Collectibles Insurance

Protect your Valuable Collection Today!

Our specialized coverage is tailored to meet the unique needs of collectors like you. Whether you own fine art, antique furniture, rare coins, sports memorabilia, game cards, or any other valuable collectibles, we've got you covered.

What is Collectibles Insurance?

​Collectibles insurance is a type of specialized insurance coverage designed to protect valuable and rare items, often referred to as collectibles or collectible items. These items can include a wide range of objects such as art, antiques, coins, stamps, jewelry, sports memorabilia, wine, and other unique and valuable possessions.

The purpose of collectibles insurance is to provide financial protection against various risks that can damage or destroy these valuable items. These risks can include theft, accidental damage, fire, natural disasters, and other unforeseen events. Collectibles insurance policies typically offer coverage for the full appraised value or a predetermined agreed-upon value of the insured item.

Key Features

Some key features of collectibles insurance policies may include:
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  1. Coverage for a broad range of perils: Collectibles insurance policies typically cover a wide range of risks, including theft, accidental breakage, fire, flood, earthquakes, and other common hazards. The specific coverage can vary depending on the insurer and the policy terms.
  2. Agreed value coverage: Collectibles insurance often provides coverage based on an agreed value. This means that before the policy is issued, the insurer and the insured agree on the value of the item being insured. In the event of a covered loss, the agreed value is what will be reimbursed, rather than the item's current market value at the time of the loss.
  3. Worldwide coverage: Collectibles insurance policies may provide coverage for items wherever they are located, whether it's at home, in a safe deposit box, on display in an exhibition, or while being transported.
  4. Scheduled coverage: Instead of providing blanket coverage for all items, collectibles insurance typically requires a detailed schedule or inventory of insured items. Each item is listed separately with its corresponding agreed value or appraised value.
  5. Additional coverage options: Insurers may offer additional coverage options, such as coverage for newly acquired items, restoration costs, and loss of value after repair.

It's important to note that collectibles insurance policies can vary significantly between insurers, so it's crucial to carefully review and compare policy terms, conditions, and coverage limits before choosing a specific policy. Working with an experienced insurance agent or broker specializing in collectibles insurance can help ensure that your valuable items are adequately protected.

​Don't leave your precious collectibles vulnerable. Contact Hecht Insurance Advisors today to schedule a consultation with one of our experts. Let us provide you with the protection your valuable assets deserve.
(540) 712-2199​
600 Lee Highway
Verona, VA 24482​
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