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Old 01-19-2011, 01:50 PM
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Default Re: A Sad Collectors story and food for though.

Quote:
Originally Posted by gurpswoo1 View Post
I have been told by the insurance company that I need to mark the items that are high value in order to able to make a claim.

They will not be covered by the normal claim process if not mention seperately. However I get games all the time and constantly updated the list at the insurance company will likely increase the premium to sky high levels.
That's all well and good for the small time collector, or for someone who only has a few dozen VGA graded games, but for someone like myself it is near impossible! I have at least 200 games in my collection which are worth £100+ with a good quarter to a third of my collection worth over £50 (At least!) - How do they expect me to mark each and every high value item? It becomes a chore in itself!


Quote:
Has anyone tried specialist collector's insurance? Like the the ones for Stamps and Toy figures which there is already a large market for.
Is there such a thing? If so, then I would definitely consider it. After all, if such insurance exists for stamps and toys (Star Wars mint on their card I presume?), then there's no reason why it shouldn't also apply to games

I wonder - How do you insure a collection of stamps? Obviously if they burn in a fire, does the insurance company pay for you to obtain them all over again? Would you have to list each and every stamp you owned?
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