Does anyone have experience on claiming insurance on damaged posters?
I recently had my collection moved, and unfortunately there was some damage. It ranges from bent corners on individual posters, to crushed paper across piles of posters. I am now having to prepare an insurance claim.
My question is, is there any method for assessing "partial" damage? I am thinking that the grading of the posters has decreased, from e.g. VG to G or Near Mint to VG for instance. Could I use a "multiplier" on the original value to calculate the loss? Say that a $1000 poster was Very Good and got bent corners, I would now class it VG - should I claim half the value, or 75%, or what?
Any guidance appreciated!