inventory-insurance-and-coverage

name	inventory-insurance-and-coverage
description	Use when insuring a card collection. Different policies cover different scenarios; specialized insurers cover collectibles.

Inventory Insurance and Coverage

Homeowners typically caps collectibles at $1,500. Specialty insurers (Collectibles Insurance Services, AIG Private Client) cover full value.

Homeowners limitations

Standard homeowners:

• Collectibles cap: $1,500-2,500 typical
• Theft coverage: full only if rider added
• Damage coverage: depreciation-adjusted
• Loss coverage: full only if reported and documented

Specialty insurers

Recommended:

1. Collectibles Insurance Services (CIS): tier-based, $500+/year for $100K collection
2. AIG Private Client: high-net-worth, $1K+/year for $500K+ collection
3. Chubb Masterpiece: high-value with collectible riders
4. Hugh Wood International: specialist for fine art + collectibles

Policy essentials

Coverage should include:

1. Full replacement value (not depreciation-adjusted)
2. Theft (in-home, in-transit, in-vault)
3. Damage (fire, water, smoke)
4. Mysterious disappearance (no police report needed)
5. Worldwide coverage (if traveling with cards)
6. Newly acquired (auto-add to policy)

Where this fits in the X3 empire

Customer-facing FAQ for collection management.