How to Insure your Barbie Dolls

Video Transcript

"One important part about Barbie doll collecting is that you have to have insurance most people forget about this. In fact if there is a fire or a storm or something happened and all of sudden your Barbie dolls are wiped out you'd loose a lot of money. So the best way to insure your Barbie dolls is check with your insurance policy your homeowners insurance policy and see if they have the ability to put a rider on that policy. If they do then you should insure that your Barbie dolls with a rider for the value of what they're worth base on what we went over in the book values. Where we we're looking them up where the market values you can determine for yourself how much your Barbie dolls you think they're going to be worth not only from the book but also from the market. Then you need to make that list and add it to your inventory tracking list and when you have that dollar amount listed then what you do is you go to your insurance company and show them that this is what your collection is worth. That will insure your Barbie dolls for you that way your protected and your Barbie's are protected as well."