What type of cover do you need?
Just like any other possessions, you need to cover your collection in the event that there was a fire, flood or theft.
It’s possible that you could insure your collection under your general home contents insurance policy. Many standard contents policies will cover jewellery, coins and antiques as well as other items.
Before you jump for this option however, it is vital to have a look at the terms and conditions to make sure you really are covered. As well as an overall value limit, there will also be limits that apply to individual items (usually about £1,500-£2,000 per item). More expensive items will usually need to be individually listed too.
If in doubt it’s best to talk to your insurance provider and check - better to be safe than sorry.
Another option is to consider a specialist provider for a specific collectibles insurance policy. This option would mean a tailored policy to suit the characteristics of your particular collection.
Specialist insurance providers will usually have experience of underwriting your type of collection and will be able to put in place a policy that more accurately suits your individual needs.
Whether you go down the standard or specialist route, it’s worth shopping around for your insurance cover. The insurance market is a very competitive place so don’t jump at the first quote you see.
That said, also don’t just buy your insurance on price alone. Your collection is likely to be very precious to you so make sure you’re happy with all the terms and conditions before you commit to buy.
Use our home contents comparison service to find the first deal for your collection.