Insuring Your Vinyl

[Guest TallSarah]

After a recent burgulary, the very helpful loss adjuster has told us we're underinsured because of our vinyl/cd collection. We've always assumed that its uninsurable.

Can anyone give me any top tips on how to/ who with to insure your collection?

Ta x

[Reg Scott]

After a recent burgulary, the very helpful loss adjuster has told us we're underinsured because of our vinyl/cd collection. We've always assumed that its uninsurable.

Can anyone give me any top tips on how to/ who with to insure your collection?

Ta x

Hi Sarah

Sorry to hear you've been visited by scum fuc*s

The best way to insure your music collection is to catalog it (catraxx is the database i use) including pics/scans of your items and base the 'value' on one of the two guides . For added protection you can request that a recognised expert validate your appraisal. This usually comes at a cost and is similar to the way you would use a jeweller to provide a written valuation for your precious items.

Best,

Greg.

[Guest TallSarah]

thanks

we've got about 3000 12/LPs, 1000 7s, and god knows how many cds!

its going to take a while but may be a good way to stay in and save money in the winter

[Guest GFAS03]

Great topic, and something that keeps me awake at night too. I tried to get insured a few years ago, but the companies I approached weren't helpful with records. Are there specialist insurers? Or did you just attach it to the normal household insurance?

Atb

Andrew

[Ian Dewhirst]

Great topic, and something that keeps me awake at night too. I tried to get insured a few years ago, but the companies I approached weren't helpful with records. Are there specialist insurers? Or did you just attach it to the normal household insurance?

Atb

Andrew

I'd catalogue all your records and then up your household insurance accordingly. Plus bear in mind that most collections on here would require a huge van and a couple of guys spending several hours lugging heavy plastic out of the door and then they'd have to figure out how and where to flog 'em. There's much easier things to burgle for sure so I don't think record collections are high on the hit list...........unless it's an inside job of course.

There's these guys: https://www.collectingvinylrecords.com/collectiblesinsurance.html

Ian D

[Guest GFAS03]

I'd catalogue all your records and then up your household insurance accordingly. Plus bear in mind that most collections on here would require a huge van and a couple of guys spending several hours lugging heavy plastic out of the door and then they'd have to figure out how and where to flog 'em. There's much easier things to burgle for sure so I don't think record collections are high on the hit list...........unless it's an inside job of course.

There's these guys: https://www.collectin...sinsurance.html

Ian D

Thanks Ian, appreciate it. I'm less worried about the burglars, normally they wouldn't know what they were looking at, but a fire would be my main concern. 500 puddles of black goo would be heartbreaking...

[Guest]

Thanks Ian, appreciate it. I'm less worried about the burglars, normally they wouldn't know what they were looking at, but a fire would be my main concern. 500 puddles of black goo would be heartbreaking...

One of the best people to give advice on the ins and outs of insuring record collections , and dealing with claims is Sean Hampsey , following the problems he experienced with his following flood damage a couple of years ago .

Malc Burton

[funkyfeet]

Tesco Home Insurance will Insure your record collection.

[Simsy]

Think we've had three or four threads on this subject over the years, I started one. Trouble with insurers is they are fine with things like an Elvis collections etc, but rare soul, they're a bit non plussed.

Best tip from previous discussions on this was the aptly named Victor Knight Insurance - more tailored to musicians/equipment/dj's/record collections Think someone said about £10 for every £1000 worth of records.

[Ian Seaman]

I have my collection added to my house/contents policy, the insurance company (now called aviva) didn't want any info on how many, individual values etc just a ball park figue on value, cost me an extra £65 to add them and it covers a box of records up to £24999 to take out DJing (ie out of the house), that was the max they would allow and about right for the box i normally carry to venues.

I had a lodger who used to use my laptop which is in my record room (spare 3rd bedroom ), he stood on and snapped a few records i had laying on the floor which included a 7 Souls issue , my own fault i suppose for leaving them laying around but insurance company coughed up £550 no problems and i still have the record (& no it won't play !!), i gave my value and they accepted it, not sure if they did crosscheck it with another source or not !

each & every quote will be different i suppose.

Ian.

[Guest TallSarah]

it is fire we're concerned about rather than theft

we've no massively valuable northern stuff - just alot of records, a few rare boxed sets

thanks for all the advice

once we've got this claim sorted we'll get on the case

[Djmelismo]

Insurance companies don´t seem to understand the value of (collectible) records. They still seem to believe that CDs are worth more than vinyl, whereas it is normally the other way around. Ian is right in saying that very few burglars would consider stealing vinyl records, but a fire or a flood could destroy your records and then it would be terrible if they weren´t insured. Make a list of the titles, take photos of your records, at least a few photos in your record room from different angles, have an expert confirm the estimated value of your collection - and I hope by God that nothing will ever happen, because it would be a nightmare to try to rebuild a collection, that would mean starting from scratch again, myself I would lose the will to live if it ever happened to me! Also check the details, what about the locks you have on your doors, do you live on the first floor or high up in a highrise building, lots of things to take into consideration to make sure that you have the right insurance and get your money if something actually happens.

What about collector friends coming to your home? I´ve had friends come over, at times they´ve been alone in the record room, and sometimes I´ve had to leave my home to pick up the missus or go out and buy some food, when I get back I can only hope that noone has nicked any of my records, hopefully you can trust your "friends"?!

Edited December 13, 2009 by djmelismo

[Samson]

Hi Sarah

Sorry to hear you've been visited by scum fuc*s

The best way to insure your music collection is to catalog it (catraxx is the database i use) including pics/scans of your items and base the 'value' on one of the two guides . For added protection you can request that a recognised expert validate your appraisal. This usually comes at a cost and is similar to the way you would use a jeweller to provide a written valuation for your precious items.

Best,

Greg.

Microsft access is a good way to catalog a collection too. I worry about mine all the time. Got a motion detector/alarm pointing right at them but that won't stop a house fire:sweatingbullets:.