When assessing any insurance claim, the first thing a claims professional should do is look at the value of the various items in question. But when some of those items are priceless, the process becomes more complicated.
Assessing fine art and other often-irreplaceable items that have values more complicated than a price tag is a complex part of the insurance claims business. Fine-art claims professionals are also dealing with objects that have more than a monetary valuethese items often have sentimental value to the owners or deep historical significance.
Given the subjective nature of the business, what are some of the ways fine-art claims professionals can be successful? Lets take a look.