Beauty Insurance?

So I was doing a stocktake of my unopened bag (sack) of mostly skincare and out of curiosity did a very rough underestimate of it's value. It was over $700. I feel ill. That's so much money to me. I can't bring myself to do a full total with my opened stuff too because I'm still in denial about the depths of my depravity but I'm thinking maybe I should, you know, for insurance. Is that a thing? Does anyone have theirs listed on their contents insurance? I'd say aside from my car my beauty collection is easily my most expensive possession.

I agree on suming up how much your makeup is worth! Before I got rid of my nail polishes I would look at them and think oh em gee that is so much money.

I haven't got my collection on my contents insurance... but I do wonder how much I would actually replace if I had to.

Depending on how comprehensive your contents insurance is I don't think you would need to specify it for it to be covered. On ours we have to specifically name items worth over $1500 on their own so for a collective stash adding up to $700 I imagine you would be fine. It would be worth checking with your insurance company though.

I included an estimate of my beauty products when I worked out how much I needed for contents insurance. Like Melissa said, I didn't have to specify anything as none of my products are worth a huge amount, it's just the whole collection that I'm covered for. 

I'm not surprised that was scary, I wouldn't like to think about it!!

That reminds me i must get contents insurance thank you for the this post

$700 is just a conservative estimate of my back up skincare stash haha. Add to that nail polishes, perfumes, current skincare and my entire make up collection and it's definitely well over $1500. I think I will need to specify it when we update our policy.

That's legitimately horrifying to think about by the way lol.

I used to work for insurance and while there isn't a specific policy for our beauty collection, just add it on to your total sum insured. I believe collections over $2500 are to be specifically listed like jewellery for example but not necessarily beauty products. 

I never thought of including them in. I have contents insurance.

Currently in the industry, and the main thing I can say is read your policy booklet and schedule and even if you think you understand it call your company or broker and get them to explain it. They should speak plain, easy to understand english, like we do in the forum, and not confuse you with insurance terms. Some also have translators if english is not your first language.
Different companies also have different cover. Also check if your contents covers you inside the home and outside of the home, the expensive camera/phone goes out of the house on a regular basis so you want a cover that will cover it for when you drop it in a puddle walking down the street, and not just inside your home. One company is low priced what they don't tell you is that the cover is for home only and you need to pay extra to have cover outside of the home. Sorry completely off subject there.

Where I work make up, toiletries, clothes and footwear, will be done at market value not purchase value at claim time. It's a little different if your car gets broken into after you've just bought it and put it in there to continue shopping but if you have had it a while, open or not, you will find that it is done at market value, ie what you paid for it $85 is not what it is worth $25.
You may find it hard to specify it on you contents policy as it is used up not something like jewellery, dvds or a bike where the value/product doesn't change as much and collections aren't meant to be used like make up is.

I am to scared to work out how much my beauty stuff is worth, and honesty in denial about how much money i have spent on beauty in the last few months..eeek!!

Goodness knows how much my beauty products would be worth - its best not to add these things up I think haha....but I know when I did my contents you had to include all that sort of stuff...but the odds of ever really having to claim it would probably be quite rare unless your house burnt down or someone came and stole everything you own it probably wouldnt be worth it :)

Wow this is very interesting and I never thought of makeup like that, scary!! It sounds like you have an awesome skin care collection darlin :)

I am so interested in adding my makeup up, thats something to be worried about though, ekk

That's scary! I thought about it a couple of weeks ago as hubby brought a new tractor. I wanted to ask and thought they would laugh at me.

Ring ring, ring ring...."Farmer wifey here, I have a whole "beauty room" of makeup. Can you make sure that's on the farm insurance with the tractors and stuff please" .LOL

Considering I have been spending $200 to (guilty face inserted here) $600 a month (the $600 was my birthday month though so I can justify it) on beauty products over the last 8-10 months then the maths isn't hard to work out what is in my beauty room ok that includes bath/shampoo products but still I'm not going to think to hard about it or I'll have a breakdown. 

I would so be in my new house now if I could stop spending money!! but I can't I need all the pretty things.  Irresponsible yes, happy 100% yes!!!

I so wouldn't want to add mine up, especially eye palettes and perfume!

OMG I feel like I am lagging behind on the value hehe oh to have a makeup stock worth hundreds even thousands.  If I were to add up my haul now as it stands it would top out at $300 tops.  More shopping is needed I think :P

Lol I hope you added your iHerb order to that, Shana. I don't know how much mine would be, definitely less that $500 though!

I have never considered itemising beauty products to insure.  In fact, I have never thought about adding up the worth of beauty products in the house either (cringe)  :-)   I certainly have pieces of jewelery itemised within my insurance! 

Oh wow! I couldnt imagine adding it all up, so I wont!
Its great to see some members back, welcome back ladies xx

I wouldn't dare right now!

The unopened stuff in my stash? I'd put at $500 guesstimate, maybe another $500 with the currently opened stuff? Do you have to itemise on your contents insurance for it to be covered?

Just my Tom ford eyeshadows alone are nearly $500.... and I know I spent $1600 at mecca in the past 12 months, so I'm not going to think about it. I know I have specific items on my policy that are above the cap on what you can claim, but I haven't bothered with my makeup. 

i don't think they're'back' per se, this is a very old thread! Still a relevant topic though, I often wonder when I'm travelling what happens if you lose your whole makeup bag, ie enough that it would be worth paying an excess to make a claim. How do you prove what you had and how much was left? I guess this is where my mecca order history will come in useful ;)