Do you buy Insurance for Stereo Equipment?

We also use USAA homeowners insurance. We have our antiques and expensive items listed in a separate schedule with photos and receipts for each item. In the event of loss we will get the replacement value for those items. The rest of our household goods falls under the homeowners insuranace coverage we requested, which includes all forms of electronics, and my stereo, yeah. When we did the extra rider for the rare items, I kept asking about my electronics, and the representative always responded that my stereo was under the normal insurance up to the limit we are insuring.

I am satisifed with this policy. In addition, the mention of alarms, home security systems, video surveillance, friends Smith and Wesson, helps to reduce the fees.

Audioquest4life

USAA. An outstanding insurer, and OK - bank too.

Alarm systems and video surveillance all to good, but I'd think mentioning you have firearms for home security would bring suggestions to jack-up your liability coverage. Disclaimer: I'm an ex-service member and been with USAA for over ttwenty-five years - back before they were selling investments, catalog goods, etc. (c;

My life insurance is cheaper. There is of course no way that I can profit from this kind of insurance but it is also a question of principles. It feels as if my gear is more valuable then my life. Besides my gear already cost me a fortune.

Regards,

You may actualy be able to schedule your stereo gear on a Musical instrument floater (or a personal article floater). It would provide broader coverage (maybe electrical surge/arcing) than a homeowners policy, probably lower deductible, offer, possibly, agreed or stated value (rather than actual cash value or replacement cost-neither buy you new gear)but, much higher premium. Your Homeowners policy in its standard form (assuming it provides theft coverage) doesn't have any limitation in its contents coverage (personal property of insured)provision for stereo gear, but, it is subject to your HO policy perils (fire/water/theft), deductible, and valuation provisions. In any event, the single most important thing you need to do is document your gear; original invoice's, ordering forms; I take time stamped photos and have even secured affidavits from my dealer over the years as to its condition/value as well as listeners (a 10 year old $50,000 amp would yield a few grand should it be stolen on a HO policy if you don't know how to navigate the waters). An HO policy with replacement cost provides "replacement with like kind and quality...". And that is (w/o your documentation) subjective by an insurance adjuster who has no idea a cable not made by monster can cost more than $100.

Hey, do you guys think there would be an interest if there was a program out there that you can buy nice, broad, easy to understand and read coverage (from a real insurance company) for your gear? Probably cost near what it costs to insure your wifes jewelry.