As this image attests, we can invest a lot of passion and funds in assembling a wardrobe over our lifetime. Those who invest in designer garments, shoes and handbags should make sure their insurance coverage properly protects collections that often represent a significant and highly vulnerable investment.
Just as with fine art, couture collections are subject to a broad range of risks that are often not covered by traditional insurance programs. Many collectors unwittingly expose garments to sunlight, improper climate and other circumstances that are not covered by insurance, and can damage the items in a collection irreparably.
AIG Private Client Group recognizes the importance of providing specialized couture coverage for those with bespoke wardrobes, and offers a range of risk management services to help collectors better protect their investment. Check this link to learn more about this specialized coverage: https://www-200.aigprivateclient.com/index.php?Page=couture-collection-insurance or contact me for advice on how to protect your couture collection.