Collectibles Insurance vs. Homeowner Policies
Why Purchase a Separate Collectibles Insurance Policy?
Serious collectors need specialty coverage that protects the full collectible value of their items.
MiniCo Collectibles Insurance offers more complete coverage at a competitive premium when compared to traditional homeowner policies. Plus the application process is simple and fast.
Benefits to Your Clients:
- Coverage up to $1,000,000 (higher limits available)
- Insured for full collectible value
- No appraisal required at application
- $0 deductible and competitive premiums
- A.M. Best “A” rated carrier
Benefits to You:
- Competitive agent commissions
- No minimum production requirements
- Easy online portal to quote and bind policies View Portal Demo
- Value for your personal line clients
- Growth opportunity for your business
| |
MiniCo Collectibles Policy |
Standard Homeowner Policy |
| Requires appraisals |
NO |
Yes |
| Requires a detailed inventory |
NO (applies only to items worth less than $2,500) |
Yes |
| Pays claims |
Full collectible value |
Actual cash value
(depreciated value) |
| Deductible |
$0 per occurrence
(higher limits available) |
$500 per occurrence or more |
| Coverage limits |
Up to $1,000,000
(higher limits available) |
$500-$2,000 |
| Imposes sub-limits |
NO |
Yes |
| Insures against risk of accidental breakage |
YES |
No |
