# Should You Insure Your Labubu? A Practical Guide to Protecting Your Collectibles

> Source: https://www.coveragecat.com/insurance-types/home/labubu-insurance-guide-to-collectible-coverage
> Description: Similar to past collectible booms such as Beanie Babies or comic books, the prospective value of Labubu collections has driven some consumers to consider specialized insurance coverage. Collections may not be worth insuring, and you may already have the right coverage for your collectibles.
> Updated: 2026-08-13

## Short Answer

It depends on the value of your collection. For larger Labubu collections worth more than $5,000 to $10,000, specialized collectibles insurance is worthwhile, typically costing around 1 to 2 percent of the collection's total value annually with a $0 deductible. For smaller collections worth only a few hundred dollars, standard homeowners or renters insurance likely provides sufficient coverage, and filing minor claims could cause more trouble than the payout is worth. Practical alternatives like secure storage or a self-funded replacement fund may be more appropriate for casual collectors.

## **What Is a Labubu?**

**Labubu** are whimsical, elf-like plush and vinyl figures originally designed by HK artist Kasing Lung. Debuting in a Nordic-mythology-inspired book series in 2015, they gained global fame after Pop Mart began selling them in 2019 through "blind-box" formats. ([m.economictimes.com](https://m.economictimes.com/news/international/global-trends/what-is-a-labubu-and-why-has-the-7000-bug-eyed-chinese-toy-fuelled-so-much-hype/articleshow/121617923.cms?)).

The Labubu mix of cute-yet-strange design, bold streetwear collabs, and celebrity endorsements (Blackpink's Lisa, Rihanna, Dua Lipa, even Beckham) has driven secondary market prices to record highs ([m.economictimes.com](https://m.economictimes.com/news/international/global-trends/what-is-a-labubu-and-why-has-the-7000-bug-eyed-chinese-toy-fuelled-so-much-hype/articleshow/121617923.cms?)).

## **Real-Life Record Resales**

* **Human-sized figure (131 cm)**: sold for approximately **$170,000** at Beijing's Yongle International Auction in June 2025, the first auction entirely for Labubu figures ([(Antique Trader, "From a Blind Box to Big Bucks as a Human-Sized Labubu Figure Sells for $150K", 2026)](https://www.antiquetrader.com/from-a-blind-box-to-big-bucks-as-a-human-sized-labubu-figure-sells-for-150k)).
* **Rare mega vinyl 1000% edition**: resold for **$38,000** ([vertu.com](https://vertu.com/lifestyle/what-is-the-most-expensive-labubu-top-5-figures-2025/?srsltid=AfmBOoplVa3y8YEesYNLEI8ex9MxNmX31NDaD33iyZy04FLBaEbu6JVs&)).
* **"Hip-Hop Girl" edition**: fetched **$22,500** ([vertu.com](https://vertu.com/lifestyle/what-is-the-most-expensive-labubu-top-5-figures-2025/?srsltid=AfmBOoplVa3y8YEesYNLEI8ex9MxNmX31NDaD33iyZy04FLBaEbu6JVs&)).
* **"Time to Chill" edition**: sold around **$14,800** ([vertu.com](https://vertu.com/lifestyle/what-is-the-most-expensive-labubu-top-5-figures-2025/?srsltid=AfmBOoplVa3y8YEesYNLEI8ex9MxNmX31NDaD33iyZy04FLBaEbu6JVs&)).
* Other rare blind-box Labubus have sold between **$3,000–7,000**, with some topping out near **$9,500** ([thedailybeast.com](https://www.thedailybeast.com/obsessed/labubu-craze-the-5-wildest-scandals-about-the-hot-new-toy/?)).

Even niche editions—like the "Vans Old Skool" Labubu now sell for **$10,500–$10,600** in 2026 resale markets ([(Athlon Sports, "Top 10 Rare Labubu Figures and Their Values in 2026", 2026)](https://athlonsports.com/collectibles/top-10-rare-labubu-figures-values-2026)).

### Should you get insurance for your Labubu?

Similar to past collectible booms such as Beanie Babies or comic books, the prospective value of their collection has driven some consumers to consider specialized insurance coverage. Recent surveys reveal a surprising trend: [approximately one in three Millennials or Gen Z collectors are now looking into insurance specifically to protect their beloved Labubus during travel or at home. ](https://nypost.com/2025/06/05/lifestyle/labubu-owners-are-considering-insuring-their-coveted-plushies-to-protect-toys-from-theft/)
But is "Labubu insurance" an actual product? Technically, no. What collectors are seeking is standard collectibles insurance tailored to these increasingly valuable plush toys, some of which are reselling for upwards of $1,000 online. 

### When should you insure your collections?

#### Large Collections: Yes, It's Worth It

If your Labubu collection, or any valuable collection, is substantial and worth more than a few thousand dollars, specialized insurance becomes genuinely worthwhile. Collectibles insurance typically costs around 1-2% of the collection's total value annually, often with the convenience of a $0 deductible. 

#### Smaller Collections: Maybe Not Worth the Hassle

Collectors with smaller collections worth a few hundred dollars, may not need a dedicated insurance policy as existing policies may provide sufficient coverage. 

### Existing Protection: Home, Auto, and Travel Insurance

#### Homeowners and Renters Insurance

Most standard [homeowners and renters policies](https://www.coveragecat.com/blog/typical-cost-of-homeowner-insurance) do cover collectibles, but typically have notable limitations:

* **Coverage Limits:** Usually capped at $2,500 total for art and collectibles, with individual item limits often as low as $500-1,000, although your insurer may offer the option to purchase higher limits.
* **Valuation Issues:** Home insurance typically reimburses the actual cash value, not the collectible's market value, meaning it might significantly undervalue your collection compared to specialized collectibles insurance, which offers "agreed value" coverage
* Your homeowner's or renter's insurance policy likely has a deductible ranging from $500 to $1,000.
* Your Labubu collection might only be worth around $300-400.
* Filing minor claims could result in increased premiums, policy non-renewal, or other complications.

In these cases, insurance might end up causing more trouble than it's worth. Instead, collectors may choose practical alternatives like investing in secure storage or simply setting aside a small emergency fund for replacement. .

#### Auto Insurance

Auto insurance's comprehensive coverage may offer limited protection if your Labubu is stolen from your vehicle, subject to your policy's deductible. However, comprehensive auto policies often impose restrictions or caps on claims for collectible items. To ensure adequate protection, collectors should verify specific policy limits and consider supplemental collectibles insurance for full coverage during transit or while stored in vehicles. 

#### Travel Insurance

Travel insurance can sometimes be a viable option for Labubu collectors, particularly during trips abroad where theft risk could be higher. It's not uncommon for collectors traveling internationally to invest in travel insurance policies ($150-$200) covering personal belongings, including collectibles, providing peace of mind while exploring new destinations. 

### Documentation: Essential But Often Overlooked

If you opt for formal collectibles insurance, documentation is critical. Insurers typically require:

* Detailed purchase receipts
* High-quality photographs showing the condition of each collectible item 
* Comprehensive inventory lists with thorough descriptions
* Professional appraisals for high-value items (often items valued above $25,000 to $50,000)

This documentation process can be daunting for casual collectors, and a lack of adequate documentation can complicate claims significantly

### Practical Alternatives: Security and Self-Insurance

Many collectors prefer more straightforward, practical methods of protecting their collections:

* **Physical Security Measures:** Protective display cases, secure storage boxes, locking mechanisms, or even installing small security systems in homes or vehicles.
* **Self-Insurance:** Setting aside what you'd pay annually in premiums into a "replacement fund," ensuring funds are available immediately if something happens.

### When Specialized Collectibles Insurance is the Right Move

Formal insurance may be the best option when: 

* Your Labubu collection's value exceeds $5,000-$10,000.
* You own rare or irreplaceable items.
* Your collection represents a significant financial investment.
* You regularly transport valuable items, especially internationally.
* You already have comprehensive documentation readily available.

Specialized collectibles insurance frequently offers advantages like global coverage, protection during transit, and automatic short-term coverage for new acquisitions. These policies also often provide agreed-value coverage, ensuring that your payout matches the collectible's true market value rather than depreciated cash value. 

### **Suggested Next Steps**

1. **Inventory and Value** all significant Labubus with photos and proof.
2. **Shop policies** that offer per-item scheduling and agreed-value pricing.
3. **Confirm transit coverage**, including for blind-boxes and new purchases.
4. **Compare costs and benefits**: if a $38k mega Labubu is part of your collection, verify it's properly covered—underinsuring could mean major loss.

**Ultimately, remember this: insurance aims to protect against financial losses you genuinely can't afford.** If losing your Labubu collection would cause disappointment but not financial distress, consider enhancing security measures or maintaining a replacement fund instead.

Enjoy collecting your Labubus, just make sure you're realistic about the financial and emotional value they hold for you. 

*Always consult with your insurance agent about your specific situation and coverage needs. This information is for educational purposes and doesn't constitute insurance advice.*