Protect What You Collect: Why Standard Homeowners Insurance Isn't Enough

Did you know that standard homeowners insurance often leaves valuable collections severely underinsured? Most primary policies pay out based on actual cash value rather than current market value—meaning years of appreciation could be lost in a single claim. Additionally, standard policies often exclude disaster losses from floods, hurricanes, or earthquakes, cap coverage tightly on items like silver and stamps, and require tedious individual appraisals for every item.

Dedicated collectibles coverage provides tailored, comprehensive protection so collectors and policyholders can safeguard their passion and investment with complete peace of mind.

What Can Be Covered?

Coverage spans a wide spectrum of collectible categories, including:

  • Art & Antiques
  • Coins, Stamps & Currency
  • Trading Cards & Sports Memorabilia
  • Comics, Toys, & Pop Culture Memorabilia
  • Music & Film Memorabilia
  • Firearms & Automotive-Related Collectibles (excluding automobiles)

Key Policy Highlights & Coverage Advantages

  • Agreed Value Protection: Settle claims based on agreed market value, avoiding actual cash value depreciation.
  • $0 Deductible: Policy features a $0 deductible with a low $50 claim minimum.
  • High-Capacity Limits: Covers collections valued up to $10 million, with an option for automatic monthly limit increases as the collection grows.
  • Broad Loss Protection: Includes protection against accidental breakage, burglary, theft, loss in the mail, earthquake, and flood (outside flood zones A & V).
  • Flexible Storage & Transit: Coverage applies at scheduled locations—including storage facilities—and during temporary transit.

 

Important Policy Exclusions

To maintain clear expectations, standard coverage excludes:

  • Normal wear, tear, and gradual deterioration
  • Mysterious disappearance
  • Damage occurring while an item is actively being worked on or restored

Ready to secure comprehensive protection for your collection? Get started today with fast, automated quotes and tailor-fit coverage for every piece in your portfolio.