Insuring your collection

[gsheen]

I am not sure I have posted this in the right place.


My collection has shrunk just after the national Geographic filming, I sold off many of my newer machines and then grown again with more Vintage vacuum's 


 


Now I have a huge amount of them on display at my shop and i am about to move more down, I contacted my Broker a good friend of mine about insuring them. Not for theft, you would have a hard time getting them out of my shop but rather fire and the likes.


 


He pointed out that I need to get it valued but that he would not know how to value it or who could as I am the best person who knows. 


 


So my question is how have you guys insured yours ? Considering most of them are irreplaceable 


 

 

[beko1987]

Mine aren't insured. I have no idea how to work out the value. Would it work like cars, just make a note if what similar machines sell for?

I imagine you could pluck a price out of the air but pay the premiums for it!

 

[gsheen]

Thats the issue, Insurers wont pay out unless its been valued by an independent specialist or appraiser. Or I could provide every invoice for every machine and part I have ever bought for them, Not Likely

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