Members whiteshadow Posted November 20, 2005 Members Posted November 20, 2005 I was thinking of insuring my stuff, and I realised I have over 7,000$ worth of gear... when did spend that much money! I'm just curious how much the rest of you would have to pay if you lost all your gear (assuming you baught every item again). My amps would be the most expensive thing to replace.
Members GPD Posted November 20, 2005 Members Posted November 20, 2005 Guitars - $2500Bass - $500Pedals - $1000Amps - $1200Recorder - $800PA - $500Mics/cables/misc. - $500About $7000
Guest Anonymous Posted November 20, 2005 Posted November 20, 2005 Guitars : $1,000 Amp : $250 Synths : $600 Pedals : $1,000 Misc. : $300 TOTAL : just over $3,000 *shrugs* devi-
Members Mike_E_McGee Posted November 20, 2005 Members Posted November 20, 2005 If I sold it all, I'd get about 5K. To replace it all would cost me about 30K. I truly love all of my gear, but none of it was a good financial investment.
Members Leftside Posted November 20, 2005 Members Posted November 20, 2005 guitars - 1200 amps - 1000 (worth more but that's what i paid) pedals - ~1200 3400ish - not bad
Members Bruno Posted November 20, 2005 Members Posted November 20, 2005 Originally posted by whiteshadow I was thinking of insuring my stuff, and I realised I have over 7,000$ worth of gear... when did spend that much money! I'm just curious how much the rest of you would have to pay if you lost all your gear (assuming you baught every item again). My amps would be the most expensive thing to replace. Have you talked to your insurance company about the insurance? I was interested in doing this for my gear but did not know where to begin. Who would you send your pedals to for a value?
Members riffdaddy Posted November 20, 2005 Members Posted November 20, 2005 If I sold everything tomorrow I'd get about $25K, perhaps a little more.
Members riffdaddy Posted November 20, 2005 Members Posted November 20, 2005 Originally posted by Bruno Have you talked to your insurance company about the insurance? I was interested in doing this for my gear but did not know where to begin. Who would you send your pedals to for a value? Most insurers want a documented appraisal. I do all of the appraisals for my insurance agent with his other clients, however, so he allows me to assign values to my own stuff.
Members Bruno Posted November 21, 2005 Members Posted November 21, 2005 Originally posted by riffdaddy Most insurers want a documented appraisal. I do all of the appraisals for my insurance agent with his other clients, however, so he allows me to assign values to my own stuff. OK.....but how would the average Joe do it? I have some 1-offs that I do not know that the value would be if they were stolen? Do you think that I could get Analog Tom to appraise them?
Members riffdaddy Posted November 21, 2005 Members Posted November 21, 2005 Originally posted by Bruno OK.....but how would the average Joe do it? I have some 1-offs that I do not know that the value would be if they were stolen? Do you think that I could get Analog Tom to appraise them? If you're talking about pedals, NDT would be as good a source as any. I would recommend checking with your insurance agent first to see what sort of documentation they want. Some require receipts of purchase. Others might not require anything at all.
Members BP90 Posted November 21, 2005 Members Posted November 21, 2005 It's worth the world to me... and that's all that should matter....
Members Bruno Posted November 21, 2005 Members Posted November 21, 2005 Originally posted by BrianPhase90 It's worth the world to me... and that's all that should matter.... Yeah.....but if it was all lost in a fire then how would ya feel if you could not get any of your money back? This is not for a bragging rights but to cover my ass in case something happens
Members #16 Posted November 21, 2005 Members Posted November 21, 2005 Originally posted by Bruno OK.....but how would the average Joe do it? I have some 1-offs that I do not know that the value would be if they were stolen? Do you think that I could get Analog Tom to appraise them? Back to the studio rental question, 3 quotes sometimes to get a going rate! I suggest you nick Captain Insaneo's safe after you have glued him into his hotel room!Did I say that out loud? Oooops! :D
Members capnbringdown Posted November 21, 2005 Members Posted November 21, 2005 I think my gear is worth about 3500 or so, but since its not all sitting right here in front of me, so its hard to visualize the full dollar amount.
Members Porkchop Xpress Posted November 21, 2005 Members Posted November 21, 2005 I never really thought about it. I'll tally up a roundabout.guitars - $7400amps - $2000 (not including the cabs)fx - around $1800-$2000 + a Fab 50 (priceless)Just over $10K I guess. Maybe around $13-$14K? Who knows?I don't even want to think about mics, recording gear and miscellaneous {censored}.
Members Porkchop Xpress Posted November 21, 2005 Members Posted November 21, 2005 I can't believe I forgot the Tonelab! For shame. tack on about $400 for that.
Members T113 Posted November 21, 2005 Members Posted November 21, 2005 This reminds me: Someone I know got burglarized the other day, the Christmass robbery season is upon us, and it's probably a good time to do a 'home inventory' if you haven't in a while. Get a camera/camcorder and get footage of everything you own, especially stuff that's expensive or hard to replace. Make a list of model/serial numbers too, and keep this off-site somewhere safe. (locker, safe, safety-deposit box, mom's house...). Hopefully you'll never need it but if you DO you'll be glad you did. Note: Keep it SAFE - this sort of information would be very inticing to a criminal.
Members valvedriventone Posted November 21, 2005 Members Posted November 21, 2005 "No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a Grand Jury, except in cases arising in the land or naval forces, or in the Militia, when in actual service in time of War or public danger; nor shall any person be subject for the same offence to be twice put in jeopardy of life or limb; nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation."
Members phyrexia Posted November 21, 2005 Members Posted November 21, 2005 Originally posted by dot-dot-dot About $320,000. For real?
Members trucks Posted November 21, 2005 Members Posted November 21, 2005 My gear and my wife's jewerly are separately insured under a "personal articles policy" with State Farm. The only documentation they required for my gear was sale receipts. We had to get appraisals for her jewerly. If you expect homeowners to take care of this, it is best to look at the limits and add up the contents of your house in case of a fire or theft (might need to talk to your agent about that as well).BTW, if you are a gigging musician then you would need another type of policy. I'm not an agent, but my Mom is.
Members dinrodef Posted November 21, 2005 Members Posted November 21, 2005 Originally posted by trucks My gear and my wife's jewerly are separately insured under a "personal articles policy" with State Farm. The only documentation they required for my gear was sale receipts. We had to get appraisals for her jewerly. If you expect homeowners to take care of this, it is best to look at the limits and add up the contents of your house in case of a fire or theft (might need to talk to your agent about that as well). BTW, if you are a gigging musician then you would need another type of policy. I'm not an agent, but my Mom is. thanks that's good infoI need to get add gear to my state farm policy ASAP
Members BP90 Posted November 21, 2005 Members Posted November 21, 2005 Originally posted by T113 This reminds me: Someone I know got burglarized the other day, the Christmass robbery season is upon us, and it's probably a good time to do a 'home inventory' if you haven't in a while.Get a camera/camcorder and get footage of everything you own, especially stuff that's expensive or hard to replace. Make a list of model/serial numbers too, and keep this off-site somewhere safe. (locker, safe, safety-deposit box, mom's house...).Hopefully you'll never need it but if you DO you'll be glad you did.Note: Keep it SAFE - this sort of information would be very inticing to a criminal. well said... I rarely discuss my gear with local musicians... Of course they will see some of it when I'm gigging... But while people are bragging about their {censored} I stay quiet... I sleep like a rock and probably wouldnt hear people busting my windows...
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