5 Ways to Protect Your Collection in Extreme Weather

July 18, 2019

The National Climate Assessment finds that more frequent and intense extreme weather – from hurricanes to wildfires to earthquakes – is only expected to get worse in the years to come, causing significant economic damage and destroying public infrastructure and personal property. For example, in 2017 there were 71,499 wildfires across the U.S destroying 10 million acres and 8,065 homes.

Heavy rains in Wichita Kansas

Galleries, collectors and art aficionados alike all face the same risk when it comes to extreme weather –potential harm to or destruction of their collection. Fortunately, having a plan in place can be the deciding factor in your collection’s safety and survival. There are five basic steps to take before, during and after an extreme weather event that can help you protect your valuable collection:

Southern California wildfire

There were many lessons to be learned in the aftermath of extreme weather that impacted the United States in 2018—and already in 2019.  Whether you are an individual collector or gallery it is important to have a thorough emergency plan, so you can weather a storm. Preparation is vital regardless of industry when it comes to a weather catastrophe. You can’t prevent the event from happening, but you can control the planning prior to.

Diane Jackson is Chief Operating Officer and Director of Finance at Huntington T. Block Insurance Agency, Inc., a division of Aon, the world’s premier insurance broker. With more than 1,200 museums, 800 art galleries, and some of the largest universities and Fortune 500 companies’ art collections insured, HTB is the world’s leading provider of insurance to the fine art community.  For more information, contact Diane at diane.jackson@huntingtontblock.com or 202.862.5305.

This article is provided for general informational purposes only and is not intended to provide individualized business, insurance or legal advice.  You should discuss your individual circumstances thoroughly with your legal and other advisors before taking any action with regard to the subject matter of this article. Only the relevant insurance policy provides actual terms, coverages, amounts, conditions, and exclusions for an insured.