I have Specialist Home Insurance with John Lewis (John Lewis Insurance they use Covea for that) so that my music collection is covered (current value £47000, the most expensive thing(s) I own!). I have everything (well almost, I'm a bit behind) catalogued with Music Collector from Collectorz , however John Lewis doesn't ask for a list, but I think its best to have one. I don't think anybody will cover downloads, they'll cover the physical NAS Drives not the contents.
Wow that must be some collection you have! I use Music Collector as well to try and keep track of everything and have some 700 titles listed on there.... yours must be in the thousands. How do you value.... based on the price you paid, the current price to replace or some other option and how often do you update the valuation?
Yes my musical madness is a monster! 2406 CDs, 75 BDA, 219 SACD, 186 DVDA, 16 DualDisc, 17 DTS-CD, 44 DVD-5.1 and must be 1500 LPs which aren't catalogued, then there is all the new stuff I haven't added to the database. I take an average for the CDs etc, and a mix of what I paid and would cost to replace for all the multichannel discs and the Box Sets (which I have bought rather a lot of). So I look to update the value once a year, but I add in a buffer of around +10%, it is better to be over insured than under.
Yup. The real value is the content which cannot be insured. That is why one must insure its survival onesself: multiple back-ups geographically distributed.
