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As part of my recent housemove I had to sort out some new contents insurance and this time round they asked me if I had any "special collections" ( I really wanted to respond with "Yo, I'm Kid Sparkle, all my collections are special, biatch!"
)
Luckily, I managed to stop myself before blurting out something regrettable but I did mention my trainers, so now they want to know how much my collection is worth. I'm struggling a bit because (apart from being a flidmong at maths) whilst it's easy to add up the actual retail price of each pair, how would you calculate the value of ones that are old/rare/not obtainable anymore?
Any tips/advice greatly appreciated. Long winded, self-indulgent essays, not so much.
Supe like Wanton, Buju like Banton
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They can't or shouldn't charge you more for your contents insurance as no one item is worth more than £1,000.
I tell 'em I've got 140 pairs of trainers ranging in value from £40 to £800 and that they're catalogued and photographed.
They don't want to know anymore really.
You choose the level of cover for your house and that's about it.
£20,000 just about covers me.
Samo
Just call me Nik Nak..
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(18-07-09, 04:24 AM)Shellshock Wrote: "Yo, I'm Kid Sparkle, all my collections are special, biatch!"
That was too funny! Man I smell a custom user title there...
Its funny you should ask about insurance, I've been pondering this one myself, as these days my collection has expanded alot, not quite to the levels of some of the other members here, but its still far from the average "Yeah I got bare creps blud" I hear all the time in the sneaker shop...The couple JD/FL releases your mum has bought you do not make you the big boy sneaker head you like to make yourself out to be...)
I sumised that it would need to be some sort of contents insurance, but in all honesty I dont really want to insure all the other crap I have, just the kicks! The rest don't matter!
"SSDB does not condone or promote wack behaviour"
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Good question shellshock,I've not got mine insured but the 1st time i posted up my collection someone did mention about it.
I think like most of us we've spent alot and got alot of ££££ tied up kinda speak in are collections so some kinda insurance would probably be a wise move even if its just incase of a fire or something
Sure the money ain't gonna really help you replace the pairs you've lost,shit the chances of me replacing my collection would be bloody impossible same for every1 i think i mean how do you replace a pair of special super modifieds
saying that those fookers probably wouldn't burn anyways
You ever tried setting light to a peice of shit???
keep us posted i'd be interested to know what kinda response,info u get bk from your insurance company
It's not the size of the feet!!it's the amount of quality on em
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to be honest, i never ever though about insurance, but at the other hand - i don't have that much sneakers, and definetly not the limited ones like some people here..
just remember - even if something happens to your insured sneakers, it's not easy to get the money back from insurance company.
cheers
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They won't say anything as no one item is worth more than £1,000, some companies don't even give a toss unless it's an item worth more than £2,000.
You normally buy your insurance in £10,000 chunks so you decide the total value to replace all of your belongings and only have individually named items if they're worth more than that companies single item limit.
Normally a grand.
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Mine are covers on the house insurance as a collection, think the total is £5k.
If they go up in smoke I need something to make sure the wife lets me replace them....
Life moves pretty fast, if you don't stop and look around once in while you could miss it.
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Wouldn't bother with Direct Line though, rip off merchants!
fc with consumer advice
'All sins tend to be addictive and the terminal point of addiction is damnation.' - W H Auden
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Yh if you did lose all of your collection in a fire then getting 5K back would atleast help you to start rebuilding it up again.
Yes you cant really replace all your oldies an all that but its better than nothing.
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Hmmmm. I did consider this the other day as the upstairs neighbour had a leek directly above where i keep the shoes, luckily my (sort of) brother in law was there and heard the drips and moved everything out the way....
Cash is nice, but on the serious, a lot of mine I would not be able to replace anyway.
Fireproof vault into Google...
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I've actually wondered about this myself. I figure I need to increase my cover a little, because I dont think it would cover my kicks as well. Thing is, like a lot of collectable stuff, the value is subjective.
We may all say that a certain pair is "worth" £300, but surely insurance company would only pay what they actually cost, ie: £80.
That and the "worth" of some of them seems to change with time, sometimes for the better, sometimes for the worse.
What I actually paid for some of mine, and what they would have cost in the shop, is totally different (anniversaries a good example)
So I guess the question is not how much to cover them for, but what to try and claim should the need ever arise.
Man goes into cage. Cage goes in the salsa. Sharks in the salsa. Our shark!
