Why are insurance appraisals necessary for art and antiques?

Insurance appraisals establish accurate replacement values, ensuring your art and collectibles are properly covered in case of loss, theft, or damage.

How often should insurance appraisals be updated?

We recommend updating insurance appraisals every 3–5 years or whenever significant market changes occur to maintain accurate coverage.

Do ARTXPRT insurance appraisals comply with major insurance carriers?

Yes. Our USPAP-compliant appraisals are widely accepted by insurance companies for underwriting and claims purposes.

Can ARTXPRT appraise both individual pieces and entire collections for insurance?

Yes. We provide detailed valuations for single items or comprehensive collections, tailored to your insurance needs.

Do insurance appraisals include replacement cost estimates?

Yes. Our appraisals provide accurate replacement cost figures to ensure coverage aligns with current market conditions.

Insurance Appraisals

Insurance Appraisals of Fine Art & Antiques

When it comes to protecting valuable collections, accurate documentation is everything. A professional insurance appraisal ensures that fine art, antiques, and collectibles are properly covered and fully protected against loss, damage, or theft. Since 1975, Robert Levy of ARTXPRT – The Beverly Hills Appraisal Company has provided independent, USPAP-compliant insurance appraisals for clients across Los Angeles, Beverly Hills, Orange County, San Diego, and Santa Barbara.

His detailed insurance appraisal reports establish the replacement value of each item, giving collectors, homeowners, and insurers the confidence that coverage levels truly reflect current market conditions.

Why Insurance Appraisals Are Essential

Without an up-to-date appraisal, even the most comprehensive insurance policy can leave you underinsured. The art and antique market shifts constantly, values rise, fall, or fluctuate depending on demand, rarity, and provenance.

A professional insurance appraisal ensures your collection is:

Adequately protected under current replacement value standards
Properly documented with photos, descriptions, and itemized values
Compliant with insurance underwriting and claims requirements
Easily verifiable in case of damage or loss

ARTXPRT provides defensible appraisals recognized by major insurers and financial institutions, ensuring that your fine art and antiques receive the protection they deserve.

What Is an Insurance Appraisal?

An insurance appraisal establishes the replacement value of an artwork or antique, meaning the cost to replace it with a comparable item in the current retail market.

This differs from fair market value, which is used for estate, tax, or resale purposes. Replacement value reflects the price you would likely pay today at a reputable dealer, gallery, or auction house for an equivalent piece.

Our reports provide a clear, independent analysis of replacement value, supported by current market comparables and industry-standard methodology.

When to Update Your Insurance Appraisal

Fine art and antique values can change dramatically over time. To maintain accurate coverage, ARTXPRT recommends updating insurance appraisals every three to five years—or immediately following any of these events:

Acquisition or sale of artwork
Market surge or artist revaluation
Renovation, relocation, or change in storage environment
Damage, restoration, or repair to an existing piece
Policy renewal or insurer request for updated documentation

Regular updates ensure that your coverage keeps pace with the market and that your insurer has the most accurate valuation available.

Our Insurance Appraisal Process

ARTXPRT’s appraisal process is designed to meet the highest professional and insurance industry standards while remaining discreet and efficient.

Consultation & Scope Review
We discuss your collection, intended use, and any insurance requirements to determine the correct appraisal type and coverage needs.
On-Site Examination
Our certified appraiser inspects each piece in person, noting artist, medium, dimensions, condition, markings, and provenance.
Market Research & Analysis
We analyze comparable sales data from galleries, auction houses, and private sales to determine accurate replacement value.
Report Preparation
A USPAP-compliant appraisal report is created, including detailed descriptions, itemized valuations, high-resolution photographs, and supporting documentation.
Delivery & Support
The final report is delivered digitally or in print, and we remain available for updates, renewals, or insurer communications as needed.

Who Needs an Insurance Appraisal?

Private collectors with valuable art or antiques
Homeowners with inherited or decorative collections
Interior designers managing art installations
Corporate and hospitality clients insuring décor assets
Museums, galleries, and institutions maintaining loaned works
Insurance professionals requiring third-party valuation support

Whether you own a single painting or a multi-generational collection, ARTXPRT delivers the clarity and documentation needed to secure the right insurance coverage.

What’s Included in an ARTXPRT Insurance Appraisal

Each appraisal report is comprehensive, clear, and recognized by major insurers. Reports include:

Itemized list of all appraised objects
Detailed descriptions and identifying features
Professional-quality photography
Current replacement value supported by market data
Clear definition of intended use and scope
Certification of USPAP compliance
Appraiser’s signed statement of value

Our reports are designed for use in underwriting, policy issuance, claims processing, and coverage reviews.

Why Choose ARTXPRT for Insurance Appraisals

Decades of Proven Expertise
Since 1975, ARTXPRT has appraised thousands of artworks and antiques for insurance coverage and claims purposes.

Independent and Objective
We never buy, sell, or broker art, ensuring that our appraisals are free from bias and accepted by all major insurance carriers.

Fully Compliant
Our reports conform to the Uniform Standards of Professional Appraisal Practice (USPAP), the recognized ethical and performance standard in the appraisal industry.

Trusted by Insurers
Leading insurance firms, brokers, and underwriters rely on ARTXPRT’s appraisals for both new policy valuations and claims verification.

Confidential and Discreet
We maintain absolute confidentiality, protecting the privacy of our clients and the security of their collections.

Common Insurance Appraisal Scenarios

New Policy Underwriting: Establishing accurate replacement values for scheduled coverage.
Coverage Updates: Adjusting existing policies to reflect market changes or new acquisitions.
Loss or Damage Claims: Providing post-incident appraisals to support restoration or reimbursement.
High-Value Home Inventories: Documenting personal property for insurance and estate purposes.
Corporate and Institutional Coverage: Appraising art collections displayed in offices, hotels, or public buildings.

Protecting Your Art with Accurate Valuation

An insurance appraisal isn’t just paperwork, it’s peace of mind. In the event of fire, theft, flood, or accidental damage, your appraisal documentation becomes the foundation of your claim. Insurers rely on these reports to determine replacement costs and verify authenticity.

By keeping your appraisals current, you ensure your art and antiques are protected for their true market value, not an outdated estimate.

Schedule an Insurance Appraisal with ARTXPRT

For nearly fifty years, Robert Levy of ARTXPRT – The Beverly Hills Appraisal Company has been the trusted choice for fine art and antique insurance appraisals throughout Southern California. His reports are accepted by leading insurers and recognized for their accuracy, thoroughness, and professionalism.

Whether you’re protecting a single heirloom or a multimillion-dollar collection, ARTXPRT provides the expertise and documentation you can depend on.

Contact ARTXPRT today to schedule your confidential insurance appraisal consultation.