Personal / Collections / Art
Art, Insured the Way Collectors Actually Own Them.
Built for collectors who bring the same rigor to their policies as they do to their acquisitions.
You've acquired work you couldn't afford not to own. You've installed track lighting in a room for one painting. You've had an opinion about stretcher bars, linen versus cotton canvas, and the difference between a certificate from a foundation and one from a dealer. You've stood in front of a piece for twenty minutes at a fair and known before you could articulate why that it was going home with you. WAX Collect was built for collectors who already know what they're doing.
The foundation coverage
WAX Collect covers theft, accidental damage, fire, flooding, worldwide travel, and pets. Accidental damage in the context of an art collection does a lot of heavy lifting, it includes everything from a champagne spill at a dinner party to a framing accident to the kind of wall-mounting incident that still haunts you three years later.
That's the ground floor. WAX Flex™ is the architecture you design above it.
Lever one, your curatorial choices
Two optional coverages. Toggle any combination on or off. Your premium responds in real time. You're building a collection, you should be building your policy too.
Checked Baggage Coverage
Covers damage or loss through airline baggage handling. Most collectors transport significant work via professional shippers, crated and insured by people who understand what they're moving. If that describes your process, this may not be relevant. If you occasionally travel with smaller works, drawings, photographs, works on paper. Toggle it on.
Unattended Auto Coverage
Covers pieces left in an unattended vehicle. Relevant primarily during active transport, to and from fairs, galleries, framers, conservators. If your collection rarely moves through that process, it's a clean remove.
Want Mysterious Disappearance? It's included as standard on WAX Classic™.
Lever two, the provenance of your payout
The art market is volatile in a way that makes fixed-value coverage feel naive. A work acquired five years ago from an emerging artist who has since had a major institutional survey can appreciate dramatically between appraisal and claim. Traditional insurers lock every policy at 150%, appropriate for appreciating work, unnecessary overhead for stable acquisitions.
WAX Flex™ lets you calibrate:
100%. Agreed value, paid in full. Right for decorative acquisitions, commissioned pieces, and works acquired for personal meaning rather than market positioning.
125%. Up to 125% above agreed value. Subject to the class limit. Appropriate for artists with demonstrated secondary-market traction and mid-career names gaining institutional validation.
150%. Full market appreciation protection, up to 150% above agreed value. Subject to the class limit. For blue-chip names, artists who have had retrospectives since you acquired, and works in bodies of work that have since sold at auction for multiples of what you paid.
The painting acquired privately in 2016 from an artist who had their first major museum show in 2022 is not the same insurance proposition as the landscape you bought because it matched your sofa. WAX Flex™ finally lets you treat them differently.
Lever three, the benefit of a complete collection
The serious art collector often collects adjacent things. Design objects, ceramics, rare books, vintage photographs. WAX Collect rewards the collector who brings multiple categories of their life to one platform.
One category: base rate. Two: discount. Three: greater discount. Applied automatically, in real time, without phone calls or broker negotiation.
Artist provenance, policy provenance
- Agreed value, guaranteed. At total loss, you receive the agreed value established by your documentation. Appraisals, auction comps, gallery receipts, foundation certificates. Not a number invented after a call to a generalist database.
- $0 deductible in most U.S. states. One fewer number to calculate in an already stressful moment.
- 90 days of newly acquired coverage. You closed on a piece at a fair Thursday night, you're covered starting Thursday night, automatically, while you update your policy.
- Worldwide coverage. Art Basel Miami, Basel, Hong Kong. The Frieze fairs. Private sales in Geneva.
- Claims via the WAX app, handled by people who understand the category.
- AM Best A+ (Superior) rated carrier partners with decades of experience insuring valuables for serious collectors.
You applied a serious eye to your acquisitions. You did the research, built the relationships, made the calls. Your coverage should reflect the same standard of care.
