As a member of the Association of Visual Artists, you are covered by collective professional liability and product liability insurance with the insurance company TRYG.
In connection with exhibitions, a so-called 'nail-to-nail' insurance must typically be taken out. This insurance covers the work from the time it leaves the artist's workshop until it is returned to it again. This insurance should be paid for by the venue.
It is necessary to take out commercial or business insurance if you want to protect yourself against the loss of your works, materials, machines, etc.
Ordinary contents insurance does not cover your business, but only your private contents. The scale of your artistic business determines whether it pays to insure your work.
Business insurance typically includes cover for the following conditions, but can otherwise be combined as needed:
The compensation must, as a general rule, treat the policyholder as if the damage had not occurred. Materials and raw materials are generally replaced at replacement cost, while works and machinery are fixed at catalog price/new price.
When works are damaged, a dispute often arises as to whether it is possible to carry out repairs if the works are not completely damaged.
At exhibitions, it is important to make sure that the works are insured for the catalog price. The written exhibition or commission agreement should contain a passage to this effect. Transport insurance should also be taken out, see above under seam-to-seam.