[Re-animated Cat]

Does anyone have any ideas about this? Anyone have insurance specifically for their vinyl? Is it covered by home contents insurance (which I've never had, btw)?

[maxvelvet]

@Cat: existing discussion

http://www.spintheblackestcircles.com/f ... ollection/

[Re-animated Cat]

Ah, my bad. Thanks Max

Si - could you please merge or delete this thread then?

[bansel]

Hey @re-animatedCat, I spoke with my homeowners insurance, AAA about this. It's kinda goofy. He said I could get a rider for my records but the max it would cover was $10,000, (which doesn't cover the value of the collection). He also said they'd have to be appraised individually, which is just ridiculous.
However, if you have the contents of your home insured, they are covered anyway. This includes fire, theft, natural disaster, etc. So, just make sure your home contents coverage payout is enough to cover your collection as well as your other items.

I'm sure this varies according to which provider you have. I'm in the states, so there might be different policies if you are in a different country as we'll.

The thought of losing your collection is just depressing as no amount of money can replace the time or effort it took to compile, and many can't be found again easily.

I'm gonna go hug my records now and tell them I love them

[monsterworship]

I would highly recommend at least getting renters insurance if you dont own a home. This might cover some of the value. Its not too expensive.

[bansel]

Oh my bad, I just saw you didn't own the home. Yes, as @monsterworship said, definitely get renters insurance if you don't have it already. It's like $25 a month or less. If you keep your collection updated on discogs that SHOULD be good enough as far a documentation goes

[chandler75]

It's also a good idea to take a handful of photos of the collection (as well as the rest of your apartment, furniture and other valueables), maybe upload them to SkyDrive or similar in case the home burns down (God forbid).

[Re-animated Cat]

All great advice, guys - thanks a bunch

[chandler75]

I would just refer to the Discogs statistics, where you can see the total "value" of your collection (except for those items where no sales statistics exist).

I would of course argue that the Maximum value should apply, but the insurance company would probably be more inclined to look at the Minimum or Median value