
“When you own a Stradivarius violin worth well more than $10M, it had better be properly insured. Our client lends such a violin to great artists for major performances, and often the violin is in the hands of the artists or performing arts organizations. Fortunately, before there was any loss, we reviewed the London markets policy and discovered in an endorsement to the policy that the violin was insured only while present in our client’s home. As a result of our review of the policy and the discovery of this and other inadequacies in the policy, we were able to renegotiate the policy, before it was too late. Thankfully, our client avoided the traps, pitfalls, and swindles that affect more insurance policies than you might think.”
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