WAX COLLECT

When you’ve spent years—or decades—building a collection, whether it’s vintage watches, rare cars, fine art, or bespoke jewelry, the last thing you want is to leave it vulnerable. The right insurance isn’t just about protection; it’s about peace of mind. And if you’re deep in the collecting world, you know how hard it is to find a provider who actually gets it.

Enter WAX Collect—a digital agency that’s rethinking the way collectors protect their passions. This isn’t a paid endorsement. It’s an honest look at an agency that seems to be doing something right in an industry often filled with frustration, missteps, and outright apathy toward luxury assets.

I’ve seen a lot of insurance products in my time. Most are generic. Some are just plain bad. Specialty insurance for collectors is a niche market with only a handful of players—and even fewer who seem to truly understand the needs of high-net-worth individuals and serious collectors. WAX Collect stands out, and here’s why.

Collectors are rarely single-minded. A person with a love for vintage watches is just as likely to own a classic car, a couple of rare handbags, or even an art piece that caught their eye at a Christie’s auction. What makes WAX Collect unique is their ability to cover all these categories.

• No Silos: Most insurance providers segment their products. Cars? Go here. Watches? Over there. Art? Maybe. WAX Collect approaches collections holistically, understanding that most collectors aren’t confined to one niche.
• Convenience for Multi-Category Collectors: Instead of juggling policies with different providers, you get a single agency that can handle the complexities of your diverse collection.

Insurance isn’t one-size-fits-all, and no carrier is perfect. One might excel in insuring fine art but fall flat when it comes to jewelry. Another might be great in New York but balk at taking on California wildfire exposure. This is where WAX Collect shines—they have access to multiple high-net-worth carriers, including CHUBB, PURE, Hagerty, American Modern, and even Lloyds of London.

• Why This Matters: If one carrier doesn’t fit your needs, WAX Collect can shop around for others. This flexibility is invaluable because no one wants to hear “no” when trying to insure something they care deeply about.
• A Mix-and-Match Approach: Sometimes, it makes sense to go with a single carrier. Other times, diversifying across carriers is smarter—like insuring your collector cars with Hagerty, your watches with PURE, and your yacht with Lloyds. WAX can figure this out for you, saving you time and headaches.

Here’s the thing: insuring luxury assets isn’t like insuring a minivan or a starter home. It requires an intimate understanding of value. And I don’t just mean what’s on the invoice. Real value in the world of collectibles is about market trends, rarity, and emotional significance.

• Real Market Value vs. Invoiced Value: Many insurers will lowball your policy because they don’t understand the difference. WAX Collect doesn’t make that mistake. They know that a vintage Rolex Daytona isn’t just a watch; it’s an appreciating asset with a story.
• Advocacy, Not Manipulation: This is key. Some carriers tweak coverage based on what’s good for their bottom line. WAX Collect, as an independent broker, works for you, not the carrier. They advocate for what’s best for your collection—even if it means recommending another option.

In a world dominated by chatbots and automated systems, WAX Collect offers something rare: a human touch. If your collection is significant enough, they’ll assign you a real person to walk you through your policy, answer your questions, and advocate for you.

• The Value of a Real Conversation: When your assets are worth millions, the last thing you want is to be stuck navigating an app or waiting on hold. WAX gets that.

This part is just smart. WAX Collect offers a digital collection management tool that lets you catalog your items in one place. It’s not a game-changer, but it’s certainly a nice touch—especially for those of us who’ve stared at our collections and thought, “I should really get this organized.”

I’ve been in this game long enough to know when something’s worth recommending. WAX Collect isn’t perfect—no agency is. But their approach to luxury insurance makes sense, especially for serious collectors who want someone in their corner.

I’ve dealt with carriers who don’t understand the emotional and financial value of a collection. I’ve had to haggle, educate, and sometimes walk away frustrated. WAX Collect seems to cut through the noise. They’re knowledgeable, flexible, and professional, which are qualities that are shockingly rare in this industry.

Hopefully they can keep it up in what will continue to be an increasingly competitive niche insurance segment.  They remind me of a young Hagerty on the rise, but with a wider focus on ALL collectors, not just cars.  I've written about Hagerty in the past, so I hopefully they learn from some of the mistakes they've made along the way.  

At the end of the day, insuring your collection isn’t just about protection; it’s about trust. Trust that your broker understands what you’re insuring, trust that they’ll advocate for you, and trust that when something goes wrong, you’re covered.

WAX Collect earns that trust by doing the work—offering flexibility, expertise, and advocacy in a market that desperately needs it. If you’re a collector, whether your treasures are worth $25K or $10M, they’re worth protecting. And WAX Collect seems to understand that better than most.

Sometimes, the best decision isn’t flashy or groundbreaking—it’s just smart.