Insurance Question
 

Hi all,
If I loan my collection to a museum or institution for public display, do these venues often have insurance against loss/theft/fire for my personal items? Do I need personal insurance to cover against such a loss at a separate facility? Value is not over $10K.

Thanks for the help.

They should.

They should also be able to have the insurance company send you a letter indicating coverage.

The company I did industrial repairs for called it a certificate of insurance, and it indicated coverage for workmans comp, and product liability and probably some other stuff. All I ever had to do was call and let them know the fax # to send it to. (And it properly comes from the company, not the insured)

I can't recall ever being asked about customers equipment that was in for repair, but I know it was covered.

It can't hurt to have your own coverage.

Steve B

I have stuff on loan to the St. Louis Baseball Hall of Fame. They have insurance. They are meticulous about identifying, preserving, protecting, and keeping a listing of what I have on loan there. Great folks.

The Louisville Slugger Museum featured baseball cards a few years ago, close in time to when Joe DiMaggio passed away. Almost everything displayed was old stuff. My recollection is that they pulled stuff from about 4 collectors. They were great to work with, they had insurance; and they too really cared about protecting and preserving. They gave me some free admission tickets for use while the cards were there. My signature is crap, hastily scrawled. They lifted what was probably the best of my signatures of the handful of letters we exchanged leading up to the show... I was unaware that they took the signature, made a plate from it, made me a pro model bat, printed my name on there, then burned the signature into the wood... precisely like the pros. When I went to Louisville to retrieve my cards they gave me the cards and presented me with the bat. Wonderful folks there in Louisville, an interesting place for a baseball fan.

So yes, but ask to see it. Most places will have insurance.

Guys thanks for the advice, that helps. This will be memorabilia on display at a football stadium