luxury item insurance

For those who are living in the lap of luxury complete with yachts, fine art collections and vintage wine cellars, extravagant items such as these require more than the typical insurance coverage. Surprisingly, according to the World Wealth Report 2010, the demand for investments in luxury goods and collectibles is on the rise. U.S. art auction sales have shown a robust rebound since a dramatic downturn in 2009, which has increased the need for specialized insurance…