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<p>[QUOTE=&quot;KSorbo, post: 2404097, member: 56370&quot;]It&#039;s quite a coincidence that this thread started today.&nbsp; I was just on the phone this morning with my insurance agent to take out a renter&#039;s policy, as I recently relocated to another state.&nbsp; Even though there isn&#039;t much that I keep at home, I asked about coverage for coins and other valuables and was offered a rider for a very small additional premium, approximately $20 per year.&nbsp; It seems very cheap, although I&#039;m sure it helps that I live in an area which has a very low crime rate.&nbsp; &nbsp; </p><p><br /></p><p>I asked about documentation and was advised to keep sales receipts, photos or other proof of ownership.&nbsp; Has anyone had experience actually collecting on this type of policy?&nbsp; My coverage is with a major carrier (Travelers).&nbsp; I had a homeowners claim for a new roof from a hailstorm a few years ago and was surprised at how little difficulty I had getting the claim paid.&nbsp; It seems that with smaller claims they have an incentive to pay generously without much hassle, as they don&#039;t want to risk harming their reputation.</p><p><br /></p><p>Hopefully I will never need to use the policy, but it helps to be prepared in case something does happen.</p><p><br /></p><p>My guess is that the burden of proof and difficulty of getting a claim paid is probably proportional to its value.&nbsp; If I had a collection of proof $20 gold pieces (yeah, right...) I probably wouldn&#039;t want to keep it at home even if it was insured.[/QUOTE]</p><p><br /></p>

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