Russ,

My policy is for full replacement value--not depreciated value. If my keyboard is trashed by a bucket of suds, my policy pays the fully insured cost that I have listed. I supply them with the list of equipment, which to date is approximately $14,000 for the items I have insured. The total cost of the policy is just $93 per year, which I consider dirt cheap. It covers all hazards, including theft, flood, fire, etc--all hazards. No exclusions for drunks, professional use, etc. I shopped a lot of insurance companies until I found this coverage, and believe me when I say there a major difference between companies and the coverage they provide. It also helps to have a good agent who will work to find you the best coverage for the best price.

Cheers,

Gary