Chapter Overview: How to Inventory Toys & Games for Insurance Purposes
Toys and games, especially high-end collectibles or specialized play items, can accumulate significant value over time. Properly inventorying these items ensures they are protected in case of damage, loss, or theft.
This chapter provides a high-level overview of how to inventory toys and games, focusing on the following categories:
Costumes
Common Contents:
Halloween costumes, dress-up sets, themed outfits for children, and cosplay items.
Accessories such as masks, wigs, capes, and props.
Relevance: Custom-made or high-quality costumes, especially for cosplay or collectors, can carry significant value. Proper documentation ensures they are protected under insurance policies.
Dolls & Stuffed Toys
Common Contents:
Dolls (Barbie, American Girl, collectible figurines) and stuffed animals (teddy bears, plush toys).
Accessories like doll clothing, dollhouses, and storage cases.
Relevance: Dolls, especially collectible editions or custom-made items, can appreciate in value. Stuffed toys with sentimental or collectible value should also be documented, especially if rare or antique.
Electronic Games
Common Contents:
Handheld gaming consoles (Nintendo Switch, Game Boys) and associated games.
Electronic toys such as interactive robots, remote-controlled cars, and learning devices.
Relevance: Electronic games and consoles are often high-value and prone to damage or theft. Tracking serial numbers and purchase information ensures proper coverage for replacement.
Gaming Sets
Common Contents:
Traditional board games, card games, chess sets, and specialty games (Dungeons & Dragons, Magic: The Gathering).
Collectible gaming sets or limited-edition versions of popular games.
Relevance: Gaming sets, especially limited editions or collectible versions, can carry significant value. Proper documentation ensures these are included in your insurance coverage.
Scooters & Tricycles
Common Contents:
Scooters, tricycles, balance bikes, and ride-on toys.
Helmets, knee pads, and other protective gear.
Relevance: While generally considered toys, scooters and tricycles can represent significant investments, especially for high-end or motorized versions. Proper documentation ensures they are included in home insurance policies.
TOYS
Common Contents:
Action figures, building sets (LEGO, K'NEX), remote-controlled vehicles, and toy trains.
Collectible toys such as Funko Pops, Hot Wheels cars, and rare action figures.
Relevance: General toys may accumulate value over time, especially rare or limited-edition pieces. Regularly updating your inventory ensures they are covered for their full replacement value.
Learn More
This chapter will explore each category in more detail, providing comprehensive guidance for accurate inventory management.