We understand that your treasures reflect your personal journey. That’s why we look for ways to say yes and to do more—to help you protect your artwork, jewelry, wine, antiques, and other collectibles—so your special items will last a lifetime and beyond.
While typical homeowner’s policies are designed to protect your home and what’s inside, there is usually limited coverage for valuable possessions—such as jewelry, fine art, wine, and antiques—that may get lost, stolen, or damaged. With a Chubb Valuable Articles policy, you can protect the special possessions that matter to you.
If you're adding to your collection, you're not alone.
Source: Chubb Valuable Collections 2021 Survey
Chubb can help protect your valuables, down to the finest detail.
What’s important to you is important to us, so we go the extra mile to help you make sure your valuables stay safe.
Focus on keeping your valuables safe
We provide loss prevention and preservation advice for all of your collectibles for no additional cost.
Specialized referrals
Our Trusted Service Network is available to our clients for no additional cost, and all providers are carefully screened for quality and expertise.
Dedicated in-house collection specialists
Our in-house collection specialists are experts in their fields and can provide advice on how best to store, ship, and keep your items safe.
You’ll never hear “that’s good enough”
Chubb's coverage is comprehensive and includes breakage of fragile collections, lost possessions, and newly acquired treasures.
We won’t compromise when it comes to serving our clients.
97% of our clients surveyed would recommend Chubb to family and friends. Here's why:
Worldwide coverage
Our insurance protects your covered valuables at home and across the globe, and covers most causes of loss, with no deductible.
Individualized coverage
We offer flexible coverage options to meet your unique needs, whether you own one high-valued item or a number of collections.
Protecting your delicate items
We cover breakage of fragile possessions like fine china, crystal, and porcelain.
Automatic coverage for new items
If you already have itemized jewelry, fine art, wine, or other collectibles, newly acquired items are covered for up to 90 days (25% of the itemized coverage).*
Paying market value
If the market value of an item on your policy has increased before a loss so that it exceeds the amount of coverage for that item, we’ll pay the market value—up to 150% of the amount of your itemized coverage.
Premium discounts
We’ll offer a premium discount if you typically keep certain jewelry items in a bank vault.
Liberal appraisal requirements
We only require appraisals for individual jewelry pieces valued at $100,000 or more, fine art items valued at $250,000 or more, and wine valued at $50,000 or more. Otherwise, we just need a detailed description and estimated value.
Agreed value feature
We’ll work with you upfront to determine the value of your items. Then, for covered total losses, we’ll make sure you’ll get 100% of the agreed value as a cash settlement.
The choice is yours
You can decide whether to repair or replace an item, at the merchant of your choice, or keep the cash.
Source: Chubb internal survey of PRS clients.
*In a few states, wine acquisitions are capped at $50,000. Please check your policy for details.
We look for ways to do more in your community too.
At Chubb, we are always looking for ways to do more for our clients—and the communities they call home.
Like other types of investments, items such as fine art, jewelry, antiques, wine, and other collectibles can fluctuate in value over time. If that happens, your insurance coverage might not fully protect you in the event of a loss. We suggest getting new appraisals for your valuables every 3-5 years and assessing your policy limits to make sure they reflect your actual risk.
We can connect you with appraisers and other resources to help ensure that your valuables are properly valued and protected.
Tips for getting a quality appraisal
- Look for an appraiser from one of the three major appraisal societies—Appraisers Association of America (AAA), American Society of Appraisers (ASA), or International Society of Appraisers (ISA).
- Seek an appraiser with the appropriate level of expertise to value your collection. If you need a recommendation, Chubb clients can find appraisers and other service providers on the Trusted Service Network. Many of these vendors offer discounted services to Chubb clients.
The Market
When you own or collect fine art, jewelry, wine, or other collectibles, it’s important to stay abreast of what’s happening in the market and how it might affect the price of your valuables. Since industry growth is an indication that your collectibles may be increasing in value, you may want to consider getting a reappraisal on a regular basis.
The charts below show fluctuations for the fine art, jewelry, and wine industries over time.
Fine art
The ArtNet Index for Fine Art shows the art market’s trajectory over time and art’s value as an investment. This chart compares it to other major market indices.
Jewelry and watches
The Rolex Daytona market is an indicator of the Rolex Daytona's financial performance in the secondhand watch market. It is compromised of 28 popular Rolex Daytona models with high trade activity. The index shows the average market price of these watches over time.
Wine
The Liv-ex Fine Wine 100 Index tracks the price performance of the 100 most sought-after fine wines on the secondary market.
Source: Liv-ex
Are your valuables insured to full value?
Make sure your valuables are insured to their full market value. Check out these articles and resources to learn more about getting appraisals and insurance coverage for your valuables.
With high levels of experience in the field, Chubb’s Fine Art & Collections Specialists are passionate about what they do and the clients they advise. This team of in-house specialists comes from diverse backgrounds in the global art market, including museums, art warehouses, auction houses, art galleries, art fairs, art research and market analytics, and art advisory firms. Many have advanced degrees, certificates, and relevant training from New York University’s Art Appraisal Program and the International Society of Appraisers, the Gemological Institute of America, and the Society of Wine Educators.
Together, they provide a full suite of consultative and collection management services for the display, preservation, transportation, storage, and value of fine art, jewelry, wine, and other collectibles. These services are available for no additional cost and include, but are not limited to:
- Risk assessment for your entire collection
- Valuation review for your collection
- Consultation to prepare your collection for an emergency like a natural disaster
- Consultation to get your collection ready before a home renovation
Resources
We can help you stay informed and keep your valuable items protected, with these helpful articles.
