At what point do you insure your cards?

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Posted By: Mike

If you take the necessary internal precautions, meaning home sec. system, safe, it isn't necessary, and quite frankly is a waste of money. It is an unbelievable hassle to collect on stolen collectibles. Better to handle their safety in other ways. I personally don't believe in sticking things in a bank box. But some find that comforting. Not me. I like everything to be at my fingertips if I so choose. To each their own. I have discussed this at length with my ins man. Quite frankly, if my house blows away in a tornado, or goes up in flames, my signed Jimmie Foxx things, would be the last thing that would be on my mind. But seriously...insurance for collectibles is very expensive, and hard to collect. Same goes for antiques and art work.

Edited to add, there is virtually no crime where I live. But I am not dumb enough to think that it can't happen. Tornadoes are my biggest worry. But my previously mentioned comments still stand. Proper precautions can eliminate the need for ins.