CONTENTS
ESSENTIAL RESOURCES
%
of artists surveyed are not properly insured for business property.
%
of all artists surveyed who own the building in which their business is located think that their homeowners' insurance covers their building.
%
estimated percentage of artist-owned buildings are properly insured for business use.
Why you need business insurance for your art business
Business insurance is an important tool you can use to transfer risks to an insurance company. It is an important part of your Career Protection Plan.
Business Insurance covers:
- Loss of property like tools, supplies, and artwork from risks like fire, natural disasters, lightning strikes or theft (business personal property).
- Loss of a studio building you own.
- Loss of tools, display equipment, or artwork away from your studio, such as at an art show, doing an installation, or in transit.
- Liability incurred as a result of your art practice such as injury to others caused by an artwork, performance, display, teaching, or a slip and fall by a studio visitor.
Insurance Resources
ARTIST STORIES
Christina + Michael Adcock
In 2002, Christina and Michael Adcock, owners of Leaves of Grass in Santa Barbara California, lost all of their equipment, materials, tools and inventory in a fire that consumed their studio.