Separate Insurance Policy - LP's, Memorabilia, Etc

Chubb is a great company to insure the vintage media. The last quote I got from them to insure all my media, 7000 lps, 1500 tapes, 10,000 cds was $960 per year. Replacement value of the collection is $300,000.

I just recently did this through State Farm via a personal articles policy added to homeowner's insurance. They will insure just about anything as long as you have receipts/documentation.

Mcondo is 100% correct-

Most polices have you select the dollar amount of personal property coverage----should you have a loss, you should be reimbursed for whatever is damaged within those selected limits--replacement cost-so if your 2008 Mofi 200gram is worth, $100, you would get $100

the trick is to purchase adequate limits to cover all your belongings---Don't buy $20,000 in coverage if your cables alone cost $20,000 to replace and expect coverage for your speakers,amps, records, etc..

I have taken video of my entire setup
A good tip is to keep it on a SD card and put it in your wallet----no use having a tape in the house if the house and everything in it burns and destroyed.

A bit off topic, but i recall former LA Laker Kareem Abdul Jabbar's home burned down and he had a priceless Jazz LP collection which he completely lost----always felt bad for him--

I just narrowly averted damage to my LP's when a freak hail storm shattered all of my sky lights and the hail and rain came pouring in. The rack was against the far wall and remained fairly dry except a dose of humidity. I have State Farm and they have been great so far with paying for the damage to the house. I did bump my personal possesion coverage to cover audio related items per my agents recommendation many years ago.

Buconero - did Chubb require you to list every LP, CD, etc. that you own?!

I pray they didn't...

For the value of that collection, that certainly isn't a bad deal.