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CoinTalk > Coin Forums > Coin Chat Insurance for collections

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LinkBack Thread Tools Rate Thread Display Modes 07-11-2009, 07:12 PM   #1 (permalink) Wcj10 Member   Join Date: Jun 2004 Posts: 53 Insurance for collections I'm sorry if this may be an old topic but I couldn't find much when i searched. What are the thoughts on insurance for collections as in is it just added to your homeowners policy? Or is there more specific type of insurance for collectibles? I have a fireproof safe but I'm beginning to accumulate more than will fit into the safe and would prefer not to place in a safe-deposit box as I do enjoy looking at them. What do some of you do?   07-11-2009, 07:35 PM   #2 (permalink) Breakdown Member     Join Date: Jul 2009 Posts: 340 I have a policy through Collectibles Insurance LLP -- see their ads on the PCGS site. They have been easy to deal with though you never know how good an insurance co. is until you need to file a claim. I haven't, thank goodness. I keep my collection in a safety deposit box and keep images of my coins on my computer. Insurance covers the coins when I have some at home to ship for grading and while they are shipped. Good luck.   07-11-2009, 08:16 PM   #3 (permalink) Mark Feld Rare coin dealer     Join Date: Dec 2007 Location: San Diego Posts: 1,744 You might also consider coin insurance with Hugh Wood Inc. through the ANA - see here: http://www.hwint.com/usa/hughwood/ana/collectors.html   07-11-2009, 08:22 PM   #4 (permalink) green18 ANA# R3129541     Join Date: Sep 2007 Location: Long Island, New York Posts: 6,891 My Mood: Members of the ANA can qualify for insurance through their organization..... __________________ They also serve who only stand and wait....John Milton   07-11-2009, 08:32 PM   #5 (permalink) kanga 50 Years and Still At It     Join Date: Jun 2007 Location: Maryland Posts: 2,870 My Mood: Quote: Originally Posted by Mark Feld You might also consider coin insurance with Hugh Wood Inc. through the ANA - see here: http://www.hwint.com/usa/hughwood/ana/collectors.html I also use Hugh Wood. __________________ ANA Member APS Member ARA Member Be yourself ... everyone else is already taken.   07-11-2009, 08:51 PM   #6 (permalink) hontonai Registered Contrarian   Join Date: Dec 2005 Posts: 2,544 My Mood: The correct name for a homeowners insurance rider covering your collection is an "Inland Marine Rider". The cost and restrictions vary widely among insurers, so talk to your insurance agent about the details and then compare what he/she tells you with the information you get from specialized insurers. Usually the specialty insurers provide better value, but not always. __________________ Ethical conduct is being honest when no one is watching.   07-24-2009, 11:25 PM   #7 (permalink) Breakdown Member     Join Date: Jul 2009 Posts: 340 Quote: Originally Posted by Wcj10 I'm sorry if this may be an old topic but I couldn't find much when i searched. What are the thoughts on insurance for collections as in is it just added to your homeowners policy? Or is there more specific type of insurance for collectibles? I have a fireproof safe but I'm beginning to accumulate more than will fit into the safe and would prefer not to place in a safe-deposit box as I do enjoy looking at them. What do some of you do? I have a policy with them and found them easy to deal with. I can't tell you how good they will be if you have to file a claim, which is what you really want to know. Let's hope neither of us ever have to find out. I store my collection in a safety deposit box but occasionally take some of the coins out for grading or whatever and didn't want to have to worry about loss. I have also heard good things about the policy through the ANA.   Bookmarks Digg del.icio.us StumbleUpon Google Would you like to support CoinTalk? Coin Talk Code of Honor 1. Post unto others as you would have them post unto you. 2. Keep it clean, like a 1950s family television show. 3. If you don't like the coin, don't trash the person. « Tips for searching coins on eBay | Post Your Gold and Silver Coins Here! » Thread Tools Show Printable Version Email this Page Display Modes Rate This Thread Linear Mode Switch to Hybrid Mode Switch to Threaded Mode Rate This Thread: 5 : Excellent 4 : Good 3 : Average 2 : Bad 1 : Terrible Posting Rules You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On Forum Rules Similar Threads Thread Thread Starter Forum Replies Last Post How to ship coins, and insurance questions. american2 Coin Chat 11 06-25-2008 04:35 PM Coin insurance? Rabone US Coins Forum 10 09-21-2005 09:05 AM LinkBack LinkBack URL About LinkBacks

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