Insuring your collection

[Blunder19]

when you set up your policy you must list any items over $25,000 in value.... the value is provided by the collectors.. items under $25K in value do not need to be individually listed.

[Johnny630]

Do these companies cover losses or damage during shipping ? Like on a purchase or sale ?

Thanks

[sycks22]

Collect insure will insure packages up to the amount you want covered when shipping items.

[Johnny630]

Originally Posted by sycks22

Collect insure will insure packages up to the amount you want covered when shipping items.

Thanks Peter.

[PhillyFan1883]

My father recommended to me Americancollectors.com

Does anyone have experience with this company specific to cards ??

[Jobu]

There are specific types of shipping you must use based on the value of the package, but it is still a good deal because you can insure anything and, unlike insurance through the shipper, it will actually cover the full value of the package.

Originally Posted by sycks22

Collect insure will insure packages up to the amount you want covered when shipping items.

[PhillyFan1883]

Just did comparative quote from both. For my collection the cost was less than half for collect insure (collect insure was cheaper) by a lot.. Seeming to cover the same things.

[todeen]

Originally Posted by PhillyFan1883

Just did comparative quote from both. For my collection the cost was less than half for collect insure (collect insure was cheaper) by a lot.. Seeming to cover the same things.

I went with American Collectors, because as I said, they are the company associated with USAA. They paid up for my dings and dents on my wifes 58 Impala, dealt directly with the body shop, wrote me a check for the shops stated estimate minus deductible. Very smooth transaction. USAA is a fantastic insurance company, and if they recommend American Collectors, it's because they are reliable.

When I got my card collection policy this spring, I had to send them pictures of items or groupings over $2000. Since my best items are in my display as a grouping, I took photos of that and told them the estimated value. Then some odd ball items here or there. Very simple to deal with.

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[tram4hof]

A bit of a bump of a thread a few months old, but was hoping to get some insurance related questions answered.

First, my homeowners insurance agent has mentioned that my collection can be covered through them. Have others have problems with doing this? Or is this typically more expensive? If it matters, my collection is fairly modest compared to most here (low five figures).

Any thoughts or advice regarding using homeowners insurance as a way to cover the card collection would be much appreciated.