Question about insuring models while in transit at shows

Your models, of course, are most valuable to you. For insurance purposes, however, they would carry replacement value, aka, retail cost. Your deductible is probably in the $500 range or more, home or car, so before you saw your first penny in insurance, you'd have to lose over $500 worth of retail cost, less depreciation, naturally.

Now, if you've been selling your models and have an established and documented price range, you could insure them for a lot. A friend, a well known scratchbuilder, has some of his models assessed at $80,000, (yes, eighty thousand US dollars for a single model). He also has a GPS tracking device hidden in it. For him, insurance makes sense. For us mere mortals, it wouldn't be worth the trouble.

Not specific to models. But when we moved we told the insurance company what was going on, they then transfered our contents insurance to a mobile contents or something like that. Lucky we did as the car got broken into while we were overnighting in wellington.

If you let your insurer know your transporting some valuables, they might put a temporary policy on top of what you already have.

I have no specific experience on this subject, but in general, I do not feel it would be worth it to try to insure your models.  I have inquired about insuring specific valuables, such as paintings, antiques and such around the house, and have found it to be frustrating, expensive, and generally not worth going through the process.  You would have to pay an appraiser to look at, and evaluate and document each item, and the cost of paying for the appraisals would probably exceed the value of your items.  And then, if you had an actual loss, you would have a fight on your hands to get anything out of the insurance company.  Rest assurered, they would argue about the value of your items and put the burden of proof on you.   Save your money and take your chances.

My opinion, I'm just sayin'.....