Quote:
Originally Posted by PWeso81
Thanks James
I know the topic has been brought up before...and I know it is usually followed by a website to check out. What I don't know is the best way to approach placing a value. Do you add everything up and insure one lump sum...or do insure different lots for different amounts? I would just like to hear how some of the other forum members handle this.
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Place realistic replacement value as that is what they will look at. Usually everything doesn't get damaged or stolen so they will only pay out on what is taken or damaged.
As stated yes one lump sum unless you have a single card worth more then $5000. Anything worth over $5000 has to be listed and if you sell it you need to let them know about it.
Honestly I have a few things that I should list but have not done so, I really need to do that this week especially considering I had some stuff taken recently :-(.
James G