Under Blanket Coverage – policyholders insure an aggregate limit of scheduled VAC without having to name individual pieces within the policy.   Sub-limit Per Item Maximum Payouts may apply for claims instances in certain VAC categories.   Please ask us for more information.

Under Itemized Coverage – policyholders provide a full description and value (and sometimes also an up-to-date appraisal and other details) and name each piece to be insured as part of the collection.   When Itemized, coverage may apply up to 150% of the insured amount to protect against inflation/appreciation in the item’s value over time.

At JMP Insurance Brokers, we fully understand & appreciate that many valuable items in our clients’ collections are one-of-a-kind pieces, are family heirlooms or items that just simply cannot be replaced.

As a result, when our clients tell us they want to insure items in these categories, we always recommend the finest carriers who will settle their covered VAC claims directly by check paid to the policyholder.   In this way, policyholders are fully protected and retain full  flexibility on what to do and how to use the proceeds from a covered claims settlement.

Through our insurance & business partners, JMP Insurance Brokers can provide our clients with a wealth of expertise regarding ancillary services for valuable articles collections, including:

1. Appraisal Services
2. Access to top industry professionals providing counsel on how to store, transport, hang, maintain, etc., various categories of Valuable Articles Collections.