Insurance Insights: Collective Concern
If you own a valuable collection, you should take the steps necessary to make sure that it is adequately protected. Casual hobbyists probably have sufficient protection under their homeowner’s policies, which typically cover personal property up to half the value of their homes. However, serious collectors and those with growing collections may find that the value of their prized possessions pushes the total value of their personal property over the threshold. If so, either a ride or specialty insurance coverage is needed. Moreover, even if the collection is not that valuable, specialty insurance covers risks that ordinary insurance does not. All-risk coverage insures collections against risks including fire, theft, flood, breakage, and accidental loss.
The John M. Glover Agency has been servicing the insurance needs of the Fairfield County area since 1916! Since then, we have continued to grow and expand. The agency was built on the principles of providing superior customer service and quality insurance solutions for our clients, and we work hard to uphold these values today. For more information, please give us a call. You can trust our experienced, professional agents to answer all of your questions and work with you every step of the way.
Quick Tip: Collectors should make sure that their insurance keeps pace with the growing value of their collections.