Once you have had your collection appraised, you are ready to decide whether some or all of your artwork should be insured. Regular homeowners’ policies will cover your artworks up to a certain limit, but in the case of significant collections, this coverage is usually inadequate. In many cases, all that is needed is a fine arts rider attached to your policy. There are also insurance companies that specialize in covering works of art.
(Source: Intl Foundation for Art Research)