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Insurance for graded cards - options

Quick question about your collections and how you insure them and through what company. I contacted my insurance company (USAA), and they put me in contact with American Collectors Insurance. Wanted to know if (a) anyone has used this company, and (b) if not who do you use for collections valued over say $40k that covers your cards, covers them when they are shipped, allows you to take them off premises to shows.... Thank you in advance for the help.

KC

Comments

  • KbKardsKbKards Posts: 1,782 ✭✭✭
    Another option to look into, which is widely used by collectors and dealers in cards, stamps and coins is http://collectinsure.com

  • seebelowseebelow Posts: 1,643 ✭✭✭
    there was a really good discussion (lengthy at least) about 2-3 yrs ago....dont know if the search function will go back that far...but id try it
    Interested in higher grade vintage cards. Aren't we all. image
  • KendallCatKendallCat Posts: 3,009 ✭✭✭✭✭
    Originally posted by: seebelow
    there was a really good discussion (lengthy at least) about 2-3 yrs ago....dont know if the search function will go back that far...but id try it


    That was some strong info there SB. Quit stalking Ebay and do a search!!

  • steel75steel75 Posts: 1,604 ✭✭✭✭
    I have mine included in my renter's insurance
    1970's Steelers, Vintage Indians
  • seebelowseebelow Posts: 1,643 ✭✭✭
    ha...im too busy hyping my own cards and raiding ebay vs such trivial matters


    glad i could help image
    Interested in higher grade vintage cards. Aren't we all. image
  • KendallCatKendallCat Posts: 3,009 ✭✭✭✭✭
    Originally posted by: seebelow
    ha...im too busy hyping my own cards and raiding ebay vs such trivial matters


    glad i could help image


    Not for long. I am trying to get a hold of a mod to shut you down you self promoting big card showing poster image

  • dberk12dberk12 Posts: 399 ✭✭
    Originally posted by: KendallCat
    Quick question about your collections and how you insure them and through what company. I contacted my insurance company (USAA), and they put me in contact with American Collectors Insurance. Wanted to know if (a) anyone has used this company, and (b) if not who do you use for collections valued over say $40k that covers your cards, covers them when they are shipped, allows you to take them off premises to shows.... Thank you in advance for the help.

    KC


    My insurance company is also USAA. I am in the process of getting my collection insured. They requested that I catalog my collection and estimate the values. I am printing out VCP prices to couple with a scan of the card. However I think they are only insured if stored in my house. I did not inquire about shipping or taking the cards elsewhere.



    Baseball, it is said, is only a game. True. And the Grand Canyon is only a hole in Arizona.





    -George F. Will
  • KendallCatKendallCat Posts: 3,009 ✭✭✭✭✭
    Originally posted by: dberk12
    Originally posted by: KendallCat
    Quick question about your collections and how you insure them and through what company. I contacted my insurance company (USAA), and they put me in contact with American Collectors Insurance. Wanted to know if (a) anyone has used this company, and (b) if not who do you use for collections valued over say $40k that covers your cards, covers them when they are shipped, allows you to take them off premises to shows.... Thank you in advance for the help.

    KC


    My insurance company is also USAA. I am in the process of getting my collection insured. They requested that I catalog my collection and estimate the values. I am printing out VCP prices to couple with a scan of the card. However I think they are only insured if stored in my house. I did not inquire about shipping or taking the cards elsewhere.



    That is correct. I have a policy and have to print off VCP info as well to send in to them. One thing to note is don't take the option for a discount if you have a safe deposit box. If you do and you file a claim they won't tell you this but they won't honor the claim unless.... wait for it.... they are stolen from the box. My buddy owns an agency and checked out the policy for me. Kind of sneaky. Also, correct they are not insure if shipped. What good does that do anyone?

  • begsu1013begsu1013 Posts: 1,943 ✭✭
    i use usaa for most of my insurance, but go w/ collectinsure as well.



    they cover everything but rising water. even shipping to and fro and you can add another location, ie work office, etc.



    you don't have to itemize anything unless it exceeds $5k.
  • seebelowseebelow Posts: 1,643 ✭✭✭
    Originally posted by: KendallCat
    Originally posted by: seebelow
    ha...im too busy hyping my own cards and raiding ebay vs such trivial matters


    glad i could help image


    Not for long. I am trying to get a hold of a mod to shut you down you self promoting big card showing poster image



    Then Ill get another account named "Warriors9"
    Interested in higher grade vintage cards. Aren't we all. image
  • KendallCatKendallCat Posts: 3,009 ✭✭✭✭✭
    Already did it - you can be # 10, but don't post pics of any big cards...
  • rtimmerrtimmer Posts: 1,347 ✭✭✭✭
    Yes unfortunately USAA doesn't cover sports card collections or comics above I think $10,000 so I have used American collectors insurance for a few years. I haven't had any claims yet so I really don't know how they respond but hopefully it's good coverage and yes you just itemize the items over $5k.
    Follow me at LinkedIn & Instagram: @ryanscard
    Join the Rookie stars on top PSA registry today:
    1980-1989 Cello Packs - Rookies
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