Simply get a "Rider" as mentioned earlier for any item you have of special worth--only insure it for the replacement cost--NOT the appraised value--the insurance company will try first to replace the item with one of their "many" contacts, or just pay replacement value. Most policies have a normal $5000 max on electronics & jewelry. You must detail & "Rider" everything else above normal policy limits. If your INS company does not do this---change quickly.
Separate Insurance Policy - LP's, Memorabilia, Etc
Afternoon All,
I was recently informed by my homeowners insurance company that not a single LP, poster, etc. I own is covered under personal property replacement.
They suggested Lloyd's Of London, which is a little ridiculous, since I'm not a store or franchise.
Can anyone out there make a recommendation for a place that's reasonable? I don't have a gigantic collection, but I certainly have enough where I need this stuff covered in case something happens.
Any help is greatly appreciated!
I was recently informed by my homeowners insurance company that not a single LP, poster, etc. I own is covered under personal property replacement.
They suggested Lloyd's Of London, which is a little ridiculous, since I'm not a store or franchise.
Can anyone out there make a recommendation for a place that's reasonable? I don't have a gigantic collection, but I certainly have enough where I need this stuff covered in case something happens.
Any help is greatly appreciated!