Hi Fi Insurance
I'm sure we did this before somewhere, but it's on my mind today: Contents Insurance (yes - something boring and actually practical on a HiFi forum - Who'dathunkit?)
I am a cheapskate. I get contents insurance only (because I rent), and for the last four or five years this has been through the AA. The first year they charged me £35. The next year £70. Each year subsequently has been £70 or thereabouts (£68.18 this year). Is this cover any good for HiFi? I don't know, I've never had to claim.
Each year I seek confirmation that the HiFi is covered - Yes they say, up to a (single item) value of £1500 (It costs little to register single items in excess of that value). So that's £1500, per item - purchase price even if that is second hand. So if I have, say, an amp bought for £800, which would cost £3000 to replace, that is fine, as the policy is a new-for old cover. They definitely view the HiFi system as a collection of separate items, rather than as a single entity.
Extras are cheap, and available - like accidental damage cover, and cheap or free breakdown cover.
Please note I have not claimed, so I don't know how good they would be in the event of a claim. Nor do I get commission for recommending them. I just thought it was a good deal for decent cover.
I am a cheapskate. I get contents insurance only (because I rent), and for the last four or five years this has been through the AA. The first year they charged me £35. The next year £70. Each year subsequently has been £70 or thereabouts (£68.18 this year). Is this cover any good for HiFi? I don't know, I've never had to claim.
Each year I seek confirmation that the HiFi is covered - Yes they say, up to a (single item) value of £1500 (It costs little to register single items in excess of that value). So that's £1500, per item - purchase price even if that is second hand. So if I have, say, an amp bought for £800, which would cost £3000 to replace, that is fine, as the policy is a new-for old cover. They definitely view the HiFi system as a collection of separate items, rather than as a single entity.
Extras are cheap, and available - like accidental damage cover, and cheap or free breakdown cover.
Please note I have not claimed, so I don't know how good they would be in the event of a claim. Nor do I get commission for recommending them. I just thought it was a good deal for decent cover.
Comments
Good to read that you've got a similar impression though.