Insuring your armies

[Orcs]

Hi All,

My house insurance has come round again. I am just wondering if any of you have insured your armies separately, or have them named on your policy. 

When I have enquired with the insurance company before they have said that each figure is an individual item and under their £1500 single item limit, so part of the contents.  I have never been to comfortable with this.

I am interested in what other people have done, and thier experiences if they have claimed

Cheers

Mark 

[Big Insect]

You probably need a specialist hobby policy - start by searching for model railway insurance as that will lead you to speciality insurers who may consider insuring model soldier collections as a whole.
I must admit I gave up when I tried as it just became astronomically expensive and I have a collection that ranges from some very expensive 'professionally' painted medieval armies in 28mm - through to some rather badly painted 6mm micro-armour (by me in an era when I hadn't realised my eyes had deteriorated as badly as they had).
Most insurers couldn't tell the difference in value between the two - I gathered.

Underinsurance is also potentially as big an issue as over-insurance for most providers - but some may be prepared to offer you a blanket hobby policy.
You could also try a smaller personal type insurance broker. I know that AXA have both an Art Insurance and a Musical Instrument Insurance division - as examples.

Good luck and if you come across any sensible supplier please do let me know.
Thanks
mark

[Glorfindel]

You might find this site interesting:

https://collectioncalculator.com/


Includes a facility to list details of your collection (which I found strangely addictive) as well
as information on insurance.


Phil

[Matt J]

My brother has a magic the gathering card collection worth over £30k. I think he has it insured seperately

[Steve J]

IIRC Nik Harwood used to have his collection listed seperately on his house insurance, with a value of 10K to make sure he covered everything.

[jimduncanuk]

IIRC Nik Harwood used to have his collection listed seperately on his house insurance, with a value of 10K to make sure he covered everything.

I cleared a deceased wargamers collection and raised over £10k in the process (second hand value).

I think I have a much bigger collection and in much better shape too.

[steve_holmes_11]

Never really gave this much thought.

I paint and base my own, so the greatest impact on replacing any loss would be hours of my time.
I'm no Leonardo (or even Picasso - maybe a Pollock), and perhaps too modest to value my own time.

Besides, there's the lead-pile, the old stuff I'll probably never touch again and all the remnants from "undead projects".
I've little desire to replace those, and no concept of their value.
I really ought to get my act together and sort some of that stuff for gifting or resale.

Perhaps that's a solution to the greying of the hobby.
Generous veteran players gifting a couple of matched historical armies to the interested Warhammer lads.