Insurance - your experiences


I often look at my system and LP collection and think ’Although I have been told my equipment and vinyl are covered for fire, theft, and accident, I would hate to put it to the test,’Have you detailed equipment, CD’s, and vinyl to your insurer and have an agreed value?
Anyone have experience of claiming? What difficulty have you overcome with equipment classed as too ’old to insure’ - as is my 1984 Linn Sondek. Or even rare vinyl?Let me know your experiences.
128x128surferandy

Showing 1 response by mcondo

Ex claims guy here. Your equipment and vinyl should be covered (up to your policy limits) under a "normal" HO policy (SF, Allstate, Geico,etc). In case of a covered loss Replacement cost comments are correct but you will need to "help" the adjuster by providing receipts (if any) pics of equipment, LP's etc. Also where to find replacement costs for the more esoteric items (Used vinyl sites, Audiogon, etc.) Audio and LP claims are not that unusual so most experienced adjusters will have some experience with such claims. 

If you do not have a normal HO policy from a major insurer I would definitely contact your agent and go over your policy and any limitations, exclusions.