I have an HO5+ property insurance policy with a $2,500 deductible. I also have insured all my equipment (including non-destructable items such as power outlets and Stillpoints) under scheduled property, with no deductible for $137,000 (both audio rooms and two video rooms as well as unused audio equipment like Mac MC30s, Fisher 400&500 receiver,etc). The scheduled property allows any cause for the demise of the equipment to be covered but I would only use it for loss by fire, earthquake or theft. Otherwise, I feel I would be risking the policy, getting higher premiums for just ordinary repairs or accidents.