high end audio insurance?


I am looking to see if anybody knows where to find insurance to cover high $$ audio eq. The home owners policys do not cover what we have tied up in our eq.I am looking for theft coverage and maybe powerline damage or lightning strike damage any ideas from you audiogoners would be helpfull. What do you do to cover that big $ system you have thanks Marc P/S is coverage available for our records and cd's ?
lake513

Showing 2 responses by tthomas

Having been on the adjusting side of things for a number of years, I was never out to cheat anybody, only to pay what was owed. That having been said, I can't speak for other companies but policies with replacement clauses were exactly that. If I was trying to adjust Albert's SoundLAB U-1s and I was unable to locate a pair on the used market for comparison, I would be calling SoundLAB direct and trying to cut a deal for a new pair. But I would be making sure that he would be able to replace those speakers (less deductible) Most adjusters that I know aren't out to rip anybody, I however can not say that about the people submitting claims. I think the best thing anybody can do is to video tape your entire house. This allows you to not only have a record but to describe the items as well. Obviously, if you have items that are one of a kind or collector items, get a professional appraisal, and two are better. Every time I got a claim with an appraisal, I simply verified the appraisal and cut the draft.
Fortunately, I do not do homeowner claims any longer.
Newbee, You may be right. Having spent a fair amount of time in the litigation end, (only as adjuster/investigator for defense attorneys)and having spent the majority of my time doing liability/injury claims for both homeowners and auto I probably dealt with a lot of the worst offenders. By the way our won/lost record on those cases that went the distance was about 95% in our favor. People making property only claims usually just want to be compensated for what is owed them. I also reviewed problem files for other adjusters. All the same I think everybody should do photo documentation. By the way I recently left the business to pursue other avenues.