Collectable insurance

[BeanTown]

Thanks for the post so far. The premium would be based on insured value (along with other factors) and like most, I think we all tend to over value our stuff. I know when I ask for opinions on value from people, I asked for both a low and high amount.

[Harliduck]

Chris...I just completed it today as mentioned. Took what I thought was a fair value...anyone can look at my signature and considering my sets are all VG/EX to EX estimate my value pretty easily...and followed the process. I do scan all my sets and apparently that was sufficient (they ask for proof of what you have and I checked that I have scans, but they did not require me to send anything in...I am sure I would need it to pay a claim). I also have lots of doubles and such that aren't scanned (now my homework) but my valuation must have been fair as it went right thru (all they know is I have X amount of value that I have claimed and that it is Sportscards). There must be a dollar amount barometer of what one claims to where you would have to get a 3rd party estimate. My collection is small potatoes I imagine to most of you. Anyhow, followed along and it was just under $150 a year. I was surprised as that is more than fair and signed right up. As said, done in 10 minutes, policy in hand. I know home owners insurance would have been a joke if something were to happened...this is something I wanted to do for quite some time.

Reminds me of my Hagerty policy, same principle. I collect vintage cards and their process is very similar. Great company, great process.