Equipment insurance coverage

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.

@rediculus wrote 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. 

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.  

I would have to say that the less than 1% of us who are unlucky enough to suffer a complete system loss does not outweigh the greater than 99% of us who whom will never have to turn to such a non-existent policy. Let alone the hassle of dealing with all of that. If you have a moderately ranged system around 10k, you will likely never regain the costs of the annual premiums. Go Bills! 

I've asked this question of my insurance provider every year (USAA) and when I explored other options (I do so every few years).  I have been told multiple times my audio equipment (unless it's pro-audio equipment I use for a business) is personal property and to keep documentation.  

@elevick I recommend you call USAA again.  I've talked to them multiple times and have been told it's part of personal property and I have high value property for my watches.  I even shared replacing my stereo if destroyed would be equivalent to buying a nice car and the question raised do I want add the percentage coverage for my personal property.