This matter is of constant concern to me, too, though my collection is slightly smaller than yours.

I have discussed the matter with the local insurance broker when renewing the annual home contents' policy and they tell me that I'm covered under the general possessions' section as no item is worth a significant amount. I have some of the hi-fi components specifically listed - though that did raise an eyebrow or two as if to ask how could I have spent so much money on ...

I think it is sensible, however, to backup any possible need to lodge a claim by having a detailed listing and so I maintain a list of CDs owned (along with label and number) which I hope will be effective and from time to time take digital photo's of the CDs on the shelves. Not perfect and I'd like to hear how other collectors take care of their prised possessions. Holidays away are always a stressful time for me in this respect!

Of course, there is another problem: having such a large collection, even valued modestly, will take a large proportion of the home cover so may lead the policy to be under-insured.

Mitch, May 6, 2007; 6:07 AM

All you have mentioned has crossed my mind as I'm sure it has crossed the mind of many SC members as well as others who cherish their music collection regardless of monetary value.

I honestly have no idea how insurance coverage works in such a case as I am sure of the fact that insurance companies do not just give money away.

I would think that first you will have to find a renowed and trusted insurance company that is willing to insure your music collection.

After this has been done, it most probably has to get appraised by a specialist from within the insurance company.

In the long run it might not even be worth it.

I would think the internet is a first step in you query and a pretty good source of information.

http://www.atlanticmutual.com/brochures/PL491_ValuablesQA.pdf

serifiot, May 6, 2007; 9:26 PM

As I use to be an insurance agent in Ohio - USA. Cds would be covered under the contents portion of a homeowners policy. The smart thing to do is have a policy that is replacement cost, not actual cash value. Keeping them listed, receipts or taking pics is all you need to do. You do not need to insure them separately, like guns, jewelry, etc. I am only talking about homeowners insurance in Ohio. If you are in an apartment, contents can be insured, but again at replacement cost. If not you will not be happy in the event of a claim.

dspin24358, May 6, 2007; 9:45 PM

The answers given here are certainly correct: You'd not only have to have a detailed list, but would also only be able to cover for replacement costs, not whatever a "collectible value" might be on something.....most likely because such a collectible market's values change....but get that list done up, because an insurance company would indeed want a detailed list.

kriegerg69, May 7, 2007; 2:46 PM