Rabone Posted June 16, 2005 Report Share Posted June 16, 2005 Coin insurance. Do you have any? If you do, who underwrote it for you? Did you add it as a rider on your homeowners or renters insurance policy? I know of only one collector who says they have insurance, and they got theirs after a theft occurred at their home. If you do have insurance, did you have to submit a current inventory of your collection along with pictures to prove you had them? Any information on this subject would be helpful. I believe my personal collection is just now reaching critical mass that needs two things, 1) a very good fireproof safe and 2) insurance covering acts of God and theft. Thanks. Quote Link to comment Share on other sites More sharing options...
ovrundr Posted June 16, 2005 Report Share Posted June 16, 2005 I have a fire proof safe for my guns and ammo. So I just made room for my coins in it. If it ever gets hot enough in there for the ammo to go off I'll have a bunch of holey coins. Quote Link to comment Share on other sites More sharing options...
GDJMSP Posted June 16, 2005 Report Share Posted June 16, 2005 Best coin insurance program I know of - ANA Insurance Quote Link to comment Share on other sites More sharing options...
Art Posted June 16, 2005 Report Share Posted June 16, 2005 I agree that the ANA policy looks awfully good. You don't have to have appraisals and all that stuff. Not sure what they do if you have a claim. It's pretty reasonably priced. I used to have a rider on my homeowner's for my coins and cameras. Then the prices went up. Then they wanted the coins in the bank....... So - I got rid of most of the coins. Got rid of most of the cameras. Quote Link to comment Share on other sites More sharing options...
Sir Sisu Posted June 16, 2005 Report Share Posted June 16, 2005 I have my coins insured and it is part of my home insurance. I usually send an updated list once a year. However, the value that I have it insured for has either been reached or very close to it. So I have to do a new inventory this summer and then see if my policy needs tweaking. Quote Link to comment Share on other sites More sharing options...
Corina Posted June 16, 2005 Report Share Posted June 16, 2005 I have my coins insured and it is part of my home insurance. I usually send an updated list once a year. However, the value that I have it insured for has either been reached or very close to it. So I have to do a new inventory this summer and then see if my policy needs tweaking. Well U All have High Priced Collection With high value Coins So insurance Would be A Good idea But Try A Collection Worth $80 to $86 Buying insurance For low Priced Collection, With Low value Coins just is A Waste Of Money JMHO Quote Link to comment Share on other sites More sharing options...
28Plain Posted June 16, 2005 Report Share Posted June 16, 2005 The ANA insurance looks like a feelgood policy to me. I wouldn't bother with it unless I knew someone who had collected on a claim and could tell me how their service is in that department. My homeowners policy covers some of what I own in the way of coins and collectibles but I'd anticipate a real hassle if I ever had to make a claim. Quote Link to comment Share on other sites More sharing options...
Scottishmoney Posted June 16, 2005 Report Share Posted June 16, 2005 The ANA insurance looks like a feelgood policy to me. I wouldn't bother with it unless I knew someone who had collected on a claim and could tell me how their service is in that department. My homeowners policy covers some of what I own in the way of coins and collectibles but I'd anticipate a real hassle if I ever had to make a claim. Safe deposit box. Quote Link to comment Share on other sites More sharing options...
bobbycoin Posted June 16, 2005 Report Share Posted June 16, 2005 Safe deposit box. Thats my current Coin Insurance -Bobby Quote Link to comment Share on other sites More sharing options...
AuldFartte Posted June 16, 2005 Report Share Posted June 16, 2005 Safe deposit box. That's where my good stuff is going after I get them all imaged Quote Link to comment Share on other sites More sharing options...
16d Posted June 16, 2005 Report Share Posted June 16, 2005 Wish I had. Quote Link to comment Share on other sites More sharing options...
Dan769 Posted June 18, 2005 Report Share Posted June 18, 2005 Safe Deposit Box Quote Link to comment Share on other sites More sharing options...
Conder101 Posted June 19, 2005 Report Share Posted June 19, 2005 I have a fire proof safe for my guns and ammo. So I just made room for my coins in it. If it ever gets hot enough in there for the ammo to go off I'll have a bunch of holey coins. That might not be a good idea. The solvents, oils and preservatives used on the guns may wind up being harmful to the coins. Quote Link to comment Share on other sites More sharing options...
tommyd Posted June 19, 2005 Report Share Posted June 19, 2005 Best insurance policy is to never advertise what you have and NEVER give the combination to your safe to ANYONE!!! Quote Link to comment Share on other sites More sharing options...
Capt-AWACS Posted June 20, 2005 Report Share Posted June 20, 2005 I have a rider on my renters insurance through USAA. Being that I had my collection stolen back in 99 I wish I had had it then!! Ciao, and Hook 'em Horns, Capt-AWACS, Yankee Air Pirate Quote Link to comment Share on other sites More sharing options...
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