
What is covered
- Accidental loss or damage, including fire, water and theft
- Items in transit by land, sea or air (policy dependent)
- Works on loan, from pickup to return (policy dependent)
- Exhibitions at your venue or elsewhere (policy dependent)
- Restoration costs and loss of value after repair (policy dependent)
- Newly bought items for a set period (policy dependent)
What is not covered
- Gradual deterioration, wear, insects and vermin
- Inherent defects in the work or poor packing
- Damage during restoration or framing work (policy dependent)
- Items with disputed ownership or seized by the authorities
- Unexplained disappearance (policy dependent)
For information only. Final terms and conditions are set by the policy document issued by the insurer.
How to make a claim
Documents you'll need for each type of claim:
Damage to an artwork
- Policy number or a copy of the policy
- Clear photos of the damage
- Condition report before and after the damage
- Conservator's assessment and restoration estimate
- Latest valuation or purchase invoice
Theft or loss
- QID for individuals, or CR for organisations
- Policy number or a copy of the policy
- Police report
- Photos and a description of each missing item
- Latest valuation or purchase invoice
Damage in transit
- Policy number or a copy of the policy
- Clear photos of the damage
- Shipping documents and packing list
- Condition reports at dispatch and arrival
Need to make a claim?
Frequently asked questions
What is the difference between agreed value and market value?
With agreed value, you and the insurer agree each item's value when the policy starts, usually from a recent valuation, and that amount is paid for a total loss. With market value, the value is set after the loss, which can lead to disputes.
Does my home insurance cover my private art collection?
Home policies usually limit valuable items and may not fully cover art. A fine art policy, or listing each work by name, gives cover suited to high-value pieces.
We are borrowing works for an exhibition. What cover do we need?
Lenders usually ask for cover from pickup to return, including transit and display. Send us the loan agreement so we request offers that match the lender's requirements.
How often should I revalue my collection?
Art values change over time, so many collectors revalue every few years or after big market changes. An out-of-date value can reduce the claim payment.