Insurance for system


I have been trying to get theft coverage for my system without success. Between the electronics, cables and add ons I probably have around $100K invested in it. My broker suggested that she might be able to get coverage for some of the gear but not all of it. I know that there are specialty carriers for collectible cars but is anyone aware of insurers who specialize in coverage for what most carriers would consider luxury goods?

128x128lwin

…..very good point on noting that you own vintage equipment as that is a whole different animal and coverage as well as the company that insures such items.

 

I insure my collection in a separate policy my primary insurance broker shops for me. Every couple years we move around, but obtaining insurance has not been a problem. It is a policy similar to what would be used to cover fine art. 

@whart 

I'm in love with your room and system it's awesome. So many records. the length of the rug so perfect for the room. Such pretty speakers.

But it sounds really lovely there.

FPL has an insurance for electronics. It costs I believe less than $12 a month in case of lightning damages and such. Last month, we had a power surge that killed my five year old AVP.  They gave me what I paid for it new. I was expecting a replacement value. Needless to say I was very happy. 

@emergingsoul -thanks for the compliment. This system had its beginnings in around 2006 and has evolved over the years. (There were several previous systems going back to 1970).  Having moved to Texas, I am in a larger room and that, along with some changes (cartridge, better turntable isolation and more, bigger subs) made a considerable difference. It is, to paraphrase someone who was here yesterday to listen, "a system to enjoy rather than to analyze the music."  I'm quite happy with it. That rug has been with us in several houses- it is huge, and it not completely unrolled at one end-- it is simply too long for the room. But, I like it, partly because it is old, very fine, though it is somewhat threadbare in spots.

I did have an opportunity to have my 1975 system restored (for some reason I kept most of that gear although many other pieces over the years got traded or sold).  That system resides in our front parlor-- not quite as big or dramatic, but it uses old Quads I bought in 1974 which were restored, along with a pair of Quad II amps from around 1961, a McI MX110z and an SP-10 table that I bought new in 1973. It's surprisingly good for what it is--a somewhat bandwidth limited system with an almost eerie ability to portray the midrange with a "see-through" quality.