Your collection of modern antiques, signed books or perhaps your early edition games consoles, such as the Atari, could be worth hundreds of pounds. Are they though? And does your home insurance cover them? We take a look.
It is surprising what items are stored away in cardboard boxes and then put into the loft. As the years pass, many of these items gain in value. The Sinclair ZX81, for example, is practically useless for computing these days, however it is now a rare collectors item that can fetch hundreds of pounds at an auction, or on eBay.
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.
Maybe it’s time to investigate the value of your collection and investigate your home insurance too? Do you have enough home contents insurance in place?
If your collection is quite valuable it’s quite possible that a standard home contents insurance policy will not be sufficient. In this case, it could be well worth looking at a specialist or high net worth home insurance policy.
In situations like this, discussing your requirements with an insurance broker may be you best option. They will work hard to understand what insurance you need to fully cover the value of your contents and will then actively discuss your needs with the various insurance companies. With a human, rather than just technology, working for you, you might be surprised how good a deal an insurance broker can get for you.
Not only will a broker negotiate as best a deal that they can with various insurance brokers, they will probably look at your overall insurance requirements and could create a package deal to cover all your insurance needs and could save you money in the process.
If you want to arrange high net worth insurance then visit this link.
Tags: Contents Insurance, high net worth insurance, home, home insurance, insurance