Collection insurance, some UK collectors think, is optional either due to its steep price or the difficulty in getting them. One might change his mind based on the following. Collection insurance coverage is surprising comprehensive. Common items in art collections are covered, along with some uncommon ones, such as writing instruments. Also covered are protection from flooding, natural disasters, breakage, and theft. General appraisals are not required; you determine the value of your collection and the amount of insurance you think you need. It is only wise that you should keep an accurate inventory of items in case you have to submit documents in the case of damage or loss.