 Risks can be mitigated through an insurance policy that specifies the financial protection of previously assessed museum owned and loaned artifact, and any other property significant to the museum's mission.Agents generally assist a museum in identifying a monetary insurance limit based on the area's disaster and emergency history, as well as the probable maximum loss (PML) that is large enough to cover the worst-case scenario.While PML is another ideal policy, many museums can only afford to assess the risk for the probable maximum loss of an individual gallery or storage area, as well as any functions that extend beyond the shipping dock and front doors (i.e.