Insurance: Fine Arts and Collections
Select appropriate coverage for fine arts and collections from the programs below.
Fine arts insurance is available by request through the university's self-insurance program. Fine arts include paintings, etchings, pictures, statuary, tapestries, and other bona fide works of art, historical value, artistic merit, or rarity.
Fine arts are valued at the current appraised dollar amount, which should be listed on CAMS (Campus Asset Management System). Unless you notify EH&S Risk Management in writing of the currently declared appraisal of the item, the appraisal value listed with Equipment Management will be used for insurance purposes.
Most fine arts appreciate rather than depreciate. It is the department's responsibility to periodically have fine arts appraised and to submit updated appraisal values to the Equipment Asset Management System.
Review the programs below to determine the appropriate insurance coverage.