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card insurance company in canada
Anyone know a company where i can take insurance for my collection ?
A company in canada ? Thanks |
Get an agent that sells Chubb...expensive, but great coverage for all sorts of collections.
Cheers, Blair |
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Yes - you will want to check out the Chubb "Masterpiece" coverage designed for collectors: http://www.chubb.com/international/c...chubb4339.html (No affiliation with Chubb other than as a customer.) Cheers, Blair |
just talk with an agent and she said i must have my house insurance with chubb to have the collection insurance
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Nelson
From a financial perspective, I suspect that the cost of the premium will be far cheaper to combine your house insurance and your collectibles insurance, rather than to split them into two premiums. I just re-insured with Chubb for our home insurance, and that coverage was one of the selling points. Max |
OK
How that work to insure with chubb ? i read on the website no evaluation required it is corect ? |
I'd just give them a call and get a quote. Most insurance companies are more than willing to take business from other insurers :)
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Doesn't Collectibles Insurance cover Canada as well?
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For high priced investment cards, I'd invest in a safe deposit box at the bank. |
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You need to be very careful about this...many people have thought this and gotten burned. In my personal experience, most ordinary household policies will not cover collectibles and rare/special items. And if you ever suffer a loss (the only time you really need insurance) they'll find a way to deny coverage or at the very least dispute values. I have heard from other collector friends (one of whom did suffer a loss) that this is where Chubb shines - they back up the promises. But the coverage is expensive... Cheers, Blair |
safe deposit box is the best i think. i will probably do with that.
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just received the call from the women at CHUBB and she said if i want to insure my collection with chubb the minimal value must be 150K :(
eheh thanks for all your info but i will go with the safe deposit box. |
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