When disaster strikes, the emotional and financial toll can be overwhelming—especially when it involves the loss or damage of fine art. Fires, floods, and other unexpected events don’t just impact homes; they often affect irreplaceable collections. That’s why accurate, up-to-date fine art appraisals play a critical role in navigating insurance claims effectively and recovering value.
We’ve worked with clients who, after water or smoke damage, discovered that their lack of proper documentation slowed or complicated their insurance settlements. Insurance carriers typically require a detailed appraisal before processing claims related to fine art, antiques, or decorative items. Without professional valuation in place beforehand, determining compensation becomes a challenge.
Our appraisal services focus on establishing fair market or replacement value based on current data from galleries, auction houses, and verified market trends. In a post-disaster scenario, that information becomes a cornerstone for swift and accurate claims. Insurers rely on these reports not only to quantify the loss but also to ensure the items in question held legitimate value.
We also work directly with restoration professionals to assess the condition of damaged pieces. In some cases, a restoration can return an artwork to display condition, but even then, market value may be affected. We provide post-restoration appraisals that reflect any change in worth, which is essential when negotiating with insurance providers.
Documentation matters. Our reports include high-quality photos, provenance details when available, condition notes, and market comparables. This level of detail not only satisfies insurer requirements but also gives clients peace of mind, knowing they are equipped to recover what they’re owed.
For collectors, estate executors, and institutions, having periodic appraisals is a safeguard against the unpredictable. We recommend updating appraisals every 3-5 years or immediately following a major acquisition. This ensures insurance coverage aligns with actual asset value, avoiding underinsured losses.
Our process is tailored, confidential, and responsive. We understand the stress involved when a loss occurs, and we prioritize accuracy and empathy in every appraisal engagement. Whether the artwork is a cherished family heirloom or part of a curated collection, we help secure the documentation needed to move forward.
Art doesn’t just hold aesthetic value—it carries emotional and financial weight. Ensuring it’s properly protected through professional appraisal is one of the most proactive steps collectors can take in preparing for the unexpected.
Contact Manzi Appraisers & Restorers at (617) 995-0022 or visit our Facebook page to protect your collection before and after disaster strikes.
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