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Insuring the Not So Usual - Artwork/Antiques/Heirlooms/Collectibles Albany GA

Some insurance companies don't have much experience in the realm of art, antiques or collectibles. It may be worth finding an insurance broker who has some experience in this area.

Faircloth Insurance Agency
(229) 883-8581
2700 Ledo Rd
albany, GA
Alternate Phone Number
229-883-8581

C Jarvis Insurance Agency
(770) 205-5339
5750 McIntyre Way
Cumming , GA
 
AFFORDABLE INSURANCE
(706) 297-0009
837 EAST CURRAHEE ST
TOCCOA, GA
Alternate Phone Number
706-297-0009
Services
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Strategy First Financial Group
(678) 608-3319
2250 Corporate Plaza Parkway, Suite 101
Smyrna, GA
Alternate Phone Number
678 608 3319
Services
term insurance, life insurance, annuities, financial planning, estate assistance, retirement planning
Prices and/or Promotions
first consultation is free

Allstate Insurance- Rhonda Strickland Agency
(678) 541-0634
2700 Braselton Hwy Stre 14
Dacula, GA
Services
Insurance and Financial services

Professional Insurance & Financial Svcs
(770) 386-8177
310 North Tennessee St
Cartersville , GA
 
TIME INSURANCE
(404) 298-7900
3085 Breckinridge Blvd
Duluth, GA
Alternate Phone Number
404-298-7900
Services
Auto,Home,Health,Life and Business Insurance
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Call for your free quote. Are you getting all the discounts?

Peter Laczko Insurance
(888) 883-1630
310 Paper Trail Way, Suite 107
Holly Springs, GA
 
Lloyd Pro Group | Nationwide Insurance
(404) 892-2864
2980 Cobb Parkway Southeast
Atlanta, GA
Alternate Phone Number
(404) 892-2864
Services
insurance

Primerica Financial Services
(678) 458-0798
3286 Buckeye Rd Ste 202
Atlanta, GA
Alternate Phone Number
(678) 458-0798

Insuring the Not So Usual - Artwork/Antiques/Heirlooms/Collectibles

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Insuring the Not So Usual

Do you own artwork? Do you have fine antiques? Family heirlooms? What about collectibles? You may find that your current insurance policy doesn't really allow for such unique and valuable items. In fact, you will likely need special riders that will provide you with additional insurance coverage. You'll also have to do that for each treasured item individually.

Why would insurance companies require these belongings to be inventoried and insured individually? In reality, it's because most insurance companies work in the realm of statistics. They deal on a daily basis with the average. That's why most companies take your word for it when you submit a list of belongings to them in your claim. Why? Because insurance companies have a good idea of what kinds of things are owned by the average middle class family. They may even provide you with a checklist, so that you can better provide them with an inventory of your belongings, because they know what to expect to find in each room of a house.

However, when you begin to get into collecting unusual items or very expensive items, your insurance company can no longer take your word for it. They will need these items individually inventoried, preferably independently appraised, and since these items will be outside of the realm of normal, they will sometimes need to be individually insured.

Can your current insurance company give you the insurance you need? This is an excellent question. Some insurance companies do not have much experience in the realm of art, antiques or collectibles. In this case, it may be worth your while to find an insurance broker who has some experience in this area. Such a person may be able to help you find the right insurance company. If you are collecting art, your favorite art magazines can be a good resource when looking for such service providers. You should look out for companies with an established reputation as well as a successful and dedicated claims department. That claims department will be very important to you, if you ever need to make a claim.

While individual insurance for your treasures may be required, if your artworks are individually worth less than $10,000 each, you can go for a blanket policy. Under such an arrangement, you will not have to list all the items involved. However, the most you can claim for any single artwork will be $10,000. So, you will have to keep in mind the value of your items.

And you need to be ready fo...

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