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NewsTranscript
00:00From designer watches to handbags, rare art or even vases, collectors have numerous items
00:14to insure or protect.
00:16While most insurers offer comprehensive packages to protect or insure items, some offer highly
00:23specialized plans to protect these valuables or collectibles.
00:27Now you may be also aware of homeowners and renters insurance which offer coverage to
00:32such items.
00:34But there are limitations to these plans.
00:36For instance, there is a limit to how much they can pay out and also they have strict
00:41requirements on what categorizes as a loss.
00:45So when you are on a lookout to insure your valuables, don't just look at the plans.
00:51Also look at what limitations they have.