Gary...

My problem in securing rasonably priced insurance is the size of the collection and it's value. Maintenance (storage in a humidity controlled environment, nexk adjustments, string changes, etc.) cost me over $1200.00 a month. The only company with insurance available I could find is Lloyds.

All general agents passed. I have been dealing with this issue for years. Lloyds even sent an instrument appraisal specialist to verify the declared values I supplied.

Cost is a major factor. Yhat's why I insured all instruments which will depreciate at
the depreciated value. As it is, my policy costs over $10,000.00 per year.

I re-evaluate coverage every 6 months and update for coverage on recent acquisitions.

Russ