Vinyl Records

How to Insure Your Vinyl Record Collection

As your vinyl record collection grows, you may be surprised at just how valuable it can become. If you have 10+ records, you may have hundreds of dollars worth of investment into them, so it makes sense for many serious collectors to think about insuring their vinyl.

After all, what happens if they get destroyed in an accident or stolen and you have to restart your collection from the very beginning?

Although many do not know, it is 100% possible to get your records insured so that you’ll always have peace of mind as you continue to expand your collection. Here’s how to do it:

How to start a vinyl record collection

How to Insure Your Vinyl Records

1. Check your Homeowners Insurance or Renters Insurance (if you have it)

If you have homeowner insurance or renters insurance, be sure to check your policy. Some policies may be able to cover the full amount of your vinyl collection, but depending on the size of your collection, you might not get full coverage.

If you have a smaller collection, you likely won’t need to get specialized insurance for your vinyl records if your current policy covers personal items.

2. Make an Inventory of Your Vinyl Records

In order to be able to insure your vinyl collection, you’ll need to create a list of all the records in your collection, including the original value of each record, the date of purchase (if known), and the receipt if possible.

This will help you determine the value of your collection and provide documentation for your provider if you need to file a claim, making it much easier to get the correct amount insured.

Vinyl Records

3. Determine the Value of your Vinyl Collection

Once you’ve finished your inventory, use online resources such as Discogs to determine the value of your collection. The value can vary from the original price of the records due to both depreciation and appreciation depending on the album, so it’s important to verify.

If you have a larger collection, you can also consult with a professional appraiser to get an accurate estimate.

Vinyl Record Player

4. Research your Options

Look into insurance providers that specialize in covering collectibles. There are many different ones, so it’s best to do your research and figure out which one fits your particular needs.

Some are providers that specialize in collectibles or antiques, but really any insurance company will do. Just try to find what works best for you.

How to start a vinyl record collection

5. Choose an Insurance Provider

Once you’ve done your research, choose the right insurance provider and purchase a policy that covers the full value of your record collection.

Be sure to review the policy carefully and ask any questions you may have before signing.

That’s it! Enjoy your peace of mind as you continue to grow your record collection.

You May Also Be Interested In:

Where to Find Rare Vinyl Records in Westchester County, NY

5 Best Record Stores in Orange County, CA

Beginner’s Guide: How to Start a Vinyl Collection

Cheapest Places to Buy Vinyl Records Online

Best Record Players Under $200

Is Your Vinyl Collection at Risk? Learn How to Store and Protect Your Vinyl Records

I’m 22 Years Old. Here is Why I Started a Vinyl Record Collection

Vinyl Records vs. Digital: Does Vinyl Really Sound Better?

Best Places to Find Rare Vinyl Records for Cheap

About Elijah Cross

Elijah Cross is a 22-year-old writer in Orange County, California. Originally from Tennessee, he moved to Irvine to pursue a career in media in hopes to become an author. In his free time, he enjoys thrift shopping, record collecting, and occasionally skating.

Want More Suburbs 101?

Be sure to Follow Us on Instagram, Like Us on Facebook, Subscribe to our YouTube Channel, and subscribe to our Weekly Newsletter.

Sharing is caring!

Scroll to Top