"How do I insure my art or my antiques or my sports memorabilia or my wine collection?"
Over the years, people have asked me that question in one form or another in an attempt to understand how to protect their collections.
As a collector, I understand their passion of being a serious collector. As an insurance agent, I understand their concern for a collection that they enjoyed and worked hard to accumulate. As an appraiser, I also understand how the sum of individual objects in a collection can add up over the years.
While this is normally related to personal insurance, I have seen many collections that a corporate account has built up over the years in their company offices and the same steps that apply to insuring personal collections also apply to collections that a company has accumulated during it's life time.
While many collectors innately know the value of their collection, many have either not recently or never sat down to do a serious analysis of their collection, it's total value and how to protect the collection and how to insure that value in the event of a serious loss. To that end, I have put together a short guide on the steps of how to insure and appraise a collection.
I have tried to provide the initial actions that a collector could take to evaluate their collection, determine the values and then translate that information to their insurance company. At end of this book, I have also provided a brief checklist to assist collectors as they work to safeguard their collection.
I hope that the readers will learn from this brief eBook and continue to accumulate and enjoy their collections.
Thanks and enjoy,