Private Client Services
Collectibles
Let us help you safeguard your treasures — rare first edition books, sports memorabilia, comic books, baseball cards, records, stamps, coins and other rare collectibles.
Your treasures are a testament to your refined tastes and passion for unique acquisitions.
A Common Misconception
It is important to insure these collectibles with a nuanced approach that goes beyond conventional home insurance.
Start the Conversation →Many high-net-worth clients often assume that their collectibles are adequately covered under their home insurance policy. However, it’s crucial to recognize that these valuables may be subject to sub-limits and the home deductible, leaving them vulnerable in the event of a loss.
To ensure comprehensive protection, it’s advisable to break out collectibles from the home policy’s contents limit, providing a tailored collectibles insurance solution that reflects the true worth of each item.
One significant advantage of breaking out collectibles is the flexibility it offers in terms of itemizing larger items. Whether it’s a rare first edition book or a valuable piece of sports memorabilia, itemizing allows you to assign specific values to individual items.
Key Capabilities
Itemized or Blanket
Items to consider:
Consider list loads from the CMS.
- Itemizing individually significant pieces so each carries its own agreed value.
- Blanket coverage for smaller items that collectively contribute real value.
- Removing your collection from the home policy’s sub-limits and deductible.
- Documentation and appraisal for rare first editions and memorabilia.
- Storage and display conditions for fragile or light-sensitive items.
- Reassessment as collectible markets move.
Not sure what your current policy actually covers?
Why Simpson | McCrady
An Independent Advisor on Your Side of the Table
speak with an advisor
One conversation is all it takes to see where your current program stands. No cost, no obligation — just a clear picture from a named advisor.