Insurance Wants Photos, Not Vibes
I own a shelf of sealed Pokémon product. Sixty-odd items - booster boxes, elite trainer boxes, premium collections, a few Pokémon Center exclusives from Japan - and over the last couple of years the shelf has quietly become worth more than some of the furniture it stands near. Which means it belongs on the contents insurance, and contents insurance has a very specific idea of what “owning” something means. An insurer doesn’t want your enthusiasm. They want, per item: what it is, what it’s worth now, and photographs. Notably absent: what you paid. Insurance is about replacement value, and a box that cost $60 at retail and sells for $300 today is a $300 box. A list and a folder of pictures. If the shelf burns, that folder is the claim. ...