These people don ' t think . <| sep |> I ' m in Canada , and I actually work in the home insurance industry . For Saskatchewan in particular , most insurance policies hometenantcondo will cover your typical Lego that can be replaced up to your overall limit of insurance for contentspersonal property . If they ' re r a r eirreplaceablecollectible items , we advise to schedule the items onto your existing policy . Usually a description of the item and value is what we ' d need . Some times insurance companies require appraisals , however for this type of coverage , I ' m not sure that ' d be required or feasible . We advise to keep receiptsphotos in case of a loss , however our insurance companies rarely ask for it , unless it seemed like a bizarre set of circumstances e . g . they ' re questioning the existenceprice of the item . If items are not scheduled , most policies have a limit cap for the amount they ' d pay out . For example one company in my province only pays out $ 300 for collectible items . Others have a specific wording indicating they will only pay actual cash value in the event of a loss for collectible items , instead of replacement cost . I ' d contact your insurance companybroker to ask on current coverage being provide , premiums for scheduling , and what they ' d require for proof to schedule or in a loss . Best to know what you ' re covered for before something happens .