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Insuring Vintage Cards
Posted By: Jeff Lichtman
I'm about to contact my insurance company to get my cards covered. Any suggestions on how to value graded and ungraded cards? And what sort of inventory system, either by written word or through pictures, is required? Thanks. |
#2
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Insuring Vintage Cards
Posted By: warshawlaw
As you know, you have to think defensively when it comes to insurance. When I was doing claims investigations a decade ago as an insurance defense attorney, I actually had a baseball card claim referred for analysis. The insurer will try to dissect your claim on the basis of card condition via the examination under oath procedure. I inventory all of the cards by the usual parameters (including the serial # for graded cards) on Excel. I also keep all receipts from grading services to prove I submitted the cards. The single best defense you have is to scan every single insured card, or at least all valuable ones. Use a high resolution setting. It is a total pain in the butt, yet it will save you countless hours of hassling if you have to make a claim. It is especially important for any valuable raw card. |
#3
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Insuring Vintage Cards
Posted By: Jeff Lichtman
Adam, thanks for the help. As a criminal defense attorney, it never ceases to amaze me as to how little I know about anything other than my narrow, chosen field. |
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Insuring Vintage Cards
Posted By: Todd (nolemmings)
Do you have a short list of preferred carriers? |
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Insuring Vintage Cards
Posted By: RCM
Hello Everyone! Long time lurker, first time poster. |
#6
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Insuring Vintage Cards
Posted By: Todd (nolemmings)
for the kind words and the advice. I will call Chubb and hopefully have that in place soon. |
#7
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Insuring Vintage Cards
Posted By: Hal Lewis
Here is a good Chubb link: |
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