I'm really glad that someone brought up the topic of Collector's insurance as I have been wanting to look into that for myself.

I do have a question. I was reading a "pdf" file from the www.CollectInsure.com's website about the coverages and under the "Exclusions" section, they say:

Exclusions

> Losses of $50.00 or less

Sounds like if I mail a chip valued at $45.00 and it becomes lost or damaged then I would not be covered? Is this correct???

Otherwise, this insurance sounds too good to be true. Seems pretty cheap and they cover loss of collectiables if stolen from the home, lost in the mail, if stolen from within a car or off a display table, etc.