Comments on Profile Post by penguins

  1. gaspasser
    gaspasser
    Look on your insurance company’s website for valuable personal property insurance. It is usually an add on to your existing policy. Who is your insurance company?
    May 5, 2020
    Lyander and Jinxy245 like this.
  2. LetMeBeFrank
    LetMeBeFrank
    My KEFs are on our personal articles policy through state farm.
    May 5, 2020
    Jinxy245 likes this.
  3. YMO
    YMO
    I'm in my apartments and we get a limited personal property insurance on my stuff, I think it is limited up to $2k or $3k.
    May 5, 2020
  4. Syzygy
    Syzygy
    Look into “inland marine” policies.
    May 5, 2020
  5. penguins
    penguins
    Thanks guys. AAA in southern CA.

    I specifically asked if additional coverage beyond the amount in the electronics sub-clause could be purchased for audio equipment. Rep told me no, which is odd b/c they'll do it for most other hobbies/equipment (some of which is much more $$). Otherwise with just my general insurance I only get a few hundred of coverage.
    May 5, 2020
  6. penguins
    penguins
    While this is nothing new (and not a huge surprise), still annoying that most items that actually has substantial value are sub-claused at very artificially low limits.

    Maybe it's not comparable, but about how much do you guys have to pay for insurance on this stuff (PM is fine, I get sharing this info on a public forum may not be ideal)?
    May 5, 2020
  7. crenca
    crenca
    With my current policy, I am covered under the general items. I only have real money in HP now, so maybe 10k... maybe it varies by company and state?
    May 5, 2020
  8. Syzygy
    Syzygy
    If it's under your homeowner's, your deductible may apply. If so, 1% of the value of your house in loss is still pretty much you're SOL.

    That's one reason an inland marine style policy is nice (it has another name too, but I forgot it)…it's cheaper, you can move the stuff around to friends' houses, etc., it's still covered. Photographers use it to cover their camera gear.
    May 8, 2020
    penguins likes this.