Your collections shouldn’t be an afterthought to a home policy. At WAX, we engineered a solution that speaks directly to collectors, preserving what matters most to you without compromising on protection or convenience.”
— Steven Bass, COO
Limitations of Homeowners Insurance
Low per‑item limits: Many policies cap collectibles at $200–$2,500.
Exclusions: Categories like wine, comics, musical instruments or sports cards may not be covered.
No transit protection: Losses during shipping or travel are typically excluded.
Claim impact: Submitting a collectibles claim can trigger premium increases or non‑renewal of your home policy.
WAX Collect Policy Advantages
High limits and low or zero deductibles. Choose coverage that fits your risk tolerance.
Automatic coverage for newly purchased items, up to 25% of your class limit.
Agreed‑value settlements up to 150 % of scheduled values.
Claims filed under WAX have no effect on homeowners insurance.
One policy can cover diverse categories—from coins and wine to couture and comics.
Investing in a WAX policy diversifies your homeowner policy and safeguards your collectibles wherever they reside.
Real-World Case Study
A long-time client had a mixed collection of comics, designer handbags and antique firearms. A humidity control failure in their storage room led to mould growth that damaged vintage comics and leather goods. With WAX, they received agreed-value compensation and funds to restore the comics. Because their collectibles were insured separately, their homeowners insurer never learned of the claim — preserving their home coverage and avoiding a premium hike. Contrast that with a collector who filed a rare toy claim under their homeowners policy and had their coverage canceled at renewal.
Frequently Asked Questions
Q: Will filing a claim with WAX raise my homeowners premiums?
A: No. WAX claims are separate and do not affect home insurance.
Q: Can I insure my wine and coins under the same policy?
A: Yes. WAX’s mixed‑collection policies make it easy to bundle categories.
Q: What documentation do I need?
A: Provide purchase receipts, appraisals or photos to schedule items. WAX can recommend appraisers if needed.
Ready to protect your collection?
Collectors can request a quote in minutes through WAX’s digital platform, while brokers can contact us to design coverage for their clients.
