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#1
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Ted Z's thread really got me thinking about this.....
What are the best options out there and about how much will it cost to insure cards. Just a rough estimate as a percentage of value would be great. Regards, Scott |
#2
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Good thread idea. I would also like to add a question for homeowners.
Would homeowners insurance cover my collection? I know there was a thread on this a few months back, but it seems like a good time to re-hash the subject. Thanks - Rob
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My collection: http://imageevent.com/vanslykefan |
#3
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Depends on the policy, but generally you have to list items like these and pay a premium... The safest bet (depending) is a safe-deposit box, but if I had a Plank, it would be like dropping a kid off at daycare...a tough goodbye...
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#4
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I have been using Collectibles Insurance Services for a long time. I highly recommend them. http://www.collectinsure.com/
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#5
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I would end up paying quite a bit to insure my cards personally. I made the choice to have them online and keep all of my expensive ones in a safe deposit box. It costs me $100 a yr and gives me a huge peace of mind. For our auction it was a very easy decision, we use CIA Insurance. regards
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Leon Luckey www.luckeycards.com |
#6
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It is very reasonable. But I have never had to make a claim (thankfully). It is much easier than homeowners' insurance.
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Galleries and Articles about T206 Player Autographs www.SignedT206.com www.instagram.com/signedT206/ @SignedT206 |
#7
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Its called a "ryder" in insurance terms. You can insure certain things, but others are not insurable (at least through Allstate), such as my wife's jewelry as an example. |
#8
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I also highly recommend CIA and the "safety deposit box" method. Even for collections like mine which are valued at $5000 or less....it is wonderful for peace of mind.
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#9
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As soon as I get anything worth near $100 (not too often), I scan it, enjoy it in full daylight for maybe a day or two and then it is tossed into the bank safe deposit box. While it takes some of the fun of having the cards around, I never worry about them, and a trip to the bank is alot more fun!
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www.thetriple-l.com Last edited by JasonL; 04-09-2010 at 12:07 PM. |
#10
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Dont need no stinkin eensurance
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#11
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I got a policy from Erie that seems reasonable
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