Insuring your collection anyone?

[pepi]

I like the video camera idea but as I have just found out at least one of the insurance companies I called wanted me to itemize every single item I wanted insured and wanted on top of that a valuation of each item from an "accredited" appraiser. They would not insure any item without an appraisal. I think State Farm was ok with the video camera idea. I'll get back to you all.

[Gorn Captain]

My collection is well-insured.
I catalogued everything, with price lists, photos, and prints from sources like Ebay.

Last year, part of my collection sustained damage during storage. I got a nice sum in damages.

I would advise everyone to get insurance for your collection. If that bad day comes along, at least you'll get your money back...

[pepi]

What insurance company did you use? What was the premium and did the company require that price list breakdown? I always wonder what price list I should use..any ideas?

[Gorn Captain]

What insurance company did you use? What was the premium and did the company require that price list breakdown? I always wonder what price list I should use..any ideas?

Well, I live in Belgium, so I guess giving you the company info won't be much help...

I insured my collection starting in 1991. Toy collections were a whole new thing to them, and my case went all the way to the board of directors.
I included a recent price guide (like you had in magazines or a book), photos, and indeed a figure by figure list. Some lines I just noted as "100 SW figures". As the years progressed, I had the amount raised using prints from Ebay sell lists, more recent price guides, etc.
It's a lot of work, but very useful.

My buddy has over 4,000 DVDs, and still no extra insurance. That's a lot of $$$ sitting there, uninsured...