20: Insurance

Buying insurance can be expensive, but living and working without it can cost much more in the long run. Insurance protects you from financial ruin in the event the building in which you live or work, and the contents of that space, are damaged and/or lost. Insurance can also defend you in a lawsuit.

This chapter discusses various aspects of insuring your space, including understanding insurance policies, types of insurance policies, insuring artwork and equipment, and purchasing insurance. The Resource section provides an extensive list of providers who specialize in insuring artists, studios and art-based businesses and organizations.