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Insurance for collection
I am going to have a collection in my possession for maybe 6 months that is going to be sold. value is high enough that I am thinking I should take out a policy.
Found American Collector's Insurance. Anyone have experience with them or have ideas about best alternatives? Thanks. |
Insurance
I go through Antiques & Collectibles Insurance Group in Davidson, NC - just paid $569 for $200,000 of coverage for 1 year.
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thanks. will look into that now.
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Probably get a decent .30-06 and at a decent price and set up a sniper nest. I guess that only covers theft, though.
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Safe deposit box at bank....was my best solution.
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I would imagine that you can add it onto your homeowners insurance for the lowest cost.
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insurance payout unlikely
you can pay for all the insurance you like and the insurance company will gladly take your premiums , how ever they will make you jump through hoops and potentially deny claim , if you cannot provide them with pictures a comprehensive list and appraisal from a registered reputable Memorabilia appraiser , good luck finding one . Find a bank drive 50 miles if need be with available boxes they may require Opening an account with a minimum balance.
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