Collateral Insurance Market Value 
Art Peritus
JANUARY 31, 2025
While most passion assets are cherished for personal enjoyment, they also hold the potential to appreciateor depreciatein value over time. According to the insurance firm Marsh McLennan , luxury assets have grown in value by 123% over the past decade, establishing themselves as a meaningful asset class.
Art Appraisal Resources
AUGUST 3, 2023
An appraisal performed by a certified art appraiser helps the purchaser gauge the artwork's fair market value and authenticity before finalizing the acquisition. Insurance Coverage Artwork, especially valuable contemporary pieces, can be a significant asset that requires proper insurance coverage.
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