Insuring Your Magic Cards: Everything You Need to Know

Whether you’re a casual player or a seasoned pro, you’ve likely invested time, money, and a whole lot of energy into building your magic card collection. And while it’s true that collecting these cards can be a fun and rewarding experience, it’s also important to think about protecting the value of your collection. After all, the last thing you want is to lose everything you’ve worked so hard to acquire.

If you’re wondering how to protect your magic cards, collectibles, and other valuable items, you may have heard about MTG insurance. But what is MTG insurance, and is it really worth the cost? In this blog post, we’ll dive into everything you need to know about protecting your magic card collection with insurance, including the types of insurance available, where to purchase it, and what you can expect from the process.

In addition to exploring the ins and outs of magic card insurance, we’ll also answer other common questions that often arise among collectors, such as whether or not common magic cards are worth investing in, whether magic cards increase in value over time, and how feasible it is to make a living buying and selling magic cards.

So whether you’re a beginner or an experienced collector, this comprehensive guide to magic card insurance is sure to provide valuable insights that can help protect your investment and give you greater peace of mind.

Insuring Magic Cards: What You Need to Know

As a Magic card collector, you know how valuable your cards can be. Whether you play the game or collect them for investment purposes, it’s important to protect your precious Magic cards. One way to do that is to insure them. In this section, we’ll discuss everything you need to know about insuring your Magic cards.

Why Insure Your Magic Cards

Magic cards are a significant investment, and it’s essential to protect them from risks like theft, damage, or loss. Insuring your cards ensures that you’ll get reimbursed if something unexpected happens, and you won’t suffer any financial loss. It also provides peace of mind, knowing that you can replace your Magic cards in case of any unfortunate events.

What Does Magic Card Insurance Cover

Most insurance companies cover Magic cards under their homeowners’ or renters’ policies. The coverage may vary depending on the policy, but it usually covers theft, damage, and loss. It’s important to read the policy’s fine print to understand what exactly is covered and what is excluded.

In some cases, you may need to purchase additional insurance coverage or a separate policy for your Magic cards. Be sure to check with your insurance provider to see what options are available and which one works best for you.

How to Value Your Magic Cards

Valuing your Magic cards is an essential step in insuring them. You need to have an accurate value of your collection to ensure that you have the proper insurance coverage. Valuing Magic cards can be challenging, but there are several ways to determine the value, such as using online price guides, checking recent sales and auctions, or consulting with a Magic card appraiser.

Documenting Your Magic Cards

Before you insure your Magic cards, you need to make sure you have documented your collection. Take photos or videos of your cards and keep a record of their condition and value. This documentation will be important if you need to make a claim.

Finding the Right Insurance Provider

When shopping for Magic card insurance, it’s crucial to find the right insurance provider. Look for providers that have experience insuring collectibles and have a good reputation in the industry. Compare quotes from different providers and read reviews from other Magic card collectors to find the best insurance for your needs.

In conclusion, insuring your Magic cards is a smart investment that provides peace of mind and protects your collection from risks like theft, damage, or loss. Make sure you accurately value and document your cards, find the right insurance provider, and read the policy’s fine print to understand the coverage you are getting. With the right insurance policy, you can enjoy your Magic card collection without any worries.

What is MTG Insurance

If you’re a Magic: The Gathering (MTG) enthusiast, you might be wondering what MTG insurance is and if it’s worth having. Well, MTG insurance is a type of insurance policy that provides coverage for damages, thefts, or losses of your MTG collection.

How Does MTG Insurance Work

When you purchase an MTG insurance policy, the insurer will ask you to provide a list of the cards you want to insure and their respective values. The insurer will then use this information to calculate your premium, which will generally be a small percentage of the total value of your collection.

In the event that your cards are lost, stolen, or damaged, you can file a claim with your insurance company. The insurer will then investigate the claim and reimburse you for the amount specified in your policy. Depending on the insurer, you may have the option of receiving a cash payout or having your cards replaced.

Why Should You Consider MTG Insurance

If you have a valuable MTG collection, buying an insurance policy can offer peace of mind. MTG cards can be expensive, and replacement or repair costs can quickly add up. MTG insurance can help protect your investment in case the worst happens.

Another benefit of MTG insurance is that it can cover more than just theft or damage. Some policies also cover accidental loss or natural disasters. Additionally, many policies offer worldwide coverage, which means your MTG cards are protected no matter where you go.

How to Choose an MTG Insurance Policy

When choosing an MTG insurance policy, it’s important to consider your needs and the value of your collection. Some insurers specialize in MTG cards and may offer more comprehensive coverage than general insurers.

It’s also a good idea to compare different policies and their premiums, deductibles, and coverage limits. Make sure to read the terms and conditions of each policy carefully to ensure that you understand your coverage and any exclusions that may apply.

In conclusion, MTG insurance can be a valuable investment for any serious MTG collector. By protecting your cards against loss, theft, or damage, you can enjoy your collection with peace of mind. Just be sure to do your research and choose a policy that fits your needs and budget.

Insurance for Collectibles

As a collector, you’ve probably spent years, if not decades, building your treasure trove of rare and valuable items. Maybe you have a collection of postage stamps, vintage car models or, in this case, magic cards. In all likelihood, you’ve invested a considerable amount of time and money curating your collection, which makes the idea of it being stolen or damaged all the more unnerving. Fortunately, there’s a way to protect your beloved collection from the unexpected: insurance.

Why Insure Your Collectibles

When people think of insurance, they often consider it for more mundane things such as their car or home. However, insuring your collectibles is just as important. While you may think that you can’t put a price on your collection, insurance companies often have different thoughts on the matter, and for a good reason. When you take out insurance, you’re covered if anything happens to your collection. This includes damage caused by fire, natural disasters or theft. It’s always better to be safe than sorry, and insurance can bring you much-needed peace of mind.

Determining the Value of Your Collection

Before you take out insurance, you’ll need to know the value of your collection. But how do you determine this? One option is to hire an appraiser to evaluate your collection and assign a value based on its rarity and condition. Alternatively, you can use online resources such as auction sites or collector’s forums to get an idea of what your items are worth. Whichever method you choose, make sure you keep accurate records of your collection and its value to ensure that you can get the coverage you need.

insuring magic cards

Finding the Right Insurance Policy

Not all insurance policies are created equal. This is especially true when it comes to collectibles. There are policies specifically designed to cover collectibles, such as magic cards, stamps or vintage cars. Insuring your collectibles under a standard homeowner’s insurance policy may leave you underinsured or uninsured completely. Take your time and do your research before settling on a policy. Make sure that you understand what’s covered and what’s not.

Collecting is a passion that brings joy to many people. Protecting your collection with insurance is a smart move that can alleviate some of the stress and worry that comes with being a collector. By taking the time to understand the value of your collection and finding the right insurance policy, you can rest easy knowing that you’re covered if the unexpected happens. So, what are you waiting for? Get your collection insured today!

American Collectors Insurance

If you’re an avid collector of magic cards in America, you may want to consider getting an insurance policy for your collection. One well-known insurance provider is American Collectors Insurance (ACI).

What Is American Collectors Insurance

ACI is an insurance company that specializes in offering bespoke coverage policies for collectors. The company has been around since 1976, making it one of the oldest and most established providers in the niche. They offer policies that cover all sorts of collections, from cars and motorcycles to stamps, coins, and, of course, magic cards.

ACI is based in New Jersey but serves customers across the country. They take pride in offering policies that are tailored to the unique needs of collectors rather than forcing them to fit into a pre-existing template.

Why Choose American Collectors Insurance

One of the primary advantages of choosing ACI as your insurer is their expertise. They have been in the business for over 40 years, which means they have seen and dealt with just about every scenario you can think of. They understand the importance of preserving and protecting the value of a collection, and their policies are designed to do just that.

Another benefit of using ACI is the range of optional extras they offer. For example, their policies can include things like coverage for damage sustained during shipping, restoration costs, and loss of value due to market fluctuations.

How to Get a Quote from American Collectors Insurance

insuring magic cards

To get a quote from ACI, you’ll need to provide some basic information about your collection, including its estimated value, the types of cards you have, your storage procedure, and your location. Once they have this information, they’ll be able to provide you with a detailed breakdown of the costs involved and the coverage you can expect.

In summary, American Collectors Insurance is an excellent option for magic card collectors in the United States. Their policies are tailored to this specific niche, and they have decades of experience dealing with collectors of all kinds. If you’re serious about protecting the value of your collection, it’s well worth considering.

How to Protect Magic Cards

If you’re serious about collecting Magic cards, you need to do everything in your power to protect them. These cards can be worth a lot of money, and even if they’re not, they hold sentimental value. Here are some tips on how you can protect Magic cards:


One of the most basic ways to protect your Magic cards is to sleeve them. Sleeving your cards not only makes them look nicer, but it also protects them from wear and tear, as well as from liquids. There are many different kinds of sleeves available, so pick one that fits your needs.


insuring magic cards

Another way to protect your Magic cards is to store them in a binder. A binder not only makes it easy to organize your cards, but it also keeps them safe from being bent or torn. Make sure to use binder pages that are acid-free and have pockets that fit your cards snugly.

Deck Boxes

If you’re someone who likes to play with your Magic cards, you need a deck box. A deck box will keep your cards organized and protected while you’re playing. Make sure to get a deck box that fits your sleeved cards snugly, and that has a secure closing mechanism.


If you have a large collection of Magic cards, you need to think about long-term storage. Storing your cards in a damp or humid environment can cause them to warp or yellow over time. Make sure to store your cards in a dry, cool place, away from sunlight.


Finally, one of the most important things you can do to protect your Magic cards is to handle them with care. Avoid touching your cards with dirty or oily fingers, and don’t eat or drink around them. If you’re shuffling or handling your cards, do it with clean hands on a clean surface.

Overall, protecting your Magic cards is all about being careful and using the right tools. With these tips, you can ensure that your cards stay in great condition for years to come.

Common Magic Cards: Are They Worth Anything

If you’re new to the world of Magic: The Gathering, you might be wondering if the common cards are worth anything. After all, they don’t have that shiny foil or fancy artwork that the rarer cards do. However, don’t be so quick to dismiss them just yet. You might be surprised to find that some common cards can be valuable in their own right. Here’s what you need to know:

What Are Common Magic Cards

Before we dive into whether common cards are worth anything, let’s define what they are. In Magic: The Gathering, common cards are the most basic and easily obtainable cards in the game. They’re printed the most and are the easiest to find in booster packs or in bulk from card shops.

Why Are Some Common Magic Cards Valuable

Believe it or not, some common cards can be worth quite a bit of money. This is usually because of their usefulness in gameplay. For example, a common card that can counter a popular and powerful card in the game will be highly sought after. It’s all about supply and demand. If a common card is useful and in high demand, its value will naturally go up.

How Can You Tell If Your Common Magic Cards Are Valuable

The easiest way to tell if a common card is valuable is to do a quick search online. There are several websites that list the current prices for Magic: The Gathering cards, and you can search by name or set to find out how much your cards are worth. Be aware that the price of a card can fluctuate based on supply and demand, so what’s valuable today might not be worth as much tomorrow.

While common Magic: The Gathering cards may not have the prestige of rarer cards, they can still hold value in their own right. To determine if your common cards are valuable, do a quick online search and keep an eye on the market. Who knows? You might have a hidden gem in your collection that’s just waiting to be discovered.

Do Magic Cards Increase in Value Over Time

Are you interested in the value of your magical card collection and wondering if they’ll appreciate over time? The answer is not a straightforward one, but there are some factors to consider.


The rarer a magic card is, the more likely its value will increase over time. Of course, this doesn’t apply to all rare cards, but some can skyrocket in value if they become particularly popular. Some examples of rare cards that have increased in value over time include Black Lotus, Mox Sapphire, and Time Walk.


The demand for a particular card can also influence its value. If a card is beloved among players or featured in high-level competitive play, its price can shoot up and make it a valuable piece of your collection. Cards like the Underground Sea, Tarmogoyf, and the Jace, the Mind Sculptor are examples of cards whose demand has made them valuable.


The condition of a card is crucial when determining its value. If a card is mint, it’s more likely to fetch a higher price than one with some wear and tear. A card’s condition is especially important for rarer, more valuable cards. A card that is graded and in mint condition can often sell for a lot more than one that is in poor condition.

insuring magic cards

Card Type

The type of card can also impact its value. Some cards, like lands or artifacts, are essential in most decks and often retain their value or even appreciate over time. Other types, like creature cards, can be more niche and may only be valuable in specific decks or strategies.

In conclusion, the value of a magic card is determined by a variety of factors, including rarity, demand, condition, and card type. While it’s not a foolproof strategy, purchasing rare and popular cards in mint condition can give you the best chance of seeing an increase in value over time. However, it’s important to remember that the market for magic cards can be fickle, so it’s impossible to predict with complete accuracy which cards will appreciate. Whatever the outcome, investing in magic cards can be a fun and lucrative hobby.

Can You Make a Living Buying and Selling Magic Cards

If you’re an avid Magic: The Gathering collector, you might wonder whether it’s possible to turn your hobby into a career. After all, there are people out there who make a living buying and selling Magic cards, so why not you? While it’s certainly possible to make a profit in the Magic card market, it’s important to approach it with realistic expectations and a solid understanding of the market.

Understanding the Magic Card Market

Before you quit your day job to become a Magic card trader, it’s essential to have a good grasp of the market. Simply put, Magic cards are only worth as much as someone is willing to pay for them. Unlike stocks or other investments, there’s no guarantee that the value of your cards will keep rising.

As with any market, supply and demand play a large role in determining card prices. New cards that are powerful in the current meta will fetch a high price, but their values can plummet quickly if they’re banned or if the meta shifts. On the other hand, older cards that are no longer in print and are highly sought after will usually command a high price.

Building a Customer Base

To be successful in the Magic card market, you need to have a large and loyal customer base. That means networking, attending events, and building relationships with other collectors and traders. Social media can also be a powerful tool for drumming up business and spreading the word about your collection.

When it comes to actually selling your cards, there are a variety of platforms you can use. Online marketplaces like eBay and TCGplayer are popular options, but be prepared to deal with fees, shipping costs, and potentially difficult customers. Alternatively, you can sell your cards in person at conventions or local game stores, which allows for more face-to-face interactions with potential buyers.

Is It Worth It

So, can you actually make a living buying and selling Magic cards? The answer is…maybe. Some people do manage to turn a profit and make a full-time living in the Magic card market, but it’s a difficult and unpredictable path. If you’re passionate about Magic and have a solid understanding of the market, then it might be worth pursuing. But for most people, Magic is best left as a hobby rather than a career.

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