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Old 01-19-2011, 10:53 AM
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Default Re: A Sad Collectors story and food for though.

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I have an idea: let's put our collections in one giant jiffy bag. Hey, some companies out there find it to be adequate protection, so we should too!
Play.com strikes again.

My collection isn't in the same league as twisted but I'm still concerned about what I would get in a claim.

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.

Has anyone tried specialist collector's insurance? Like the the ones for Stamps and Toy figures which there is already a large market for.
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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.

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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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Old 01-19-2011, 01:58 PM
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Default Re: A Sad Collectors story and food for though.

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Originally Posted by Gemini-Phoenix View Post
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?
check the link I posted a few posts up... it's a US based collector's insurance and they even help you value your collection.

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Originally Posted by gurpswoo1 View Post
interesting, I just use the quotation system for a $10,000 value and fire and theft protection. Total premium is $61 a year. That's not bad.

know to find one in the uk.
I would contact them anyway... it's possible that since it's a non-standard type insurance they might be able to insure in other countries, or they might know of a similar business in the UK that they could refer you to.
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Old 01-23-2011, 07:24 PM
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Default Re: A Sad Collectors story and food for though.

I have also been looking for an insurance for my collection, but it can be a real hassle.
Collections always change, value may increas rapidly because of a growing collection or items getting rare.
Most insurance companies over here don't know nothing about videogames, so for them it will be a big guess what the actual value is. I made an excel sheet with all of my purchases, but would that cover it? I don't have any receipts or whatsoever.
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Old 01-19-2011, 02:00 PM
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Default Re: A Sad Collectors story and food for though.

I found a UK Collector's insurance site:

http://www.dovetailinsurance.co.uk/i...-insurance.htm

I think i might give them a call.
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