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

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.

Premier Insurance Nick Hammer Agency
(303) 904-1552
6004 S Kipling Pkwy
Littleton, CO
Alternate Phone Number
303-904-1552
Services
Insurance Brokers, Auto Home, Business

DAGLEY INSURANCE AND FINANCIAL SERVICES
(720) 381-2695
10125 W San Juan
Littleton, CO
 
Advanced Insurance Services
(303) 934-1435
2700 W Evans Ave
Denver, CO
Alternate Phone Number
303-934-0626
Prices and/or Promotions
Home-Auto-Business-Life & Health Insurance

State Farm Insurance Bruce Oyler Agency
(303) 730-1110
1621 W Canal Circle
Littleton, CO
Alternate Phone Number
(303) 730-1110
Services
Auto Insurance, Home Insurance, Renters Insurance, Life Insurance, Health Insurance, Liability Insurance, Bank Products

HEALTH CHOICE ONE - JOHN WEKSLER
(303) 475-4565
2 West Dry Creek Circle, Suite 100
Littleton, CO
 
COBIZ INSURANCE, INC.
(303) 988-0446
10901 W. Toller Dr.
Littleton, CO
 
STATE FARM INSURANCE - BILL ROUSE
(303) 424-0420
4350 Wadsworth Boulevard
Wheat Ridge, CO
 
KAUFMAN FARMERS INSURANCE AND FINANCIAL, INC.
(303) 934-8330
739 West Littleton Blvd
Littleton, CO
 
LAUTENBACH INSURANCE AGENCY LLC
(303) 798-2534
5721 S. Nevada Street
Littleton, CO
 
Kris Collison State Farm Insurance Agency
(303) 798-9868
26 W Dry Creek Cir Ste 590
Littleton, CO
Alternate Phone Number
303-798-9868
Services
Auto Insurance, Home Insurance, Life Insurance, Health Insurance & Business Insurance

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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