Fire, flood, theft, or just a bad break-in — any of them can wipe out a collection you've spent years and a small fortune building. Coins, antiques, memorabilia, whatever it is you collect. The bit that catches collectors out isn't the loss itself, it's what happens when they try to claim.
Why standard cover often falls short
A lot of collections quietly outgrow a standard home and contents policy without the owner realising — insurers often cap valuables or specified items well below what a serious collection is actually worth. On top of that, without a proper itemised list, it's genuinely hard for anyone to know what should have been covered in the first place.
Collectors also tend to know their pieces inside out — provenance, condition, what they paid — but rarely have that written down anywhere central. It's all in their head, which is fine until it isn't.
What actually protects a collection
- Photos of each piece or set, including any marks, maker stamps or condition details
- What you paid and when, or a professional valuation where you have one
- A running total value, so you know if your cover is actually keeping pace
- A record kept separately from the collection itself
Where My Asset Mate comes in
My Asset Mate lets you catalogue a collection properly — photos, details, values, all in one place on your phone, and in the cloud too if you choose.
It also gives you a real, current total — so you can see straight away if your insurance is actually keeping up with what you've built, instead of finding out the hard way.