Insurance Coverage for Art Exhibits

The Library offers 2 categories of limited insurance coverage for theft, fire, smoke and water damage:

Without Written Appraisal

• Maximum of $500 for a single item and not exceeding $1500 for the whole exhibit.
• Exhibitor must provide a list of the exhibit's estimated value, for example; a price list.
• The Library accepts the estimated value of the exhibit which is referenced in the contract signed between the exhibitor and the Library.

With Written Appraisal

• Maximum of $1500 for a single item and not exceeding $10,000 for the whole exhibit.
• Exhibitor must provide a list of the items' estimated value, for example; a price list.
• Exhibitor must provide written evidence of the exhibits value by submitting one or more of the following:
• An exhibit catalogue featuring priced and comparable works from a previous exhibit
• Evidence of the sale price obtained for comparable works by the exhibiton
• Independent professional appraisal of the item(s)

• The Library accepts the estimated value of the exhibit which is referenced in the contract signed between the exhibitor and the Library.

Note:

1. The Library reserves the right to request, at any time, additional or alternative evidence to support the Library's provision of insurance. This includes a request for an expert written appraisal.
2. If at any time the Library considers that displaying all or part of an exhibit exceeds a reasonable level of liability, the Library reserves the right to:
   1. decline to display the item(s) or the entire exhibit
   2. decline to insure the item(s) or the entire exhibit
   3. require written evidence that the exhibitor has independent insurance covering the value of the item(s) and/or the entire exhibit
   4. retract in writing the Library's insurance liability
   5. require the prompt removal of any item(s) or the entire exhibit from its premises