Cigar Insurance

[7kingsguy]

So at the moment im looking at home insurance and i was wondering if any of you insure your cigars? How do you go about it? Whats a fair price? Do you put it on your house insurance as an extra or get a special insurance policy?

If any of you have any experience of this I would be interested to hear. I think my stock and humidor is probably around the 8 to 10k value mark now and im starting to think, what would i do (other than cry) if it got stolen or burnt.

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[K444HEP]

So at the moment im looking at home insurance and i was wondering if any of you insure your cigars? How do you go about it? Whats a fair price? Do you put it on your house insurance as an extra or get a special insurance policy?

If any of you have any experience of this I would be interested to hear. I think my stock and humidor is probably around the 8 to 10k value mark now and im starting to think, what would i do (other than cry) if it got stolen or burnt.

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Enjoy the aroma?!

In all seriousness, this is a great question and timely too as I was thinking exactly the same thing earlier today, though my current stock is nowhere near the value of yours.


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[PeeJay]

I'm sure [MENTION=39]Stevieboy[/MENTION] mentioned this in his thread. He just told the insurance company and suffered a small increase in premium I think.

[potpest]

I have mine added in as a collection and its value, think it added about ?15 - 20 to the annual premium.

[Vitola]

I have mine insured as part of named high value items over and above the standard contents policy of my home insurance. I already had a high value policy in place to cover my audio equipment and MLW?s jewellery collection. The cigars and humidors were added to the policy


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[Marbleman85]

Well...this is it guys...its something so dear to all of our hearts,the value in monetary terms will always be irrelevant..even if you get paid out a higher amount than what your collection is worth. You can't get the years back and you cant get your smokes back,and it will always play on your mind.(the collection you "should" have had)I therefore would never scrimp on something like this if my collection was enormous(it is not)pay what the insurance ask of you and more....this is the type of thing that you need to insure!

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[thedame007]

I must say that I have not insured mine, I mean I can see why folks do for peace of mind, and certainly if it’s a largely static ‘collection’ like Steve’s. But I am smoking about 7 sticks a week, and from boxes all over the shot, as well as buying to top things up. So tracking the value, and proving that value in the event of a claim seems tough to me.

[Simon Bolivar]

I must say that I have not insured mine, I mean I can see why folks do for peace of mind, and certainly if it?s a largely static ?collection? like Steve?s. But I am smoking about 7 sticks a week, and from boxes all over the shot, as well as buying to top things up. So tracking the value, and proving that value in the event of a claim seems tough to me.

Indeed, claiming is what puts me off. I can imagine them asking for receipts which I never kept. Although I have my spreadsheets so I can 'prove' what I had & have every box photographed. My collection is my worth the price of a new car, I wouldn't want to pay hundreds of pounds insurance for something that statistically is unlikely to happen & small chance of getting a decent pay out. Would be interested to hear from those who have insured how much extra they had to pay on top of content insurance?

[ha_banos]

And had anyone claimed and what was involved...

[potpest]

I haven't on cigars but I was burgled many years ago when I used to DJ and my record collection was stolen. A spreadsheet of the records which I owned and each records value was sufficient for the insurers.

At the end of the day you add them as specified items with their overall value so an excel spreadsheet with what you have should be sufficient to make a claim if anything were to happen.

[Hookmaker]

.....AND indeed, the way insurance claims work, should the unlikely event happen that your home burns to the ground, they will just claim the collection was "smoked" while in your care

[Simon Bolivar]

I am not so worried about total loss of the house, sure the insurance pay out for that loss would be sufficient to cover most of my losses , I think smoke damage due to a smaller fire in part of the house more likely & would be sure to ruin your cigars (anyone one daft or drunk enough to have returned a partially smoked cigar to a humidor - will know all about that!). Yes, I managed that once - never got rid of the smell from the 50count humi & the cigars were tainted & had to give them away.
Thanks Henrik, showing up to date spreadsheets I could manage.

[ha_banos]

I am not so worried about total loss of the house, sure the insurance pay out for that loss would be sufficient to cover most of my losses , I think smoke damage due to a smaller fire in part of the house more likely & would be sure to ruin your cigars (anyone one daft or drunk enough to have returned a partially smoked cigar to a humidor - will know all about that!). Yes, I managed that once - never got rid of the smell from the 50count humi & the cigars were tainted & had to give them away.
Thanks Henrik, showing up to date spreadsheets I could manage.

Side note - occasionally see pictures of people smoking in some shop humidor..... wondered about this...

[PeeJay]

Side note - occasionally see pictures of people smoking in some shop humidor..... wondered about this...

First time I went to the DR they were happy for me to browse the walk in humidor with a lit robusto, I did ask. It was a very big room though.

[K444HEP]

I quite like this urban legend:

https://www.google.co.uk/amp/s/amp.theguardian.com/world/2002/oct/15/law.theguardian

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