Have you insured you're Transformers?

Discussion in 'Transformers Toy Discussion' started by Dinobot747, Dec 12, 2010.

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Have you insured your Transformers?

  1. Yes

    8 vote(s)
    12.9%
  2. No

    54 vote(s)
    87.1%
  1. Dinobot747

    Dinobot747 Chopperface

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    Do you have enough money in, or care about them enough, to insure your Transformers? I, personally, am in the process of doing it. (I have a few hundred invested in them)
     
  2. Wollstone

    Wollstone Banned

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    That's a bit too extreme for me.
     
  3. AutoBobby

    AutoBobby The Collector

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    Mine are included under our homeowner's insurance,as part of the contents of the house.I took a bunch of pictures of them for documentation.Seemed like a no-brainer to me for all the money I have put into them.
     
  4. MagnusPrimal

    MagnusPrimal Well-Known Member

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    Not yet, but I plan to. I have a lot of money in those things.
     
  5. Auto Morph

    Auto Morph Gimmick Bot

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    I have so many, I just can't be bothered to go through all the time and effort to log everything with photos etc. Especially as my collection fluctuates through buying and selling so often.

    Besides, I'd only get a fraction of their true worth should anything actually happen to them. Insurance companies don't care about the rarity of FansProject stuff or the difference between movie legends Optimus prime and Buster Prime.

    I'm content to live with the risk.
     
  6. 46+2

    46+2 Well-Known Member

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    I will eventually.
     
  7. Matrixbeast

    Matrixbeast Here comes a thought

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    Nah.
     
  8. Thundershot

    Thundershot The guy with 28 Sweeps

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    Mine are covered under my homeowners, and I pay a little extra so it's "replacement value" not depreciated value.
     
  9. whoamidri

    whoamidri Mumbling Madman

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    I was told by my (homeowner) insurance company that the reimbursement would only be equal to the sticker price at retail. I'm not sure if that applies to all homeowner policies or just mine. Have you spoken to them specifically about how the reimbursement would be payed out? Please let me know :) 
     
  10. wolfe

    wolfe Well-Known Member

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    "You're transformers"?

    Very good idea.

    I even had insurance on my storage unit when i was using one.
     
  11. whoamidri

    whoamidri Mumbling Madman

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    That's pretty cool! I am curious though, did someone have to come out to appraise them or did you just take pictures and send them in with a written description to the insurance co.? I would think it would be hard to prove that some of the older stuff is genuine (hence much more expensive to replace) without have an appraiser come to look at them.
     
  12. Matty

    Matty @StayingInTheBox Moderator News Staff

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    No. I don't think I ever will either.
     
  13. Thundershot

    Thundershot The guy with 28 Sweeps

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    No it's on all the contents of the house. I pretty much have everything on file. If the house burns down, I'd have to purchase everything again and I'd get reimbursed. There's a maximum amount they'll give me for the house contents, but you get the idea.
     
  14. FanimusMaximus

    FanimusMaximus Well-Known Member

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    I should, but I don't know where to start.
     
  15. Wajo357

    Wajo357 Well-Known Member

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    for those who have it insured under your homeowners insurance, who do you use and what were the requirements you needed in order to have it covered?
     
  16. AutoBobby

    AutoBobby The Collector

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    I was told that if need be,I would be given the replacement value of my collection.I was just told to take pictures,and to try to keep an inventory on what I have.
     
  17. Seawing

    Seawing Lurker of the depths Moderator

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    Also for those who rent, there is renters insurance. So if the knucklehead down the hall burns the complex down, your stuff is covered. Just an FYI...
     
  18. Scantron

    Scantron Well-Known Member

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    Not specifically, but I have them covered under my renter's insurance. Although next time I move, I think I'm going to have to make some changes to my policy in that regard.

    EDIT - For insurance purposes, I have pictures of each individual figure with all accessories clearly shown. If something did happen, I have evidence of exactly what I have.
     
    Last edited: Dec 12, 2010
  19. Grimlock_13

    Grimlock_13 Reformed Geewunner

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    I've done the same thing. I've spent too much money on my Transformers and musical instruments to not have them covered!
     
  20. Astroscream

    Astroscream News Cred > Street Cred

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    Thats why I didn't bother with pictures and made sure all my receipts were kept in a safe location.
     

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