Unfortunately, I can’t even look at State Farm or Allstate As we’re in the hurricane state of Florida. So they do not write policies here. So far all of the other companies will not cover my AUDIO. Someone just mentioned try Lloyd’s of London. I’m gonna go online and see if I can secure that somehow. And I’m just so glad I asked and pushed a little bit to get a straight answer from my agent. my agent does not care about me my AUDIO equipment or anything else as long as they get the commission that’s all they concerned with.
Equipment insurance coverage
Hello all, I have recently found out my Audio system IS not covered under my homeowners policy, Even though I have replacement cost coverage and am way over insured for personal contents. Im at a loss to find coverage for my system!!. Has anyone had any luck with insuring your gear? Don't know what to do.
Thank you
Michael.
- ...
- 23 posts total
I have USAA and do insure personal valuables. Yes, a diamond ring and earrings, watches...but it was too expensive to insure the audio at full replacement cost.. They will insure the audio as well but it does cost. My audio is covered under my general posessions along with tools, clothing, computers etc... There is a deductible and you have to document everything. You will need pictures of your system and original receipts. They will try to depreciate it all. Call your insurance and discuss personal properties. Someone mentioned companies by name above. You do get what you pay for. If you can afford Chubb they will be the best at replacement. |
Sounds like it is time for a new agent…….
|
If you have full replacement coverage your insurance should reimburse you to purchase replacing your system for a covered claim. Suggest keeping records of exactly what you have. Having a video of your equipment can be helpful too. If your insurance agent isn’t helpful suggest contacting another agent. |
- 23 posts total