Sometimes your homeowners or renters insurance policy covers your collectibles and sometimes these policies do not cover collectibles. Often you do not know until a loss occurs. Normally for collections over a certain value you need a special collectibles or fine arts floater. This is usually expensive and has many restrictions concerned with inventory, appraisals, photos, receipts, etc. When a loss takes place most insurance carriers are not experienced at valuing collectible losses.
Some carriers value at cost or depreciated value.
Collectibles Insurance Agency exclusively insures collectibles. We take the uncertainty out of insuring your treasured collectibles. If you start a new collection just email, fax, write or call us to add the new type collectible to your coverage. Your coverage can be changed at any time. This automatic monthly increase is to protect you for new purchases and sometimes for increased value of existing items.