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

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.

Wells Insurance
(910) 251-5416
One North Third St
Wilmington, NC
 
Biggs Insurance Group, Inc
(704) 369-5270
14825 John J. Delaney Drive
Charlotte, NC
 
State Farm Insurance - Mike de Julien, Agent
(704) 243-3443
5924 Monroe Weddington Rd
Waxhaw - Wesley Chapel, NC
 
Hayes Insurance Agency
(704) 545-3337
7730 Matthews Mint Hill Road
Mint Hil, NC
 
Kyle Fadeley Ins Agcy Inc - State Farm Insurance
(704) 588-5585
13551 Steelecroft Pkwy Suite 120
Charlotte, NC
Alternate Phone Number
704-588-5585
Services
Insurance Agency,Home Insurance Agency,Auto Insurance Agency,Life Insurance Agency,Health Insurance Agency

Lawyers Mutual Liability Insurance Companyof North Carolina
(919) 677-8900, (800) 662-8843
5020 Weston Parkway, Suite 200
Cary, NC
Prices and/or Promotions
States/Provinces Served: North Carolina

NavStar Financial Services
(704) 799-3118
268 Queens Cove Rd.
Mooresville, NC
Alternate Phone Number
704 799 3118
Services
Long Term Care insurance, Medicare Supplements, Life Insurance, Annuities, Health Insurance

Cary Carolina Capital Insurance Group
(919) 617-7221
517 N Academy St
Cary, NC
Services
Insurance, Annuities,, Life Insurance, Insurance Company, Auto Insurance Agency.

MIKE EVERETT INSURACNE GROUP,LLC
(828) 466-0094
1112 CONOVER BLVD W
CONOVER, NC
Alternate Phone Number
828-466-0097
Services
AUTO HOME LIFE HEALTH COMMERICAL
Prices and/or Promotions
AS LOW AS $50.00 A MONTH

Surety One
(919) 859-5294
5 W. Hargett Street, 4th Floor
Raleigh, NC
Alternate Phone Number
(800) 373-2804

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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