Palatinus' OverPower Forum

I've been thinking lately about what would happen if my card were lost in a fire/flood/etc. I've got general blanket insurance that covers everything in my apartment, but nothing specifically for the cards and not really any record, beyond my checklist, of what I have.

Have any of you done anything specific to insure your OverPower collection?

I'm thinking I should! I have tallied the value of my collection (I have multiple sets) and I think it's more than the combined value of everything else I own! Oy! (Yes, I realize what that says about me and the quality of the shit I own... what's it to you?) 

-BBH

I had a similar epiphany a few months ago: http://www.beenhereandthere.com/SMF/where-to-buytrade/insuring-your-overpower/msg7657/#msg7657


I would guess it would fall under any homeowners policy. I don't know if you would need a specific rider for a specialty item of this nature. It's not like jewelry that has a "street value" but then again, I'm not an insurance agent.

I went through a house fire a little over six years ago.  Luckily no Overpower cards were harmed.  We did not have any special rider on the policy.  I did lose a lot of bulk Magic cards.

The generic policy we had did not cover collectibles; however, for insurances purposes I was able to value over 5,000 bulk cards at $0.25 each with no questions asked or raising any red flags.

I don't have the details, but a rider is needed to insure collectibles; otherwise, insurance companies will pay a portion of the amount to replace a generic item. 

ex. You're highly valuable 80's MOC GI Joe collection is "worth" the amount of the number of figures you have times the current day price of a GI Joe freshly manufactured without a rider.

It can be a double edge sword.   

That's kind of what I figured. Which makes it really scary when I look around my library. Between my books, comics, cards and video games, the stuff in that room is worth more than anything else I own.

Might be time to call up the insurance agent.

Quote from: Steino on October 02, 2012, 04:51:13 PM
I went through a house fire a little over six years ago.  Luckily no Overpower cards were harmed.  We did not have any special rider on the policy.  I did lose a lot of bulk Magic cards.

The generic policy we had did not cover collectibles; however, for insurances purposes I was able to value over 5,000 bulk cards at $0.25 each with no questions asked or raising any red flags.

I don't have the details, but a rider is needed to insure collectibles; otherwise, insurance companies will pay a portion of the amount to replace a generic item. 

ex. You're highly valuable 80's MOC GI Joe collection is "worth" the amount of the number of figures you have times the current day price of a GI Joe freshly manufactured without a rider.

It can be a double edge sword.

Great info. That makes a lot of sense.