We wanted general insurance coverage that would also include pinball machines and arcade games, so we checked out a few providers and chose Beneva. Here’s why:
Beneva: They include pinball machines and arcade games in their regular coverage, which suited our needs perfectly. We increased coverage for protection due to water damage in the basement through window, foundation crack, sewer backup, etc. most insurers will only pay a maximum of $10,000 if damages occur because of such events .
TD Insurance: They were unsure about covering pinball machines and never got back to us with a clear answer.
IA Financial Group (Industrial Alliance): They said they would cover our machines, but they classify them as "video games" with a maximum coverage of $6,000, no matter how many we own. This limit was too low for us (would only cover one game).
Intact Insurance: They offered coverage but required us to pay a premium. They also wanted to send someone to evaluate the machines before telling us how much the monthly increase would be.
So, check with your insurer. You may end up being able to replace that sofa and big screen TV, but will be out of luck with your game room.
