insurance

Discussion that is not Tokai or guitar focused.

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ezra1
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Location: occupied nation of Texas

insurance

Post by ezra1 » Sun Jun 24, 2012 8:08 am

My home owners insurance does not do enough to protect my gear.About $1500 total.The Agent told me to get an estimation for insurance worth from a dealer to bump up my policy to where I would have replacement coverage.I probably got around 30 guitars..I am not as concerned about getting a fair market value on my U.S. made guitars,but concerned about getting proper value on my MIJ guitars.Should a dealer over here value my stuff with the Vintage Guitar Price Guide....in there they do value certain models of OBG guitars and basses,but I find the value placed on Tokai very low,as compared to what I see Tokai's going for..and there is no values for Greco guitars listed..Does anyone have anybody that they could recommend ?

Koubayashi
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Re: insurance

Post by Koubayashi » Sun Jun 24, 2012 5:42 pm

ezra1 wrote:My home owners insurance does not do enough to protect my gear.About $1500 total.The Agent told me to get an estimation for insurance worth from a dealer to bump up my policy to where I would have replacement coverage.I probably got around 30 guitars..I am not as concerned about getting a fair market value on my U.S. made guitars,but concerned about getting proper value on my MIJ guitars.Should a dealer over here value my stuff with the Vintage Guitar Price Guide....in there they do value certain models of OBG guitars and basses,but I find the value placed on Tokai very low,as compared to what I see Tokai's going for..and there is no values for Greco guitars listed..Does anyone have anybody that they could recommend ?
My insurance company accepted a list I made from ended auctions on Ebay on models which aren't in the Vintage Price Guide.

ezra1
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Location: occupied nation of Texas

Post by ezra1 » Mon Jun 25, 2012 5:19 am

That sounds totally logical to me...and I have made photos and photos of the serial numbers...however the Agent (Farmers) wants something on paper from an authority (?) ,and not from me....

Koubayashi
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Post by Koubayashi » Mon Jun 25, 2012 7:55 am

Perhaps Mark can help you.
It is rather common that dealers make a value statement.
Some charge a few bucks and some don't.
Ask him.

marcusnieman
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Post by marcusnieman » Mon Jun 25, 2012 7:56 am

There's an insurance agency that specializes in underwriting guitars for insurance... few of my Texas pals use them. Let me get the info for you.

Cali Girl
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Post by Cali Girl » Mon Jun 25, 2012 8:10 am

Heritage Musical Instrument Insurance

ned
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Post by ned » Mon Jun 25, 2012 12:45 pm

musicproinsurance.com been using them for years.

marcusnieman
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Post by marcusnieman » Fri Jul 06, 2012 4:44 am

Sorry for the late reply....

Here's the insurance company my pal uses:

http://www.musicins.com/

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