The personal articles floater, available through Big "I" Markets, offers customized products and services for commercial and personal inland marine fine art and valuable articles.
Coverage is available for museums, galleries, private dealers and corporate collections, as well as private fine art collections, jewelry, fine wine, silverware, musical instruments, antiques and any collectible imaginable.
This program offers many specialized features designed for all types of risks that will appeal to even the most discerning collector, regardless of risk size. The carrier's in-depth knowledge of both personal and commercial exposures enables them to underwrite diverse risks, resulting in policies that are individually tailored to meet the unique needs of your insureds.
Working with a specialty company that understands the unique elements of these risks leads to the most competitive pricing, considerably broader and more flexible coverage than the standard homeowners insurer, and expert claims handling.
Special items warrant special coverages, as well as terms not commonly found in standard policies. Coverage includes the following unique features:
- All risks of physical loss or damage
- Worldwide coverage, including transit
- Valuation options to meet individual risk needs
- No per-item limitations
- Newly acquired property coverage
- No deductibles
- Optional buy-back for recovered property
- Legal liability coverage for objects in an insured's care, custody or control
Claims are processed in-house by an expert adjuster from a tight network of specialists in the U.S. These specialists then work directly with your insured, guaranteeing privacy and the utmost discretion in adjusting the claim. This high-profile network of adjusters gives your clients access to a host of niche industry specialists to aid in the claims process.
Policies are written on an admitted basis. The carrier is rated A (Excellent), Size XV by A.M. Best. The personal articles floater is available on Big "I" Markets in all states except Alaska and Hawaii for both commercial and personal lines.