Girish,
It will depend on your policy if you have current value or replacement. In other words, your policy will likely dictate what's what. If you got your gear from a local HiFi shop, I suggest contacting them. They can provide the certified letter you'll need on model and purchase value, etc. and what replacement would cost.
Just do some homework on the specifics of the policy and go from there.
It will depend on your policy if you have current value or replacement. In other words, your policy will likely dictate what's what. If you got your gear from a local HiFi shop, I suggest contacting them. They can provide the certified letter you'll need on model and purchase value, etc. and what replacement would cost.
Just do some homework on the specifics of the policy and go from there.