Subject:
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Re: home-owners insurance and my collection
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Newsgroups:
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lugnet.general
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Date:
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Mon, 10 Dec 2001 17:35:02 GMT
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Viewed:
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1103 times
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In lugnet.general, Felix Greco writes:
> For anyone interested, I've looked into this and have an answer (at least
> for my situation). HO insurance usually has some type of policy on dealing
> with any type of collectible. Basically, you tell them what you think the
> collection is worth, and they charge a rate based on that. So, even if I
> tell them my collection is worth $50,000 (which it isn't) if I pay the
> insurance on that amount, its covered.
>
> Felix
> (who thinks about these things because he used to work for a large insurance
> company that 'might' rhyme with Fate Starm)
I really need to go back to talk to my insurance agent. When I got my house
insured when I bought it 2 years ago, my collection was less than half its
current size (which is over 200K bricks now). I think I need to bump up the
coverage a bit :)
Adrian
--
www.brickfrenzy.com
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Message is in Reply To:
 | | Re: home-owners insurance and my collection
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| For anyone interested, I've looked into this and have an answer (at least for my situation). HO insurance usually has some type of policy on dealing with any type of collectible. Basically, you tell them what you think the collection is worth, and (...) (23 years ago, 10-Dec-01, to lugnet.general)
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