Is your doll insured?

I just added a rider to my homeowners which provides me an additional 10K should my home bur down or anything like that.

 

thanks for the input. i will have to look into it more. the ad that i saw in the magazine was for the collectors insurance agency too

 

As already stated, most insurance companies will pay a very limited amount for 'collectables'.

The reasoning is:

1. people overestimate what their property is worth and even if you have a signed statement from a qualified dealer stating the value they will still dispute it.

2. Some people's collections are so valuable that if they did pay what it was worth they wouldn't make any profit.

Even on regular policies most companies will only give you what your items are worth at the time and not the actual replacment cost. In other words if you paid $500.00 for a TV and it's two years old, you're NOT going to get $500.00. If you want the acutal replacement cost you usually have to pay extra. And sometimes there's an actual limit on what they'll pay you regardless of the value of you stolen/damaged items.

So, if you have a expensive collection of anything check into what it would cost you to insure it through your insurance company and then what a policy from special 'collectors'
company would cost. Make sure the compensation they offer will cover collection and then go with whoevers cheapest.

 

Does anyone here insure their dolls on a homeowner or renter's insurance policy? If so, what answer did you give when asked about the doll's/dolls' value?

I need to update the collectibles rider on my insurance policy. My old policy doesn't have all of them listed and also doesn't have prices that are really reflective of the current secondary market. Please note that I am not some wacky investment collector who is trying to bankroll her fortunes on a faddish doll collection. Mainly, I am concerned about having dolls that I've paid a great deal of money to bring home, and much like I have health and life insurance, I would likewise hope to have "life" insurance for my resin pals in the most sensible way I can have that without looking flakier than a tray of baklava to my insurance company. I want to be able to at least maybe try to resurrect them or get new arms and legs for them in case my home gets attacked by genies or locust swarms or Zombie Teddy Roosevelt or something.

Anyhow, please share your experiences, as it would be most helpful. Thanks!

 

I just listed their approximate values.. I think as long as you can prove the going rate of something, that's what insurance will go by.

 

I don't see anything wrong with listing your dolls in your renters/homeowner's insurance, because they are considered to be "valuables" like jewelry, photographs, or artwork (which in most cases, the doll is literally a piece of artwork). I know each insurance company has different ways of putting this all together, but my package included insurance coverage for fire or break-in. You should, however, ask your insurance agent if they need to calculate added value over time. If they don't calculate and all that, then updating your list of valuables with adjusted values each year at renewment time is just as effective.

When I was asked the value of my doll, she was at the time only a few months old, so I gave the initial value of $620, because that was the price to purchase and ship her from Luts. Items like clothes, wigs, and eyes you add to the doll can be added to the overall value. Moddifications, unfortunatley, are entirely up to the artist to determine their added value on the doll. Just be reasonable ^_^;;

 

my parents insured my MSD when I went to college. I hadn't really thought about it, but they were making a list of things like my laptop and then asked how much she had cost and wrote her down too. she's only insured for really what I paid when I got her. Perhaps someday when I bother to move out and get my own I'll put her as more since I've invested so much into her, but at least its a start yes? I don't think there was any problem with getting her added either. If there was I was never told...I mean if my grandfather can insure his model cars and trains why can't I insure my figures and dolls....in fact...I should probably reasses my current collections worth o.0 I just added another half dozen things!!

 

If you have an email or an invoice or something, submit the price on that. Non marked down EMS value slips also work. That's what we did for Kori. The value was in yen but they did a conversion. Unfortunately theres no authrotative BJD price guide, so you need to go with your paid price. =/.

Also take pictures of the doll AND all the stuff it came with for that price - so basically, all its "default items". You need these so that if there's damage, they can't screw you and say its pre-existing.

 

Like home and content insurance that you can buy. I wonder if it's possible to cover your doll?

Since it is just as, or even more expensive than some of your appliances.

 

There is insurance specifically sold to cover collectibles. I don't know what rates are like, but especially for people who have a lot of dolls it may be worth it. I know m girls are some of the most valuable things in m apartment. If you do a google search for "collectible insurance" you should get a lot of results.

 

Well I know in Canada you can specify items in the content insurance for your house, but generally then you need to have an apprasial done. So that would be interesting to have done.

 

i think i read that there was a dollie owner on the forum that has over 80 dollies and someone mentioned them having insurance should anything happen. imagine $30,000+ worth of dollies in your living room with no insurance. that's a scary thought.

 

Hi Megami n.n

I think this is a really interesting thought. For one doll even, the cost for me is quite high. If I had a collection, I'd very seriously consider getting them insured under 'collectibles' like Heather says. I wonder what the insurance assessor might say when he sees them >.>;;

 

i asked this a long time ago and there is a dollie insurance-
http://www.denofangels.com/forums/showthread.php?t=28159&highlight=insurance

hope that helps

 

Two mo' to add:

http://www.denofangels.com/forums/showthread.php?t=11447&highlight=insurance
http://www.denofangels.com/forums/showthread.php?t=40013

 

my dolls are covered on my home and contents insurance, I also have special coverage on that that covers tham when i take them out of the house!

 

I wonder how an insurance company would value a bjd, specially a limited one. Would they go by purchase price. What if you'd bought a tan lishe, and it got stolen or wrecked, would they cover it at a replacement value, supposing you could get a replacement anyway. And how about modified and one of a kind dolls. It's such an unknown area really. I can imagine my insurance broker looking at me very very strangely if I asked about insuring my dolls individually and not just under general contents cover

 

okay, i think i'll ask my father to put my new boy's reciept in the "special documents" box. i can totally see my $1000 doll not being a big priority if our house burned down.

 

You could probably get your dolls covered with home owners or renters insurance.

 

It would be wise to check your policy as not all policies are alike in what they cover and how much they offer for contents coverage. If you own a home, contents covered is UP TO a percentage of the home value but if you have unusually high values for some items or A LOT of those items, you may need an additional rider to make sure they are covered. Artwork, jewelry, collections, etc.

If you have coverage for contents (I'm less familiar with apartment dwellers policies), you are protected to a certain percentage for things you own that are offsite as well.