Which company offers the best fine art insurance?

Which company offers the best fine art insurance in Australia depends on whether you are artist, collector or gallery, but top rated insurers are Chubb, AXA XL, Berkley Insurance and specialist schemes via NAVA. For best for private collectors with high-value collections over $100K, Chubb Masterpiece is often rated best, offering agreed value, worldwide wall-to-wall cover, restoration and depreciation, new acquisitions automatic cover for 90 days, and no excess for many claims, with premium 0.5% to 1% of value, and excellent claims service for $500K+ collections. For best for artists and small galleries, NAVA National Association for Visual Arts insurance via Aon is best value, offering public liability $20M plus fine art cover for works in transit and exhibition for $400 to $800 per year for $50K cover, tailored for Australian artists and required by many councils and markets. For best for commercial galleries and museums, AXA XL Fine Art and Berkley Fine Art offer tailored gallery packages with stock, consignment, exhibition and transit cover up to $10M, with low excess. For best for online sellers and emerging artists, Duck for Cover and Guild Insurance offer art package with public liability plus property and transit for $350 to $600 per year. For best for international transit, Cadogan Tate and Grace Fine Art offer transit insurance via art shippers. Overall, for collectors Chubb is best, for artists NAVA via Aon is best value and widely accepted, compare via insurance broker specialising in fine art.