Insurance question

I have a renter's policy and made sure the agent was well aware that a majority of the coverage would be the hifi (I don't have much else of significant value besides that and my computer). They had me take photos of all the gear clearly showing up-close names and model numbers where possible and I also photographed serial numbers where I could. I emailed this to them along with a written description of names, models and s/n's and they said this would all suffice. I'm covered on anything I'd expect to encounter though I'd have to double check surges--in any case I always power down and unplug during electrical storms! In any rate I take the coverage with a grain of salt knowing full well that insurance companies aren't in the business of handing people money willingly.

An insurance policy is a contract between you and the insurance company. They will pay you what they are legally obligated to pay you under the terms of that contract and no more. The problem is that most of us do not fully understand what their insurance policies cover - or more importantly - what they do not cover. Unfortunately, most of us first learn what's not covered when we make a claim against the policy. That's why its important to review our coverage needs in advance, to make sure we obtain the appropriate coverage.

Not every insurance company will schedule electronic equipment. Cruz123 are you an insurance agent? If not I would guess attorney or a very eductated consumer. Good thread everyone.

Nicksgem10s, how dare you call me an attorney :). Just kidding. No, I'm not an agent, but have been in the insurance industry for about 20 years.