- What our clients Say About Us
- Other Collectables
Safeguarding Your Collection
Are you a passionate Collector with a treasured collection?
Your collection represents not only a significant financial investment but also the culmination of many, many years of dedication. Protecting your beloved collection is of the utmost importance.
That’s where our specialist Collectables Insurance policy comes into play.
Magnet Insurance offers a specialist Collectables policy for a wide range of collectables, including:
- Antique Sewing Machines
- Bears, Bookmarks
- Cigarette Cards, CD's/DVD's, Comics
- Coins & Medals
- Diecast Models, Dolls & Dolls Houses
- Fridge Magnets, Fountain Pens
- Lego
- Perfume Bottles, Plastic Models, Programmes & Magazines
- Postcards
- Sports Memorabilia
- Vintage Toys & Games, Vinyl Records
- Wine, Whiskey
- and many more...
Protection Against Unforeseen Events
Accidents happen. Whether it’s a fire or flood, theft, burst pipe, accidental damage or loss or damage in transit, the unforeseen can have a catastrophic impact on your collection. Insuring your collection ensures that you’ll have the financial resources to recover or replace your collection in the event of such disasters. Without insurance, the loss could be irreplaceable.
Peace of Mind
While collecting is a fulfilling, and even lucrative, it’s essential to recognize the need to protect your investment. Magnets Collectables insurance provides a safety net, protecting your hard-earned financial investment from unexpected disasters for you and your family legacy.
With specialist cover, flexible options, and the peace of mind it offers, insuring your Collection is not just an option—it’s a must-have for every dedicated collector, so you can continue to enjoy your collection without worrying about the what-ifs.
Customized Coverage
Tailor your insurance to match the unique needs and value of your stamp collection.
Comprehensive Protection
Safeguard your stamps from theft, damage, loss, and unforeseen disasters.
Expert Appraisal Assistance
Benefit from our appraisal services to ensure your stamps are adequately insured.
Collectables Insurance
Our policy is independent of your home insurance and includes cover for your Collection and related items.
Benefits include:
- All Risks cover, including loss or damage caused by fire and smoke, theft and malicious damage, burst pipes/escape of water, explosion as well as accidental damage and loss
- Only single, pairs or sets valued over £10,000 need to be specified on the policy
- Automatically covers your entire collection at your home, anywhere in the UK and up to 60 days in Europe including in transit, when on display at talks, presentations and other events or exhibition
- Up to £2,500 in value automatically covered for any one sending by post or courier (higher limits available upon request)
- Option to add Public Liability cover for exhibiting at Exhibitions or Fairs
- No policy excess but with option to increase excess in return for a discount
- Claims settlement is the cost of replacement on a like-for-like basis
Why Home Insurance may not be suitable
Whilst many home insurance policies may include cover for collections, it is vitally important that you check the small print.
Often collections are only covered if they have been ‘specified’ on your policy, i.e. specifically noted and shown in writing on your Policy Schedule. Is yours?
Home Insurance policies often have an ‘inner limit’ for the value of any collection. Does yours?
Does your home insurance policy cover your collection whilst in transit to / from and whilst at fairs or exhibitions?
In the event of a claim, are you confident that your home insurer understands the value of your collection and associated items?
- You can feel confident that your insurance needs are being handled by people who have a deeper understanding of your hobby and the value of collections, experience often lacking when dealing with a general insurance company or broker.
- You will be dealing with a broker and Insurance company who understands and has the experience of settling collectables insurance claims
- Our policy can be customised to your needs and preferences. Whether you have a small or extensive collection, you can choose the cover that suits you best and can adjust your policy as your collection grows or changes.
- No excess to pay in the event of claim. Most home Insurance policies have an excess of up to £500.
- If you make a claim on your Collectors policy, it will not affect your no claims discount on your home insurance policy;
Summary of Cover
Download a PDF with more information about cover details.
Specialist cover for collectors
While collecting can be a fulfilling and lucrative hobby, it’s essential to recognise the need to protect your investment. Collection insurance provides a safety net, preserving your hard-earned financial investment from unexpected disasters and protecting the value for you and your family legacy.
With specialist cover, flexible options, and the peace of mind it offers, insuring your collection is not just an option—it’s a must-have for every dedicated collector.
Don’t wait until it’s too late; protect your collection and continue to enjoy your lifelong passion with confidence.
IMPORTANT
To obtain the full benefit from your insurance it is important that the sums insured are adequate at all times. If they are inadequate then in the event of a claim the amount payable will be reduced in proportion to the degree of underinsurance. We do not Index link your sums insured at renewal, so it makes sense to review the sums insured regularly. If necessary, you should seek professional advice to ensure that the sums insured are correct.
- FAQ's
Frequently Asked Questions
Have questions about Magnet Insurance and our services? Find answers to common queries below.
If you can’t find the information you’re looking for, feel free to reach out to our customer support team for help.
Magnet Insurance offers a wide range of insurance products, including home and property insurance, specialty insurance for a wide range of hobby collections, including stamps, coins, medals, postcards, model railway and many more.
We like to think we experts in the field of insurance and will always go the extra mile to find the most suitable solution. We are proud of our excellent review scores and our staff our approachable, friendly and knowledgeable and will always treat you with respect and answer phones quickly!
Yes, just drop us an email or phone us with full details and 9 times out of 10 we can amend your current policy to reflect any changes to risk details of coverage.
We will issue your renewal invitation either by email or post, about 3 weeks before your policy expiry date. This will contain details of how to renew your policy.
- Get Insurance
Get your Personalised Insurance Today!
Experience the peace of mind that comes with a personalised insurance plan crafted just for you.
Contact us today to start protecting what matters most.
