They are covered, but you will not get replacement value, you will get far far less, especially for games that are not currently being made, which is like 98% of them.

If you are truly concerned about them, you need to schedule them, its not that much. I have all my games scheduled and covered separately from my home insurance policy. They required that I gave them a copy of the Mr. Pinball 2016 pricing guide, so that the underwriters could have something to base true market value off of.

Here is what to ask your insurance agent, let's say you have an awesome shape, HUO twilight zone worth roughly 6500-7000 in value. Ask them if that machine gets destroyed or stolen, will you be able to claim that full 7k and get it without hassle under your current home owners policy? I bet you find the general answer is no for that specific scenario.

It is both.

Sure, and this one is simple, those style of TVs are still being made. It is easily replaced by a current model, and you are nice and happy.

The answer I was given for general coverage, is that if something happens to my Big Bang Bar, worth 15k, they will look to currently being made machines to try and replace it. I will not get anywhere close to 15k, not gonna happen, unless its scheduled, and its value is documented for the underwriters.

As just an FYI for costs, it costs me about 700 a year to schedule a collection valued around 100k, which is right around that 0.7% value stated in a post above . Because each machine is individually scheduled with actual market verification (mr. pinball price guide), I will get full market value for each one if anything happens to them.

In addition, a nice benefit of this scheduled coverage, is they are now covered if they break and need fixing. Obviously a small fix like a coil or something wont be worth it, but if something were to happen and say smoke all the boards in the backbox, you could run that cost through the insurance and be covered instead of it coming out of pocket.

Nice! I'm gonna call my agent and see if I can do something similar and get a little better deal, thanks for the info.