[meteorite-list] Meteorite Appraisal for Insurance?

[Brian Cox]

Hi Folks,

Most major insurance companies such as State Farm, Allstate or Progressive 
will simply tell you: "GET a Safety Deposit Box for your valuable 
collections." They won't insure or don't want to tackle something that is 
worth over a few thousand dollars. I checked into this 12 years ago when I 
started collecting meteorites, and also coins, stamps, jewelry, etc. If you 
really wanted your insurance company to cover anything over $3,000 they have 
to attach a Rider and you're paying out the Whaaazooo in premiums.

The most common sense thing to do is go to your local Bank and get a safety 
deposit box that is large enough for all your most valuable collections, 
either Meteorites, coins, stamps, gold, silver, jewelry or whatever and you 
pay a yearly fee which would be cheaper by far than an insurance premium.
Plus you're better covered by your bank from fire, theft, flood or anything 
that might happen in your home and you can always go and visit your things 
or bring some home for a while. It just doesn't make sense to pay HUGE 
premiums and risk something that is so hard to value, especially older 
historical meteorites that keep going up in value and items that just can't 
be replaced for their beauty such as jewelry and other collectables.

Take care,

Brian Cox