• When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.

Archived

This topic is now archived and is closed to further replies.

Comics insurance

Started by Tom473,

39 posts in this topic

Tom473

Tom473

Posted
Posted

My wife and I have decided that it is about time to get insurance for our collection, I understand that regular homeowners is not sufficient to cover full replacement should something happen. Does anyone have a recommendation on a reputable company that specializes in insuring comic collections?

 

Link to comment
Share on other sites
AnkurJ

AnkurJ

Posted
Posted

I have had a policy for three years. They are affordable and very easy to deal with. One of the best perks is that you don't have to buy USPS insurance when mailing as long as you have signature required.

Link to comment
Share on other sites
Erndog

Erndog

Posted
Posted
and what about for us Canadians?

Won't they insure you too? Who the hell cares,your money looks like Monopoly money. lol

 

Just think of it like CGC labels. Yellow, Blue, and Green. Easy to differentiate. Us Canadians like to try and make life easy where we can.

 

If all CGC labels were one colour, that would suck! Just like your money :D

Link to comment
Share on other sites
thunsicker

thunsicker

Posted
Posted
I have had a policy for three years. They are affordable and very easy to deal with. One of the best perks is that you don't have to buy USPS insurance when mailing as long as you have signature required.

 

+1 I figure the money I save on postal insurance pays my bill easily.

Link to comment
Share on other sites
zuulioso

zuulioso

Posted
Posted
My wife and I have decided that it is about time to get insurance for our collection, I understand that regular homeowners is not sufficient to cover full replacement should something happen. Does anyone have a recommendation on a reputable company that specializes in insuring comic collections?

 

Does it depend on the policy and what you have explicitly declared? I have a home owners policy with a specific rider for our jewelry and my comics. I discussed it with the agent and he claimed that as long as I have declared them (I have) then they will be covered in the event of theft, flood, fire, etc.

 

Sure it doesn't cover mail but if you are not sending comics and just want to make sure that your collectibles are covered you can get this done through homeowners. I have no idea how cost effective it is compared to collectinsure.com and in my case my coverage amount doesn't need to be very high.

Link to comment
Share on other sites
Transplant

Transplant

Posted
Posted
My wife and I have decided that it is about time to get insurance for our collection, I understand that regular homeowners is not sufficient to cover full replacement should something happen. Does anyone have a recommendation on a reputable company that specializes in insuring comic collections?

 

Does it depend on the policy and what you have explicitly declared? I have a home owners policy with a specific rider for our jewelry and my comics. I discussed it with the agent and he claimed that as long as I have declared them (I have) then they will be covered in the event of theft, flood, fire, etc.

 

Sure it doesn't cover mail but if you are not sending comics and just want to make sure that your collectibles are covered you can get this done through homeowners. I have no idea how cost effective it is compared to collectinsure.com and in my case my coverage amount doesn't need to be very high.

1) With all due respect to any insurance agents here, I would not take his word at face value. Many times they are wrong either intentionally or because they misunderstood as well. You won't find you're not covered until you've had a loss and they deny your claim. Most homeowner's policies do not cover collectible without a separate rider.

2) The cost from CIA is nominal and way cheaper than a rider.

Link to comment
Share on other sites
zuulioso

zuulioso

Posted
Posted
My wife and I have decided that it is about time to get insurance for our collection, I understand that regular homeowners is not sufficient to cover full replacement should something happen. Does anyone have a recommendation on a reputable company that specializes in insuring comic collections?

 

Does it depend on the policy and what you have explicitly declared? I have a home owners policy with a specific rider for our jewelry and my comics. I discussed it with the agent and he claimed that as long as I have declared them (I have) then they will be covered in the event of theft, flood, fire, etc.

 

Sure it doesn't cover mail but if you are not sending comics and just want to make sure that your collectibles are covered you can get this done through homeowners. I have no idea how cost effective it is compared to collectinsure.com and in my case my coverage amount doesn't need to be very high.

1) With all due respect to any insurance agents here, I would not take his word at face value. Many times they are wrong either intentionally or because they misunderstood as well. You won't find you're not covered until you've had a loss and they deny your claim. Most homeowner's policies do not cover collectible without a separate rider.

2) The cost from CIA is nominal and way cheaper than a rider.

 

I do fear number 1 and I will have to look into number 2. The annual for the rider was pretty cheap but it has been a couple years since I did any comparison shopping. Thanks! (thumbs u

Link to comment
Share on other sites
porcupine48

porcupine48

Posted
Posted
and what about for us Canadians?

Won't they insure you too? Who the hell cares,your money looks like Monopoly money. lol

 

Just think of it like CGC labels. Yellow, Blue, and Green. Easy to differentiate. Us Canadians like to try and make life easy where we can.

 

If all CGC labels were one colour, that would suck! Just like your money :D

Ern,you are awesome.Come by sometime and we'll drink REAL beer!!

Link to comment
Share on other sites
Sqeggs

Sqeggs

Posted
Posted
My wife and I have decided that it is about time to get insurance for our collection, I understand that regular homeowners is not sufficient to cover full replacement should something happen. Does anyone have a recommendation on a reputable company that specializes in insuring comic collections?

 

Does it depend on the policy and what you have explicitly declared? I have a home owners policy with a specific rider for our jewelry and my comics. I discussed it with the agent and he claimed that as long as I have declared them (I have) then they will be covered in the event of theft, flood, fire, etc.

 

Sure it doesn't cover mail but if you are not sending comics and just want to make sure that your collectibles are covered you can get this done through homeowners. I have no idea how cost effective it is compared to collectinsure.com and in my case my coverage amount doesn't need to be very high.

1) With all due respect to any insurance agents here, I would not take his word at face value. Many times they are wrong either intentionally or because they misunderstood as well. You won't find you're not covered until you've had a loss and they deny your claim. Most homeowner's policies do not cover collectible without a separate rider.

2) The cost from CIA is nominal and way cheaper than a rider.

 

I do fear number 1 and I will have to look into number 2. The annual for the rider was pretty cheap but it has been a couple years since I did any comparison shopping. Thanks! (thumbs u

 

A reason you may want to take a second look at what the rider actually covers. My understanding is that most riders that expand homeowner's insurance to include collectibles at their market value are expensive. But maybe your insurance company is an exception.

Link to comment
Share on other sites
zosocane

zosocane

Posted
Posted

Ditto on collectinsure.com. I just got a policy for my collection and the on-line application is super-easy. I asked for a specimen policy and read it before signing up, and didn't see any gimmicks or trap doors -- of course, you should ask for your own specimen copy and read it yourself to make your own decision.

Link to comment
Share on other sites
Sqeggs

Sqeggs

Posted
Posted
Has anyone actually collected from them upon a loss?

 

http://www.collectinsure.com

 

 

 

You'll thank me. (thumbs u

 

In another thread a couple of people said that they are good about paying off after a loss but, as I remember, after the third claim they drop you. You may want to search for that thread because I may not be correctly remembering what was said.

Link to comment
Share on other sites
Chaseman210

Chaseman210

Posted
Posted
Has anyone actually collected from them upon a loss?

 

http://www.collectinsure.com

 

 

 

You'll thank me. (thumbs u

 

In another thread a couple of people said that they are good about paying off after a loss but, as I remember, after the third claim they drop you. You may want to search for that thread because I may not be correctly remembering what was said.

 

I remember that thread, and you're right. I'm not 100% sure it's three, but it was a certain amount of claims before they drop you. Three sounds right, though.

Link to comment
Share on other sites
Go to topic listing