Insuring your Collection

[Geekyfanboy]

I was just wondering if anyone insures their collection? Every year at comic con I pick up collectable insurance form but never fill it out. This is the place that hands out the forms http://www.collectinsure.com/

Does any of the collectors have insurance.. if so what kind and is it worth it?

thanks,
Kenny

[Rico]

I've thought it about it a few times but have never done it.  I have a fairly good inventory system and have heard normal insurance covers things pretty well.  Plus I can't see a thief bothering with picking up replica lightsabers and phasers.  However, something like a fire would be another story.  Anyone else out there have thoughts on this?

[moyer777]

Speaking from the point of view of using insurance right now, call your agent or company and ask them what they cover already.  That answers a lot, then you know if you need any more.  It's definetley worth the check up. 

:)

Rick

[Blackride]

I thought that if you have everything inventoried with a video and pictures, your house insurance should cover it?

[Rico]

I thought that if you have everything inventoried with a video and pictures, your house insurance should cover it?

In general - yes.  However insurance companies generally have limits on the total amount covered.  For example, our home policy has a value to cover the house and a value for the contents.  So if you have a very large and expensive collection it might not cover it all if a big catastrophe were to happen.

[jedijeff]

I think for me, I would be most concerned about my Props Replicas and some of the higer end items which are over 40 dollars a piece. The toys might be hard to claim, since it is tough to determine how much they are worth, and more often then not, worth less then what I paid for. Probably good idea for me to make a list of the higher end pieces in my collection at least. My Star Wars toys might not be worth the effort, and probably would not get much for those anyways.