Some avid collectors of fine arts assume that collection insurance for their valuable art collection is either nonexistent or overpriced. Here are reasons that would change their minds. The coverage offered, unknown to some, is vast. Mainstream art items like coins and dolls are covered, along with non-mainstream ones, like sewing items. Art insurance also covers theft, fire, flooding, natural disasters, and breakage. With no need for general appraisals, determining your collection’s value is up to you, along with how much insurance you might need. Also, maintain an up-to-date inventory of your collections to speed up processing in case of loss or damage.