Do I need art gallery insurance?
Art gallery insurance is designed to protect the activities of galleries, picture framers, art centres, art studios and art dealers. With a number of cover options available, your cover levels can be customised to your individual requirements to give you peace of mind. Having the right level of protection in place to protect your art gallery is crucial to business continuity. If you'd like insurance advice get in touch today.
Insurance for your art gallery
Property protection is fundamental to any art gallery insurance, to protect your premises, contents and stock against exposures such as fire, flood, theft and storm damage. It can also cover goods held in trust, which means that if you are entrusted with artwork to frame or sell that doesn't belong to you; you still have protection should something go wrong.
Business interruption insurance for art galleries
If you suffer damage at your premises meaning you are unable to trade, then business interruption cover can ensure you won’t be out of pocket while you get your business back on track. This means that if you had a fire at the premises, your gross profit, fixed expenses, and even staff wages would typically be covered until you’re trading back to a position you were at, had the fire not taken place.
Liability insurance for art galleries
Liability insurance can also be included within your art gallery insurance, to protect your business against accidental injury or damage to third party property. For instance, if a client tripped on their way into your gallery sustaining an injury, you may be liable to pay compensation. Public liability cover as part of your gallery insurance can protect your business against pay outs in these circumstances. It will also typically cover any legal and medical costs incurred as a result.
If you have staff then you will need to include employers' liability cover within your insurance policy. This will fulfil your legal requirement, and protect you should your staff injure themselves during the course of their employment.
Legal protection for art galleries
Commercial legal expenses can be included within your gallery insurance, to protect against VAT disputes, employment disputes and compensation awards as well as offer cover for jury service allowance for staff and business partners, should you be summoned.
Hassle-free art gallery insurance
We’re committed to helping you find the right insurance for your art gallery so you can enjoy peace of mind and focus on what really matters – running your business. Compare quotes online to get quick, quality cover for your art gallery or alternatively call us for advice and let us arrange your insurance for you.