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

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.

Three Rivers Insurance
(208) 454-1424
910 E Cleveland Blvd
Caldwell, ID
Services
car insurance, auto insurance quote, vehicle insurance, free online insurance quotes, rate quote, life insurance

Shalom Farmers Insurance Agency
(208) 602-7892
2947 E. Magic View Dr
Meridian, ID
 
Landers Insurance
(208) 651-6208
1218 E. Sherman Ave.
Coeur d Alene, ID
Services
Auto Insurance, Health Insurance, homeowners insurance, life insurance, and Commercial Insurance

Shalom Farmers Insurance Agency
(208) 602-7892
2947 E. Magic View Dr
Meridian, ID
 
The Insurance Center
(208) 785-6661
745 W Bridge St Ste J
Blackfoot, ID
Services
Insurance agent, Insurance agency, Auto Insurance, Car Insurance, Health Insurance, Homeowners Insurance, Life Insurance, Business Insurance, Dental Insurance, Farm Insurance, Investments, Liability Insurance, Medicare Supplements, Mobile insurance, Manufactured Homes Insurance, SR22 Insurance, Vehicle Insurance, Annuities

Northwestern Mutual Financial Networks
(208) 467-6508
204 10 ave s
Nampa, ID
 
Pacific Crest Sevices, Inc.
(208) 938-4197
450 W State St
Eagle, ID
Alternate Phone Number
208-938-4197

Northwestern Mutual Financial Networks
(208) 467-6508
204 10 ave s
Nampa, ID
 
Angela Webb Insurance AGency
(208) 342-7728
4792 Overland Rd Suite 300
Boise, ID
 
Brunson Insurance
(208) 234-2727
1177 Call Place suite C
pocatello, ID
Alternate Phone Number
208-540-0817
Services
Farmers, foremost, bristol west,
Prices and/or Promotions
Free Quote! auto, home, life.

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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