What Do You Collect?

What Do You Collect?

Many people find joy and satisfaction in collecting a variety of items. Collecting items of value can also prove to be a good investment. Certain collectors have scientific-sounding titles. A coin collector, for example, is a Numismatist. A collector of postcards is a Deltiologist. Someone who collects stamps is a Philatelist. There’s even a name for those who collect Teddy Bears, an Arctophilist. Odds are if you collect something, you are some form of “ist”. So what is it that you collect?

If your collecting goes beyond an inexpensive hobby and involves keeping items in your home of exceptional value, you may not have adequate homeowner’s insurance. Although homeowner’s insurance will have coverage for contents, there will be limits to that coverage. If you have an extensive coin or postage stamp collection, valuable antiques or fine art, your coverage may come up short. Even extensive collections of records, sports memorabilia or even comic books could exceed your coverage. Certainly, valuable collections of gold and silver jewelry may exceed basic policy limits. So what’s a Cartophile or Machirologist to do?

The answer usually starts with an appraisal of the collection to find out its value. This appraisal should include a complete inventory of the collection. Depending on the collection, it can be valuable to get images of the items and individual values per item. Once the collection has been appraised its value should be compared to that limits of your homeowner’s insurance policy. If your coverage comes up short, it is time to contact one of our independent insurance agents to increase your coverage.

Our insurance agents are qualified to review the policies of any company and can make appropriate recommendations. If you like, we can search a variety of insurance companies who may specialize in loss prevention coverage for your specific type of collection. We can help improve your coverage at the best possible price.

If you would like to know more, contact us. Don’t risk years of collecting and your valuable collection to a loss by fire, theft, or natural disaster. Whether you are a Plangonologists, Antiquariun or Rabdophilist, we look forward to assisting you protecting the value of your collection.


Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Search All Blogs

Search
Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Want to learn more about our blog writer?

Read more about KayLynn's background.

Click Here

Search All Blogs

Search
Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt

The Benefits of Keeping Up With Your Home’s Value

Your Home’s Value May Impact You in More Ways Than You Realize

They Eat What? Where? Dining Across the Globe

For the Brave, Eating Can be Quite the Adventure

Preventing Slip and Falls at Your Business

We Can All Benefit By Limiting Slip and Falls

Beyond Life Insurance: Other Death Benefits for Which You May Qualify

There May Be Multiple Resources for Benefits Upon the Death of a Loved One

Having the Insurance “Talk” with Your Newly Driving Teen

Adding a New Driver is Exciting, Worrisome and Expensive

Weighing Desire For Gain vs Fear of Loss

How Do You Decide What’s Important in Your Life?

Five Movies Some Big Stars Must Regret

Even Though They Had Big Stars, These Films Have Fallen Flat

Exceptions to the Rule: Calamities Business Insurance May Not Cover

You Can Avoid Surprises When It Comes To Your Business Insurance Coverage

Situations When Term Life Insurance May Be the Best Solution

Term Insurance is a Flexible and Affordable Choice

When It May Be Best NOT to File an Automobile Insurance Claim

Should You Always File an Auto Insurance Claim Following an Accident?

Leave a Comment