Insuring a Music Collection
ch...@labs-n.bbn.com
would even pay for it, how much work would it take to replace
things I've scrounged over the last 20 years? would it even be
possible? would I even want to try?
I have a load of music that would be damned hard to replace now, esp as
it was damned hard to find in the first place.
books likewise, except that a bunch of them are autotgraphed, some by
authors now deceased.
as far as the insurance goes, you pay more, you get more. you want
specific converage, you have to itemize stuff, take photos, keep
receipts, etc. we were just given a mink coat at xmas (one my
grandmother had for some time). insurance for such things is extra, the
coat has to be appraised, then we insure for that value.
you can do the same with computer stuff, but there are also specialty
insurers for computers. I don't know about anything else.
but it can be done, for a price.
-- clint
Peter Johansson
William W Stone <df...@cleveland.Freenet.Edu> wrote:
> Whilst admiring my collection it occured to me - What if the unthinkable
> should happen? Fire in the music room. Truly a frightening thought. I called
> my insurance man and got very few answers. It seems to be difficult to insure
> $10-15000 worth of media. Anyone found a good way to go about it?
I was in a local CD store and there was a guy placing an order for
something like 200 CDs. I got to talking with him and that's exactly
what had happened -- his house had burned. I do not know if his album
collection was insured but aparently he did get some funds to replace
them. I took a brief look at his list and would say that about 90% of
what he had has been re-issued on CD.
However, Prog rock is another story. A *lot* of the obscure stuff
just isn't available on CD, and it is even difficult to find on vinyl
any more! Even though I'm a child of the 80s and I'd never give up my
CD player, listening to progressive on vinyl is part of its allure.
That's not even mentioning the Album artwork which reached it's
pinnacle with progreswsive rock.
Peter Johansson
pe...@cs.umbc.edu
William W Stone
Okay, so it seems that it can be done _if_ you can verify its
value. So, we've got the Goldmine guide for rare domestics. But
what about the imports? Is there a similar book?
As it stands now, it seems that if your house is a total loss,
and your adequately insured, you'll at least get some recompense.
However, if your loss is confined to the music room, you're likely
to be mired in argument with your heretofore friendly insurance
agent.
--
Up yours "The stock footage owls
Up mine are not what they
But up everybody's, that takes time seem..."
But we're working on it...
Malcolm Humes
> Okay, so it seems that it can be done _if_ you can verify its
>value. So, we've got the Goldmine guide for rare domestics. But
>what about the imports? Is there a similar book?
> As it stands now, it seems that if your house is a total loss,
>and your adequately insured, you'll at least get some recompense.
>However, if your loss is confined to the music room, you're likely
>to be mired in argument with your heretofore friendly insurance
>agent.
Seems to me that I've heard of some folks who buy/sell records may
also do appraisal - for example Craig Morer in Oregon. I think I've
heard that Gino Wong in Philly used to do thisi for folks.
- malcolm
Phil Z
wrote:
I've been told by insurance companies that I could get an appraisal from a
record store on the record store's letter head, then take a rider on my
policy for the appraised value. I've not done it since I assume the job
would be costly and time-consuming if done properly. I'm sure if the worst
case occurred, I'd kick myself something fierce for not having done it.
Without the actual appraisal and rider, I've been told that photographs and
counts of records and cd's will suffice for a strict value replacement;
that is, $x per record, $y for cd's regardless of the collectible value of
the item. Having full replacement insurance no doubt makes a big
difference here.
Personally I'm not worried about being mired in argument by my insurance
company because I'm insured for less than I own, and I have full
replacement, so I should simply get a check for my full insured value. The
chances of finding all of the records I once had again seems slim to nil,
so I'll take what I get, grumble a great deal, and then start the fun of
searching all over again. Sometimes I even muse that it would be nice to
move for once without carrying 20 record crates, four large cd cases, 4
tape cases.... :)
__________________________________________________________________________
_____
\___/\
Phil / /
/ / A squid eating dough in a polyethylene bag
/ / is fast and bulbous
/ /____. got me?
\/______\
__________________________________________________________________________