Insurance

All you need is a homeowners policy, preferably with replacement cost coverage. I'm not aware of any company requiring a special rider to cover audio equipment, but best to ask your agent. Do take photos and keep receipts for all your stuff. Insurance adjusters can be cynical about how much we say we paid for equipment when they are still driving a 10 year old Escort.

What Newbee said. Take pictures and document and of course inform you agent as to the cost of the system. Most people, including wives, have no idea what this stuff costs.

Chuck

guys most homeowners insurance only cover $1000 for electronics, you need to call your agent and have your policy upgraded they will ask you for reciepts and pictures, if you rent than you need to get renters insurance and do the same

If you ever need to file a claim, and you want fair value for whatever it is you will need all of the following.

1) Most important ensure that your "Contents" coverage will cover all of your belongings, including any exotic electronic gear.
2) Have some documentation as to what you purchased and from whom, and the price paid, Typically a photocopy of a receipt stored off site will do.
3) A photograph of the equiptment along with the factory carton and the owners manual will make this pretty much of an un-contested deal.

Most typical homeowners policies only cover you up to X thousands of dollars, and it is pretty much up to you to supply proof. If you are paying for replacement coverage they will replace your amplifier, but if you can not proove that you have the factory carton, then dont expect your insurer to buy you one.

Best wishes

Ed

A note of caution about "replacement value":

You want to make sure you BOTH read your policy AND confirm with your agent whether it is NEW replacement value OR current market value of your (now used) equipment.

1.) It should be for it's current NEW replacement value.

AND

2.) Double check what the company's policy is regarding "current model replacement" i.e. If your (lost/stolen) piece of equipment is no longer in production, will they replace it with the current equivalent model?

If both 1. and 2. are confirmed, it's still your responsibility to total the cost of your system at current retail value (and using the current equivalent model(s) msrp if/where applicable). Then add that total to, or include that figure in, the total value of your household "contents".

Adequate coverage costs more money than what you get in a "basic" policy. Make sure you don't under-insure.