What’s the difference between collection insurance and homeowners insurance?

What’s the difference between collection insurance and homeowners insurance?

Collection insurance specifically covers valuable items like art or collectibles, while homeowners insurance covers the entire home and its contents.

Do I need both types of insurance?

It depends on your situation. If you have valuable collections, collection insurance can provide extra protection.

What types of items can I insure with collection insurance?

You can insure items like art, antiques, jewelry, and rare collectibles. Each policy may have specific coverage limits.

How do I choose the right coverage for my collection?

Consider the value of your items, their rarity, and consult with an insurance agent to tailor a policy to your needs.

Can I add collection insurance to my existing homeowners policy?

Yes, many homeowners insurance policies allow you to add a rider for collection insurance to cover specific items.