Insurance for audiophiles

As Tvad also said: photo and receipts kept in another location are real smart in the event of a fire.

Most homeowners and renters policy have a maximum limit for loss of electronics. This can be well below the value of a good rig. You will need to get a rider [schedule] for your equipment. Same as is required for jewelry, except that the premium charged for a stereo rider is much cheaper than for jewelry.

Get the "full replacement value" option. Especially if you have any beloved equipment more than a few years old.

about 10 years ago, I had a loss and had the offer of $1k in cash or $9k in equipment reimbursement (duh!)

I have some coverage under fire insurance.

This is a really important and valuable thread. Maybe the moderators can put it at the top of the page?

I've recently upgraded, as well as inherited hundreds of books (where the opposite is true of audio gear--the resale value on these can be 50x the original price). So, this reminds me that I need to upgrade my policy. I have an Allstate renters policy.

Another issue is cables. Since no one in his right mind spends $500 on a set of interconnects (except, well, audiophiles), all that has to be documented, as well.

Matt