Direct answer
It depends on the total appraised value of the collection, the security measures in place at the storage location, and the specific perils covered under your policy. Generally, premiums are calculated as a percentage of the total declared value, often ranging from 0.5% to 2% annually.
Industry-standard inland marine insurance rating guidelines for personal articles floaters. For additional information about how specialized coverage for high-value items works, see the Insurance Information Institute‘s guide to inland marine insurance.
What this means for you
It depends on the total appraised value of the collection, the security measures in place at the storage location, and the specific perils covered under your policy. Generally, premiums are calculated as a percentage of the total declared value, often ranging from 0.5% to 2% annually.
ARMFOX HEALTHCARE
Protecting Your Future with Confidence
No pressure. No jargon. Just honest answers from advisors who genuinely care about your family’s protection.
This page is informational and not a coverage guarantee or quote.