Insurance & Securing toys - tips, questions and options (browse whole topic)

[GoktimusPrime]

There are already two threads about this subject in the Discussion section:
http://www.otca.com.au/boards/showthread.php?t=4421
http://www.otca.com.au/boards/showthread.php?t=4644

Board staff: would it be possible to merge these threads?

In answer to your question, as others have said, I think itemised home content insurance might be the way to go.

[pheonix83]

im with AAMI, and have listed my transformers as an item with a value in the thousands.

this didnt cost me anything more to my premiums.

they recommended i take photos and itemize my collection just in case as well.

[Doubledealer]

I called up the NRMA and asked them to insure my collection for $5000. They added the details to my home contents insurance (didn't cost any more on top of my annual home contents fee) and sent me a letter confirming everything.

[kristofferrer]

Gok - how do you find previous threads like that (really impressed)?

anyway - i'm with NRMA, covered for $10 000 worth of collecatbles.
Anything in excess of this and you'll need to get a valuer to quote the insurable value of your items.

[GoktimusPrime]

Gok - how do you find previous threads like that (really impressed)?

I used the board's Search Forums function:

I clicked on "Advanced Search" and the rest is straight forward from there.

[SofaMan]

It's difficult if you have a particularly large collection (several hundred or more), especially as the people best qualified to assess the value of our collections are we ourselves. Even toy dealers might not have the specialised knowledge of Transformers needed to give an accurate estimate of a collections value.

It might be good for us to cultivate some friendships with people who have a sideline as dealers, just to get them to countersign a letter confirming our estimation of the collection's value.

[kup]

How about Tiby as an authority on Transformers? He did appear in the Collectors TV show