Policy questions: insurance plans offer protections for collections.

Farm Collector, October, 2002 by Irish, Jules

Should I insure my farm antiques and collectibles? It's the proverbial $64,000 question of the collecting market. And the answer is entirely personal. If you have the collector's "gene," as Dan Walker, owner of Collectibles insurance Agency, Westminster, Md., calls it, you had better give this serious consideration.

"You've either got the 'gene' or you don't. If you've got it, you're going to keep collecting," he says. When you keep collecting, values add up. A hundred dollars for a toy here, $50 for a sign there -- and soon you could have a collection worth thousands of dollars. Or what about that old, rusty tractor you picked up 10 years ago for $500? According to Roland H. Lunser, owner of U.S. Power Antique Tractor Insurance, East Aurora,...