If you are an keen collector, your specialist collection could be worth hundreds, even thousands of pounds. Many collectors do not realise the value of their collections and may be under-insured as a result.
Have you got a collection of vintage ladybird books for example, perhaps passed to you by your parents or grandparents? Did you know that some of these can fetch 10+ each, even on eBay? What about the old Sinclair ZX81 in the loft or even an original Etch-A-Sketch? A good Sinclair ZX80 could sell for hundreds of pounds.
Rather as having a wine collection is becoming more popular, so too is collecting in general. Whether the accidental collector or the avid collector of all things from modern antiques, ‘kitchenalia’, to some mass produced items if kept long enough in good condition, your collections could be worth a small fortune.
So maybe now is the time to look more carefully at the contents of your home, including any specialist collections, to ensure that you are adequately insured.
If the value of your specialist items is quite high then they may fall out of the standard insurance policies available from the more prominent insurance companies and comparison web sites. In this case you may need to consider taking out a high net worth or specialist insurance policy.
Using an insurance broker might be the best option as they bring their personal knowledge and experience, and, importantly, contacts, to bear to find the best deal for your more specialist needs. They will be able to speak directly to their contacts in the insurance companies and may well be able to negotiate reduced commission payments that reduce your premiums in order to win your business.
An insurance broker can also look at your overall insurance requirements and they will then get to work to provide combined insurance products that fully meet your needs for a cost effective price.
If you would like high net worth insurance then visit this link.