Insurance

***Tal Inbar*** · 06-17-2002, 09:08 AM

What do you think about insurance policy regarding the collection?
How the value of awards is set by insurance company? What about authenticity?

Tal

***Dave*** · 06-17-2002, 01:11 PM

Tal-

I've looked into getting my collection insured several times, but the answer is still the same- you have to get appraisals for each group. Having 30+ groups in my collection, that gets rather expensive! Plus, my collection is always growing, as well as thinning out, so it's hard for me to get new appraisals all the time. If anyone knows of a company that doesn't require appraisals, that would be great...

--Dave

***Nota Bene*** · 06-17-2002, 01:57 PM

Tal,

I've tried to insure my coins collection, and the answer is the same - they need to be aprised.

Alexei

Ed Maier · 06-17-2002, 05:16 PM

Gentlemen,

I have my collection insured by the Collectables Insurance Agency of Westminster, MD. They do NOT require an appraisal to insure your collection. In fact, my coverage has increased automatically each year to cover the increased value of my collection. I find their rates to be very fair and they have a good reputation. Their history is that they used to insure only stamp collections and then expanded into other collectables so that they have experience in this field. I have had a policy with them for over 4 years, but have never had a claim.

I can give you their phone number or web page address if you would like. Just email me. If anyone has had a bad experince with them I would really like to know.

Thanks,
Ed

***Art*** · 06-17-2002, 06:17 PM

Ed,

Go ahead and post the web address. That way anyone interested can go right to their site.

Thanks,

Art

***Dave*** · 06-17-2002, 09:40 PM

I checked out the Collectables Insurance Agency (CIA) and it looks really good- I've submitted an application for insurance on my collection.

Another that I had been looking into was the insurance offered by HW Wood Ltd in England. They likewise do not require an inventory. I'm still going to send off the application and get a quote from them, to see if they are competative with the CIA.

Another friend told me that the NRA (National Rifle Assn) will insure militaria collections through their gun insurance policies. I haven't checked that out, but it sounds like a good route also.

--Dave

Ed Maier · 06-18-2002, 08:52 AM

The web page URL for the Collectables Insurance Agency is:

www.collectinsure.com

1-888-837-9537

I hope this helps,
Ed

CZ · 06-18-2002, 09:04 AM

I already mailed them for an offer.

Regards from Vienna

***Nota Bene*** · 06-18-2002, 06:35 PM

Ed,

Great information! Big thanks!

scook17 · 07-31-2002, 08:56 AM

Does anyone know of any UK companies who offer insurance on medal collections? I imagine they are not covered under my standard household policy. Thanks.

Kind Regards,
Shane Cook.

06-17-2002, 09:08 AM	#1
*Tal Inbar* Marshal CCCP Join Date: Feb 2002 Location: Israel Age: 39 Posts: 5,042	Insurance What do you think about insurance policy regarding the collection? How the value of awards is set by insurance company? What about authenticity? Tal

06-17-2002, 06:17 PM	#5
*Art* Generalissimus Join Date: Jan 2002 Location: Buffalo NY Posts: 3,055	Ed, Go ahead and post the web address. That way anyone interested can go right to their site. Thanks, Art __________________ Visit the main site to the forum: The Soviet Military Awards Page Want to sell awards on the forum? Please read the FAQ Important Links: Forum announcements and rules \| Image posting FAQ

06-18-2002, 09:04 AM	#8
CZ Banned Join Date: Feb 2002 Posts: 252	Thanks, Ed I already mailed them for an offer. Regards from Vienna

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06-17-2002, 01:11 PM	#2
*Dave* Super Moderator Join Date: May 2002 Location: Maryland Posts: 1,427	Tal- I've looked into getting my collection insured several times, but the answer is still the same- you have to get appraisals for each group. Having 30+ groups in my collection, that gets rather expensive! Plus, my collection is always growing, as well as thinning out, so it's hard for me to get new appraisals all the time. If anyone knows of a company that doesn't require appraisals, that would be great... --Dave

06-17-2002, 01:57 PM	#3
*Nota Bene* Super Moderator Join Date: May 2002 Location: New York USA Posts: 7,174	Tal, I've tried to insure my coins collection, and the answer is the same - they need to be aprised. Alexei

06-17-2002, 05:16 PM	#4
Ed Maier Senior Member Join Date: May 2002 Location: Frederick, MD Age: 40 Posts: 441	Gentlemen, I have my collection insured by the Collectables Insurance Agency of Westminster, MD. They do NOT require an appraisal to insure your collection. In fact, my coverage has increased automatically each year to cover the increased value of my collection. I find their rates to be very fair and they have a good reputation. Their history is that they used to insure only stamp collections and then expanded into other collectables so that they have experience in this field. I have had a policy with them for over 4 years, but have never had a claim. I can give you their phone number or web page address if you would like. Just email me. If anyone has had a bad experince with them I would really like to know. Thanks, Ed

06-17-2002, 09:40 PM	#6
*Dave* Super Moderator Join Date: May 2002 Location: Maryland Posts: 1,427	I checked out the Collectables Insurance Agency (CIA) and it looks really good- I've submitted an application for insurance on my collection. Another that I had been looking into was the insurance offered by HW Wood Ltd in England. They likewise do not require an inventory. I'm still going to send off the application and get a quote from them, to see if they are competative with the CIA. Another friend told me that the NRA (National Rifle Assn) will insure militaria collections through their gun insurance policies. I haven't checked that out, but it sounds like a good route also. --Dave

06-18-2002, 08:52 AM	#7
Ed Maier Senior Member Join Date: May 2002 Location: Frederick, MD Age: 40 Posts: 441	The web page URL for the Collectables Insurance Agency is: www.collectinsure.com 1-888-837-9537 I hope this helps, Ed

06-18-2002, 06:35 PM	#9
*Nota Bene* Super Moderator Join Date: May 2002 Location: New York USA Posts: 7,174	Ed, Great information! Big thanks!

07-31-2002, 08:56 AM	#10
scook17 Senior Member Join Date: Apr 2002 Location: United Kingdom Posts: 424	Does anyone know of any UK companies who offer insurance on medal collections? I imagine they are not covered under my standard household policy. Thanks. Kind Regards, Shane Cook.

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