Museums, libraries, and historic property collections

Whether your museum is a private or public organization, Markel provides all-risk coverage for the collection and changing exhibitions, including protection for temporary and long-term loans including transit both to and from the museum.

Markel covers

  • Property of a fine art nature, including paintings, pictures, etchings, tapestries, rugs, art glass windows, antique furniture, books, memorabilia, and coin and stamp collections
  • Other bona fide works of rarity, historical value or artistic merit, including jewelry, wine, and musical instruments
Coverage highlights
Property coverages
  • Buildings/business personal property
  • Business interruption
  • Bailee legal liability
  • Collections and exhibitions
Liability coverages
  • Commercial general liability: Limits up to $1 million per occurrence/$2 million aggregate
  • Employment practices liability
  • Host liquor liability
  • Volunteers included as additional insureds
Other coverages
  • Commercial auto
  • Hired and non-owned auto
  • Crime
  • Umbrella: limits up to $5 million (higher limits available)
Basic fine arts coverage
Even our most basic coverage provides solid protection. Features include:
  • Broad, all-risk coverage
  • Blanket limits on property in your care, custody, and control at scheduled locations and any other unnamed location
  • Domestic and international transit coverage
  • No coinsurance clause
  • Valuation clauses designed for the art industry
  • Coverage for jointly-owned works of art
  • Special clauses for "loss buy back" or "pairs and sets"
  • Relaxed appraisal requirements
Enhanced fine arts coverage
Your client may need extra or specific protection. Our policy can be enhanced in many ways to include:
  • Fine art reference libraries
  • Furniture or fixtures of a fine arts nature
  • Waivers of subrogation
  • Earthquake and flood coverage
  • Fine arts legal liability
  • Blanket or schedule options
  • Special events and fund raisers including liquor liability on or off premises for auctions, galas, design and craft shows, First Friday art walks
  • Children's programming
  • Historic building and unique property replacement cost valuation