Asset Insurance: What You Need
Why Insurance Matters for Tokenized Assets
When an asset is tokenized and potentially fractionalized, insurance becomes critical for protecting all stakeholders. A single uninsured loss can affect multiple token holders. Boss Tag tracks insurance status for every asset and uses it as a factor in verification grading, lending eligibility, and marketplace trust signals.
Sector-Specific Requirements
Some sectors require insurance for listing: automotive (liability and comprehensive), real estate (property insurance), healthcare equipment (professional liability), and agriculture (crop insurance for active farmland). All sectors recommend insurance for tokenization. The platform displays insurance status prominently on asset listings so buyers and investors can make informed decisions.
How Insurance Affects Your Score
Active, verified insurance improves your Documentation Score and can raise your overall verification grade. For lending, insured assets may qualify for higher LTV within their sector cap. For ERS pools, equipment insurance is mandatory — pools cannot activate without verified coverage. Insurance documentation should be uploaded during the digitization process and renewed annually.
Recommended Providers
Boss Tag does not sell insurance directly but recommends specialty providers for each sector. For collectibles: Chubb, USAA, and Jewelers Mutual. For vehicles: Hagerty, Grundy, and American Collectors. For real estate: standard homeowner's or commercial property policies. For equipment: Hartford, Travelers, and sector-specific industrial policies. Always ensure your policy covers the tokenized value, not just the original purchase price.
Ready to get started?
Digitize your first asset in minutes with Boss Vision AI verification and ERC-3643 tokenization.