A professional insurance valuation of your artworks prevents unnecessary discussions with the insurer. Fire, water, and other damage as well as theft often lead to avoidable issues between the insured party and the insurance provider; especially if the value of the insured objects has not been established in advance.
This is why you should always have a valuation report when insuring items. It will prevent problems and specify which objects fall under which categories: artwork, antiques, paintings, jewellery, watches, and other valuables.
An economic valuation will be conducted for inheritance, mutual distribution, voluntary sale, and other objectives with an economic impact. These appraisals are usually based on market value.
There can be a big difference between an item’s insurance or replacement value, and it’s market value.
Appraisal Service (Risk survey)
Is the value in your home and contents insurance plans still up to date? For the appraisal service we are hired by insurance providers and intermediaries to check the insured amounts of both the building and the household effects.
We provide on-location advice about burglary and fire prevention and make recommendations as to whether a valuation of artworks, paintings, antiques, and valuables would be desirable.
For corporate collections or a large private collection, it is important to have a good overview of the collection’s contents. How many objects are there? What kind of techniques are used? Who is the artist that created each work? What is the condition of the objects? Where are the objects located?
Based on this information, a collection policy can be developed and a conclusive, functional registration system can be created. Apresa has a great deal of experience in all of these areas and provides the following services:
- collection management
- registration and inventory management
- cataloguing, allocation, facilities management
- maintenance, restoration, and storage advice
- art-historical research