Thanks Mark,
You're right on all of the above.
It 'was' my dream Cellar of Soul. Was supposed to be water proofed and after 5 Winters, I believed that to be the case.
Until the floods this Summer!
Yes there's a seperate thread somewhere, but I thought I'd hop onto this one because it's relevant and to give an update.
It's a long drawn out thing (not forgetting though the huge number of householders with claims this summer) but only last Friday morning I had a 2 hour interview with the insurance company, who came to my office for me to give a statement in which I had to answer (amongst other things):-
How I came by these records?
How did I know how much they were worth?
Did I know how much they were worth when I bought them?
And had any of them appreciated in value, since i started collecting... in 1969?
Hey, but its no laughing matter.
I'm a few bob out of pocket but it needs to be sorted... properly.
As for the 'true worth' Ian, at the time I took out the policy (when me and my girl bought the house, 5 years ago) I added 50% to my previous contents insurance figure and then doubled the entire figure to cover all valuables including the records.
Have paid a HUGE premium (as I work for myself I spend over £2.5k per month on insurances anyway) but (after consulting the Manship bible) the cheeky bergers were concerned I might have 'deliberately undervalued' my record collection to try and save a few bob on the premium.
Anybody any idea what the average householder spends on Contents Insurance?
Trust me, I was well covered.
Any road up...I'm sure it will be sorted soon as I think the company 'finally realize what we're dealing with here... but we'll have to see. Plenty more water to flow under the Bridge yet....
Sean