Dave wrote:sam2002 wrote:Dave wrote:When I checked with my company (State Farm) they required a receipt on each machine and a detailed appraisal done on each machine.
I said, OK, let's assume I get this how much would the policy be if the total appraised value came back as X.
The quote was insanely expensive. I told them to go to hell.
I have found Collectible Insurance (
https://collectinsure.com) was by far the most reasonable.
Dave
Hi Dave
Yes my homeowners insurance is exactly the same as yours wanting individual appraisals for each item .
I got ahold of the recomended collectinsure . com . You and another person recommended this company .
Hoping to get a policy through them .
Sam
Another nice thing with collect insure is that damage is covered during shipment as long as you follow their rules. The major rule being to require a signature when the item is delivered and if it is over $5,000 have it added to the list of items BEFORE the item is shipped.
I have never had to file a claim with them so not sure how it would actually work.
Dave and all here ,
I took a policy through this company . It was a very easy process. It is also reasonably priced. Now I hope to never have to use this policy . I dealt with Kim she explained the policy in plain easy to follow language . She did also explain about the shipping insurance that for the most part just required a signature .
I will sleep a little easier knowing my collection is insured .
There must be others out there that will comment on this subject as it is a very important part of the hobby .
Thanks for the help on this I think maybe this subject is a fitting subject for a sticky .
Thank you to WB !