Pool Cue Insurance Floater

[lfigueroa]

Has anyone purchased an insurance floater to cover their pool cue(s) when traveling, under the auspices of their homeowners policy? And if so, what kind of coverage did you get and what did it cost you?

Also in the same vein, has anyone bought insurance from an airline (SW), or third party provider, for one time (trip) coverage?

Lou Figueroa

 

[Cornerman]

Has anyone purchased an insurance floater to cover their pool cue(s) when traveling, under the auspices of their homeowners policy? And if so, what kind of coverage did you get and what did it cost you?

Also in the same vein, has anyone bought insurance from an airline (SW), or third party provider, for one time (trip) coverage?

Lou Figueroa

This may not help, but when I moved, I insured my cues under "collection." The policy for the moving (one week) was the same as the annual policy of insuring the collection (in the State of Florida).

Wondering out loud if the same thing would apply for a single cue? My deductible was worth it considering the difference of total value of the collection vs. the deductible.

My SO is an insurance agent and was walking me through the idea of insuring a guitar under homeowners insurance and taking it with you during travel. The deductible vs. the single guitar might not make sense. That being said, outside of Florida you might be able to do the floater or rider or endorsement or sumpin'.

Freddie <~~~ needs a lot of walking through

 

[Fast Lenny]

It is so crazy we cannot carry it on planes, funny thing is they let me carry this heavy duty tripod on and this thing could really hurt someone.

 

[geno]

Has anyone purchased an insurance floater to cover their pool cue(s) when traveling, under the auspices of their homeowners policy? And if so, what kind of coverage did you get and what did it cost you?

Also in the same vein, has anyone bought insurance from an airline (SW), or third party provider, for one time (trip) coverage?

Lou Figueroa

I have had 2 instances were I have used my home owners policy to replace my cues.

The 1st one was years ago when my car was stolen with my cues in it. The cues were valued at the time at around $2,000. I had no problem getting paid from my home owners insurance at the time and I did not have any extra special coverage.

The last time was a flood and I had many, many cues over $30,000 worth destroyed in the flood. I was paid a partial amount for the cues from my home owners policy (State Farm) and when I replaced the cues I was paid the rest of the money. Again, I had no extra special coverage for these cues on my policy.

So based on my experience I see no need to buy any extra coverage if you have a respectable insurance company.

Also note that because I did have "Proof of Purchase Receipts" the whole process was much easier than if I had no receipts. So make sure you have your original purchase receipts in a safe place.

 

[dr9ball]

Has anyone purchased an insurance floater to cover their pool cue(s) when traveling, under the auspices of their homeowners policy? And if so, what kind of coverage did you get and what did it cost you?

Also in the same vein, has anyone bought insurance from an airline (SW), or third party provider, for one time (trip) coverage?

Lou Figueroa

I had to take out a rider on each cue because they each were valued over $1500.

As someone said, having the receipt of purchase or in the case of some collectable cues, a letter from an authority specifying their value at the time you insure them is very useful.

 

[macguy]

I have had 2 instances were I have used my home owners policy to replace my cues.

The 1st one was years ago when my car was stolen with my cues in it. The cues were valued at the time at around $2,000. I had no problem getting paid from my home owners insurance at the time and I did not have any extra special coverage.

The last time was a flood and I had many, many cues over $30,000 worth destroyed in the flood. I was paid a partial amount for the cues from my home owners policy (State Farm) and when I replaced the cues I was paid the rest of the money. Again, I had no extra special coverage for these cues on my policy.

So based on my experience I see no need to buy any extra coverage if you have a respectable insurance company.

Also note that because I did have "Proof of Purchase Receipts" the whole process was much easier than if I had no receipts. So make sure you have your original purchase receipts in a safe place.

Not many guys even have a receipt for their cues or anything to attest to its value. Heck, they can even prove it existed. I had a custom cues stolen from a car some years ago and before my homeowners would cover it they wanted to see some documentation of it's value. When I told them what it was worth they were not going for it. I had to get a letter from the cue maker attesting to it's value he made it for for me.

 

[manwon]

Has anyone purchased an insurance floater to cover their pool cue(s) when traveling, under the auspices of their homeowners policy? And if so, what kind of coverage did you get and what did it cost you?

Also in the same vein, has anyone bought insurance from an airline (SW), or third party provider, for one time (trip) coverage?

Lou Figueroa

Lou my home owners policy covers anything in my vehicles locally or while traveling, the only stipulation is that if my vehicle is broken into I need a Police report that identifies the loss.

Around six years ago, I was transporting about $2000 worth of billiards equipment in my truck to a show. I stopped to have dinner and some one broke in and stole my equipment including cues and cases, my home owners policy covered the loss and the repairs from the break in. I did not have any kind of floater to my standard policy, now i have no idea when it comes to Airlines.

Hope this helps

 

[JoseV]

I have had my cues at one point insured by USAA without a hassle just a ew quick questions and done.

 

[lfigueroa]

This may not help, but when I moved, I insured my cues under "collection." The policy for the moving (one week) was the same as the annual policy of insuring the collection (in the State of Florida).

Wondering out loud if the same thing would apply for a single cue? My deductible was worth it considering the difference of total value of the collection vs. the deductible.

My SO is an insurance agent and was walking me through the idea of insuring a guitar under homeowners insurance and taking it with you during travel. The deductible vs. the single guitar might not make sense. That being said, outside of Florida you might be able to do the floater or rider or endorsement or sumpin'.

Freddie <~~~ needs a lot of walking through

Thanks, Fred.

Lou Figueroa

 

[lfigueroa]

It is so crazy we cannot carry it on planes, funny thing is they let me carry this heavy duty tripod on and this thing could really hurt someone.

lol. I always wondered who the FAA/TSA numnuts was that decided one day, post 9/11, to call out pool cues.

Lou Figueroa

 

[lfigueroa]

I have had 2 instances were I have used my home owners policy to replace my cues.

The 1st one was years ago when my car was stolen with my cues in it. The cues were valued at the time at around $2,000. I had no problem getting paid from my home owners insurance at the time and I did not have any extra special coverage.

The last time was a flood and I had many, many cues over $30,000 worth destroyed in the flood. I was paid a partial amount for the cues from my home owners policy (State Farm) and when I replaced the cues I was paid the rest of the money. Again, I had no extra special coverage for these cues on my policy.

So based on my experience I see no need to buy any extra coverage if you have a respectable insurance company.

Also note that because I did have "Proof of Purchase Receipts" the whole process was much easier than if I had no receipts. So make sure you have your original purchase receipts in a safe place.

Thanks, Geno. But I was wondering specifically about whether insurance would cover a pool cue if an airline lost your checked bag mit the pool cue inside.

Lou Figueroa

 

[lfigueroa]

I had to take out a rider on each cue because they each were valued over $1500.

As someone said, having the receipt of purchase or in the case of some collectable cues, a letter from an authority specifying their value at the time you insure them is very useful.

Thanks, Dr. I have all the documentation, so that's not an issue.

Does your policy cover your cues if an airline loses them?

Lou Figueroa

 

[lfigueroa]

Lou my home owners policy covers anything in my vehicles locally or while traveling, the only stipulation is that if my vehicle is broken into I need a Police report that identifies the loss.

Around six years ago, I was transporting about $2000 worth of billiards equipment in my truck to a show. I stopped to have dinner and some one broke in and stole my equipment including cues and cases, my home owners policy covered the loss and the repairs from the break in. I did not have any kind of floater to my standard policy, now i have no idea when it comes to Airlines.

Hope this helps

OK, thanks, Craig.

Lou Figueroa

 

[lfigueroa]

I have had my cues at one point insured by USAA without a hassle just a ew quick questions and done.

I have USAA too, Jose. What kind of coverage did you get and what did they charge?

Lou Figueroa

 

[lfigueroa]

OK, so just for everyone's general knowledge: I just got off the phone to my insurance company and Stella said the pool cue would be covered as a "theft peril" under my homeowners policy and that, with proper documentation (and after paying the deductible), the cue (and presumably the case) would be covered if it got stolen out of my checked luggage.

Lou Figueroa

 

[dr9ball]

OK, so just for everyone's general knowledge: I just got off the phone to my insurance company and Stella said the pool cue would be covered as a "theft peril" under my homeowners policy and that, with proper documentation (and after paying the deductible), the cue (and presumably the case) would be covered if it got stolen out of my checked luggage.

Lou Figueroa

Did you ask her what the limit for an individual item is?

Usually individual items are covered up to a certain limit. If you're playing with a fancy Black Boar or a collectible Szambotti etc you certainly want to ask. It does depend on your insurance policy.

 

[lfigueroa]

Did you ask her what the limit for an individual item is?

Usually individual items are covered up to a certain limit. If you're playing with a fancy Black Boar or a collectible Szambotti etc you certainly want to ask. It does depend on your insurance policy.

Apparently there is no limit -- up to the amount of my homeowner policy's coverage. The cue is high end, but it is not that high end

Lou Figueroa
it would be
a Gina

 

[JoseV]

Lou, Sorry i dont remember it was years ago. All i can say they covered it for the full price i said it was worth. But im about to Insure my current cue with them since ill be leaving Korea in a few months.


Are you Military ????

 

[macguy]

Apparently there is no limit -- up to the amount of my homeowner policy's coverage. The cue is high end, but it is not that high end

Lou Figueroa
it would be
a Gina

You may have to be more specific with your agent; she may have just said it was covered assuming it would not exceed your limit. I doubt it is unlimited. My home owners policy covers contents of the house up to $300,000. I don't think that same limit would apply o my car contents. I had a money bag stolen from my car with $3500.00 in it and my insurance only covered cash up to $150.00. You have to read your policy and speak to your agent.

 

[KRJ]

Hmnmm

Apparently there is no limit -- up to the amount of my homeowner policy's coverage. The cue is high end, but it is not that high end

Lou Figueroa
it would be
a Gina

Depends on the type of HO policy, depends on the company it is purchased from, etc. But make no mistake, there are certain limits on collectables in most insurance policies. Now, if you have cues worth under $2500, you are most likely OK. Anything more than that you better call your agent and ask about a floater/rider/endorsement to make sure they are covered not only when you travel, but if your house burns down or is broken into.

Better safe than sorry. And no, don't take your agents "word" over a phone call. Put it in an email, because three years down the road, and you have a loss, your agent is gonna say I never said anything about pool cues being covered..... but if you have it in writing that your pool cues are covered, then you can file a claim against his E&O policy (errors and omissions) that all agents carry in case they make "mistakes" and mistakes they do make sometimes....

WHy take a chance if you are a cue collector or have several very valuable cues. Heck, for extra hundo a year, you can buy a pretty good endorsement to your policy to cover a large amount of extra property....