Hello Mighty Public Art Networkers,
We have an international artist who is a student at Arizona State that we are commissioning to do a temporary installation for the period of one year. The artist has been unable to secure liability insurance for himself for the duration of the project. We sent him to Fractured Atlas, but that ended up being too cost prohibitive. Do any of you have other resources for international artists/students to obtain liability coverage for themselves?
Here was Fractured Atlas’ response to the artist: “The admitted markets are declining because of the public art installation. There is just a high exposure for public art general liability policies. The carriers would be covering you for bodily injury to a third party, and there could be a wide range of people walking by or interacting with your piece on a daily basis. So, the secondary markets will pick this up and offer coverage, it is just more expensive.
The cost is really the major downside to a non-admitted policy in this situation. Admitted policies are backed by the state of Arizona and non-admitted policies are not. For admitted policies, the state will step in and pay damages if the carrier goes insolvent or out of business. So, the worst possible situation would be if you had a claim, the carrier went out of business during the process, and you were left with a bill. This could happen, but it is very unlikely to happen in the next year with an ‘A’ rated carrier by A.M. Best.
As I previously mentioned, Fracutred Atlas' assistant informed me that
the price range for non-admitted markets would be $1,500 ~ 2,500.”
Thanks.
Best,
Kevin
Kevin Vaughan-Brubaker
Public Art Manager
Scottsdale Public Art
T: 480.874.4667
C: 602.908.9300
Scottsdale Arts, 7380 East Second Street, Scottsdale, Arizona 85251
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