Collectibles Insurance

Serious collectors need specialty coverage that protects the full collectible value of their items. MiniCo Collectibles Insurance covers hundreds of collections, from fine art to sports memorabilia. In partnership with an A-rated carrier, we ensure collections are protected—no matter whether they are packed safely away in a storage facility or displayed proudly in a home.

MiniCo offers more complete coverage at a competitive premium when compared to traditional homeowners policies. Plus, the application process is simple and fast.

Target Classes

  • Action figures
  • Antique fishing tackle
  • Antique rugs and tapestries
  • Automobile memorabilia
  • Books and manuscripts
  • Cameras (vintage)
  • Collector plates
  • Coin collections
  • Comic books
  • Crystal and glass
  • Dolls and figurines
  • Fine art (paintings, drawing, prints, photography, etchings, statuary, bronzes, porcelains, etc.)
  • Fur
  • Guns and related equipment
  • Jewelry
  • Model trains
  • Movie memorabilia
  • Musical instruments and equipment
  • Ornaments
  • Pottery
  • Rare, unique or novel items (items of personal interest and memorabilia)
  • Rocks and minerals
  • Silverware, gold ware, pewter ware
  • Sports memorabilia (trading cards, autographs, etc.)
  • Stamp collections
  • Teddy bears
  • Toys
  • Wine

Coverage Highlights

  • AM Best A-rated carrier
  • $0 deductible and competitive premiums
  • Coverage up to $1,000,000 (higher limits available)
  • Insured for full collectible value
  • Nationwide availability
  • No appraisal required at application*
  • No minimum production requirements

Plus, agents enjoy:

  • Competitive commissions
  • No minimum production requirements
  • Easy online portal to quote and bind policies

*Appraisal required for jewelry items valued over $50,000.

For more information, download our flyer.

Key Contact

James Appleton

Director of Sales, Special Risk

FAQ

For your convenience we’ve answered some common questions below. Please contact us directly if you have more questions or would like more information.

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Why opt for a MiniCo Collectibles policy rather than use a standard homeowners policy?

MiniCo Collectibles Policy
Requires appraisals
No*
Requires a detailed inventory
No (only list items worth more than $25,000)
Pays claims
Full collectible value
Deductible
$0 per occurrence (with higher limits available)
Coverage limits
Up to $1,000,000 (with higher limits available)
Imposes sublimits
No
Insures against risk of accidental breakage
Yes
Standard Homeowners Policy
Requires appraisals
Yes
Requires a detailed inventory
Yes
Pays claims
Actual cash value (depreciated value)
Deductible
$500 per occurrence or more
Coverage limits
$500-$2,000
Imposes sublimits
Yes
Insures against risk of accidental breakage
No

What information do I need to have on hand to request a quote?

When requesting a quote for a collection, please include:

  • Insured’s contact information
  • Total value of all collections
  • Schedule of individual items valued over $25,000
  • Location(s) information including security
  • Prior insurance and loss history
How do I submit an application?

Complete an application via the online agent portal.

What company is the carrier for the collectibles program?

MiniCo’s program is offered in partnership with AXA XL, the global leader in specialty art and collectibles insurance. AXA XL has been awarded an AM Best A-rating.

What types of collections does MiniCo cover?
Just about anything that can be collected can be covered including fine art, sports memorabilia, wine, fur, silverware, rare books and manuscripts, rugs and tapestries, musical instruments, stamps, coins, firearms and many others.
Does MiniCo require separate policies for multiple collections?
No. Multiple collections may be covered under a single policy.
How is a collection valued?
The policyholder establishes the value of the collection. No appraisal is required at the time of application (except for jewelry items valued over $50,000). MiniCo’s program provides scheduled and/or unscheduled coverage up to $1,000,000 (higher limits available). Collections are insured for their full collectible value. Typical homeowners policies pay claims at actual cash value, which in most cases would be far less than the collectible value, or there may be a higher premium for replacement-cost coverage.
What are the location and security requirements for coverage eligibility?
Collections that are stored or displayed in the collector’s home, apartment, condominium, or self-storage facility are eligible for coverage.
What types of losses are covered?

MiniCo Collectibles insurance provides an all-risk policy to cover collectible items that are potentially vulnerable to loss. Our policy covers losses caused by:

  • Accidental Breakage
  • Burglary
  • Fire
  • Lightning
  • Loss in Transit
  • Mysterious Disappearance
  • Water Damage

Additional coverages are included for specific collectible classes. Please review your policy for more information on coverages, conditions and exclusions.

How do I file a claim?
Claims are handled directly by our A-rated partner carrier AXA XL. Click here for details.
Is direct billing available?

Direct billing and agency billing are available. Agents may indicate their billing preference when binding coverage in the online agent portal.

When direct billing is selected, the policyholder will receive the policy and an invoice via email, with instructions to pay the premium directly to MiniCo by check or credit card. The agent also will receive copies of these documents, and commission will be remitted upon receipt of premium payment.

Get a Quote

Please submit an application via the online portal.

File a Claim

Collectibles claims are handled directly by our partner AXA XL.

Our Claims Handling Philosophy

We believe that every policyholder is entitled to the highest standards of claim resolution. AXA XL claims professionals are recognized leaders in the field of adjusting art and collectibles losses. They work with insureds to resolve claims expeditiously and fairly. In addition to utilizing in-house art expertise, the AXA XL claims department collaborates with leading appraisers and conservators to provide creative solutions to difficult and unusual losses.

Submitting a Claim

The insured should notify their agent of a loss as soon as possible. This will help expedite the claims process and minimize the possibility of further damage to the object. After the agent submits the loss to the AXA XL claims department, an adjuster will contact the insured via telephone to begin gathering all relevant documentation. Once the relevant documents have been received and reviewed, the adjuster will work with the insured to settle the claim on mutually agreeable terms.

For more information, or to submit a claim, please contact:

Mariola Suchorzepka
Claims Specialist, Fine Art and Specie
XL Specialty Insurance Company/AXA XL
(212) 915-6468
mariola.suchorzepka@axaxl.com