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Safe Bets

PUBLISHED: 10:12 04 January 2012 | UPDATED: 20:51 20 February 2013

Safe Bets

Safe Bets

Having the correct insurance in place for your fine art, antiques and jewellery is crucial

Having the correct insurance in place for your fine art, antiques and jewellery is crucial


An increasing number of people are choosing to invest in fine art, antiques and jewellery, with the current economic climate making these items, in many peoples eyes, a safer bet than the more traditional investment routes.


This increase in collectors has pushed the price of many antiques, in particular gold and silver, to an all-time high. The popularity of antiques and vintage items is also increasing, partly due to ever-growing media attention and the rise of television programmes focusing on this area.


Whether you own a personal collection of art, antiques and jewellery or are investing for the future, it is essential your valuables are insured correctly. As an insurance broker that specialises in providing cover for fine art, antiques and jewellery we regularly receive enquiries for insuring valuable items. In a lot of cases these items were purchased many years ago, or have been inherited. Many clients have little idea of the value of their items and are shocked when they realise their true worth.


Establishing the correct value of these items is the first step towards securing a suitable insurance policy. Higos has a panel of high net worth insurers and associations with a number of valuing houses, who arrange professional valuations for either single items or a collection. It is essential your treasured possessions are covered for the correct amount, ensuring in the event of a claim that you are indemnified correctly.


Once your bespoke policy is in place with a specialist insurer, your broker can handle any loss in an appropriate manner. Whether restoring a damaged painting or sourcing a suitable replacement, your claim will be handled by a specialist who has experience in dealing with damaged, lost or stolen valuables or fine art.


Insurers are acutely aware of the theft attraction these items hold and will work closely with the Art Loss Register, formed in 1991 in London by a partnership of leading international auction houses and art trade associations and the insurance industry. It is the worlds largest database of stolen art and antiques, dedicated solely to their recovery.


The individually tailored policies provided by Higos Insurance Services provide a range of benefits suitable for affluent clients. Our dedicated Platinum team is staffed by an experienced team well versed in handling the insurance requirements posed by Listed buildings, thatched properties, country houses and estates and will be able to provide specialist advice on insuring your precious assets correctly. In addition to providing advice for correctly insuring your fine art, antiques and jewellery we also offer valuations and security surveys, backed up by a personal service, face to face visits and insurance assessments.


Clare Elliott, Platinum Team Account Executive, Higos Insurance Services Ltd, 0845 241 6130.

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