Filed Under:Agent Broker, E&S/Specialty Business

5 Unusual Insured Collectibles

Agents play key role in protecting consumers’ favorite things.

Think that box of action figures or those Christmas villages are just a passing fancy? Think again. The collectibles industry is a booming business. Sales of collectibles in the U.S. have gone up 63 percent between 2010 and 2011. In the U.S. alone, collectors make up 27 percent of all collectors worldwide.

Savvy insurance agents are taking advantage of the sales potential that the collectibles market presents. It’s a virtually untapped market that’s growing rapidly. Typical homeowners’ policies fall far short of providing enough coverage for collections. Agents can increase sales by suggesting specialized coverage.

Militaria. Tanks included.

Quilts: the collectible that spans generations.

 

X-Men: The Original Series. Really original.


Back to the Future. Again.

Fossils. Not just for museums.


Featured Video

Most Recent Videos

Video Library ››

Top Story

15 tips for driving safely on ice and snow

More than 800 people die each year in the U.S. in vehicle crashes caused by snow, sleet and freezing rain.

Top Story

PIA's national president was born to insure

Robert W. Hansen Jr., a fourth-generation insurance professional, reflects on what drives him to keep selling after more than 30 years in the business.

More Resources

Comments

eNewsletter Sign Up

Specialty Markets Insight eNewsletter

Receive updates and analyses on hard to place and challenging coverages. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.