Collectibles Insurance: What you need to know before getting a quote

 If you own something collectible that is worth quite a lot of value, one thing you may have found is that attaching collectibles to your homeowners insurance as scheduled property provides very lousy coverage as far as what is covered and how much is covered. If you want to get maximum coverage for your collectibles at a minimum premium, you really need to check out American Collectors Insurance (ACI).


   As a customer, ACI offers advantages that most companies don't:

• Easy quoting and underwriting process.
• Coverage is on Agreed Value basis.
• No appraisal required.
• Expert claims handling with adjusters who specialize in collectibles.

  


What American Collectors Insurance covers:
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What ACI DOES NOT INSURE!

• Jewelry
• Furs
• Furniture
• Fine Art
• Items used for commercial/business purposes (for example: I can insure private baseball card collections, but not to a baseball card dealer or sports memorabilia store owner)

   How much does collectibles insurance cost?


 For coverage of $10,000 or less, yearly premium is usually $75 per year. For coverage over $10,000, yearly premium is usually 0.75% of the coverage. This 0.75% rate includes all of the additional optional coverages that are usually not available on other collectible policies.


     Why is collectible insurance with ACI better than other companies?

• Most homeowners policies are very limited as far as what they pay out in coverage.
• Most homeowners policies do not cover things that ACI will cover. Examples include theft and occasional use.
• ACI offers a zero deductible. Homeowners deductibles usually start at $500 (or higher).
• ACI covers earthquakes, floods and hurricanes. Homeowners policies do not.
• Homeowners policies will pay out on an Actual Cash Value basis (market value). This could be an amount much less (think of agreed value vs. what something is selling for on Ebay).

      If you would like to get a quote with American Collectors Insurance, simply click on the link below and I will run your quote, and contact you with rates and answer any questions you have. And as always, I handle all quotes personally and privately, and do not share your information with anyone.


   
Get a Collectibles Insurance Quote with Lyles Insurance


Call me for a Quote




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Related Blog Articles:

​Video: Tips for Buying Insurance on Sports Memorabilia

​Video: Buyers Guide for Insurance on Figurines & Action Figures

Video: Right Way and Wrong Way to Insure your Collectibles