Coin insurance with Hugh Wood Inc.

Discussion in 'Coin Chat' started by ldhair, Aug 15, 2025 at 10:46 AM.

  1. ldhair

    ldhair Clean Supporter

    I just received my bill for another year of insurance and wanted to share.
    I have never found a better rate than what they offer. One year of coverage on $100,000 is only $350 and the rate has been the same for many years.
    Adding the coverage to my homeowners would cost almost 10 times as much and require me to provide an up to date list of every coin. That's hard to do for an active collector.

    There are a few rules.
    You must be an ANA member.
    They require a list of only the coins worth more than $10,000 each.
    They won't cover coins being shipped unless you pay for a plan as a dealer at a much higher cost. I don't ship enough to make that work for me.
    You can go online and get a free quote if you wish.
    Thought this might be of help to folks here.
     
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  3. -jeffB

    -jeffB Greshams LEO Supporter

    Yes, very helpful -- both to see a specific example of cost, and to clarify that the base plan does not cover shipment (I mistakenly thought it did).

    If I start collecting more actively again, getting this insurance will be high on my to-do list.
     
    Denis Richard likes this.
  4. Denis Richard

    Denis Richard Well-Known Member

    philologus_1 likes this.
  5. KBBPLL

    KBBPLL Well-Known Member

    I'm out, the way I read that. I don't have any individual coins worth more than $10k. But I'm not sure what that line means. They only insure coins worth >$10k, or they'll insure all of them but you only have to list the >$10k coins?
     
  6. philologus_1

    philologus_1 Supporter! Supporter

    @KBBPLL This is the answer to your question:

     
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