Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

  • Join The Silver Forum

    The Silver Forum is one of the largest and best loved silver and gold precious metals forums in the world, established since 2014. Join today for FREE! Browse the sponsor's topics (hidden to guests) for special deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topic posts. If you have any questions whatsoever about precious metals collecting and investing please join and start a topic and we will be here to help with our knowledge :) happy stacking/collecting. 20,000+ forum members and 900,000+ forum posts. For the latest up to date stats please see the stats in the right sidebar when browsing from desktop. 

Insurance for pm.s


Goldmick

Recommended Posts

https://www.cover4collections.com/

Another alternative. I think it depends how much you have and where it's stored really. Once your collection goes above maybe 10-20k it may be cheaper to get a specialised policy. 

E.g., while mine is in the bank it's fully covered by 1 company. When I take coins out, my house insurance will cover me for personal possessions away from home and up to a lower limit if I had some say I was selling at home.

I have seen some advertise that They will also cover coins in transit if you purchase and they get lost, but I wasn't able to find someone that actually did this for me.

Link to comment
Share on other sites

Every insurance company I spoke to said, when pressed they only insure coins that have been valued recently in your house no matter if they are in safe or you have receipts and pictures.

They often make it seem like they will cover valuables at home if you itemise them when taking the insurance out or have evidence of ownership but if you press them and they go and check the above is true.  I suppose it's not so bad for people who have local coin shops but if you have to travel hundreds of miles to get coins valued it is a bit of a pita.  Unfortunately it's either that or pay through the nose to have them visit you and value them.

 

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use