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The Chip Board Archive 08

Chip Insurance??

Ross Poppel had a great suggestion for a question for the Chip FAQ... chip insurance. This could actually be several questions, so I'm breaking them down here and looking to you guys for answers...

Will my homeowner's insurance cover my chips, or do I need a separate policy??

If I need a separate policy...

At what point (# of chips) should I consider insuring them? 100 chips? 1000 chips? more?

How are these policies sold? As a specific dollar amount of coverage?

How much does insurance like this cost?

How do they determine the amount of coverage you need? Chip guide prices?

Are there companies that specialize in insuring collectibles? (Ross provided one... Collectables Insurance Agency - www.insurecollectibles.com)

How often do you need to update/upgrade your policy?

If you can provide answers to these questions, please do so. Also, if you can think of any other questions that would be worth answering, I'll be glad to add them.

All your contributions are greatly appreciated and will be acknowledged in the FAQ.

Will

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