HTB insures over 1,000 museums, 500 art galleries, and numerous Fortune 500 companies and universities. Their expertise extends to helping state and local municipal governments protect their collections of paintings, sculptures, rare books, historic artifacts, and more.
Ideal Accounts and Appetite
HTB’s Municipality Fine Art Collections Insurance Program is specifically designed for:
- City, county, and state-owned museums or historical collections
- Public universities and libraries with significant art or rare book holdings
- Municipal buildings housing curated art exhibits or permanent collections
- Public-sector collections on loan or display in government facilities
Whether your client is a city hall displaying regional artwork or a state archive with irreplaceable historical objects, HTB’s program is engineered to meet the unique needs of public institutions.
Coverage Highlights and Advantages
This program offers robust coverage designed by fine arts professionals and insurance experts. Key features include:
- “All risk” coverage with proprietary broad-form policy language
- Low deductibles starting at $1,000
- Blanket limits for both owned and loaned objects
- Worldwide coverage for collections in transit or on exhibit
- CAT coverage available for terrorism, earthquake, and wind (subject to underwriting)
- Subrogation waivers, contract review, and expanded insured property definitions
- Comprehensive valuation clause to support proper settlement
HTB’s in-house claims department offers specialized support with unique settlement authority, ensuring claims are handled with the care these valuable assets require.
Underwriting Notes and Minimum Premiums
HTB has exclusive fine arts underwriting authority and can typically provide turnaround within 24 hours for complete submissions. The minimum premium starts at $1,750 for a $1 million aggregate limit, making it a competitive option for municipal budgets.
Territories and Availability
This program is available in all 50 states and Washington, DC. No matter where your municipal client is located—from New York to California, or Alaska to Florida—HTB has the licensing and underwriting capabilities to serve them.
Why Work With Huntington T. Block
HTB has been exclusively focused on fine arts coverage since 1962. Their senior staff brings over 200 years of combined experience, and the program is backed by an A-rated carrier, Ironshore Indemnity Inc. Trusted by the American Alliance of Museums (AAM) and the American Institute for Conservation (AIC), HTB is a name agents can feel confident presenting to clients.
If you’re working with a municipality that needs tailored protection for their fine art holdings, HTB offers one of the most experienced and responsive markets available.
Huntington T. Block Insurance Agency, Inc. is a licensed insurance producer in all states; Texas License # 17489; operating in CA under License # 0825502.
All descriptions, summaries or highlights of coverage are for general informational purposes only and do not amend, alter or modify the actual terms or conditions of any insurance policy. Coverage is governed only by the terms and conditions of the relevant policy.
Frequently Asked Questions
What types of municipal accounts are a good fit for this program?
This program is ideal for public museums, libraries, universities, and government buildings that house or exhibit fine art, historical artifacts, or rare collections.
What is the minimum premium for this program?
The minimum premium starts at $1,750 for a $1 million aggregate limit, making it accessible for a wide range of municipal budgets.
What coverage is available for loaned or traveling art?
The program includes blanket limits for both owned and loaned objects, with worldwide coverage for items in transit or on exhibit.
Is CAT coverage available through this program?
Yes, coverage for terrorism, earthquake, and wind is available, subject to underwriting approval.
How quickly can I get a quote?
HTB typically provides quotes within 24 hours for complete submissions, thanks to their in-house underwriting authority.
Need help placing an account? Connect with a market specialist.