Mary Shahan Offers Expertise on Insuring Collectibles in Phoenix Business Journal
Different kinds of assets require different kinds of insurance coverage, especially highly valuable collectible items. Mary Shahan, an Account Executive for private clients with Lovitt & Touché, recently spoke with the Phoenix Business Journal to discuss the details of insuring collectible assets such as classic cars.
In the article, Mary explained that protection for such items requires a specialized insurance that is different from normal coverages. Specifically, with collectible cars, the price for insurance is agreed to up front unlike policies for everyday vehicles. Mary also emphasized that other high-worth, alternative investment items can be insured including wine, jewelry and fine art.
Lovitt & Touché offers a range of coverages for private clients including protection for collectibles and collections. Learn more about our private client offerings.