Insurance for Naim gear
Posted by: pcm on 25 February 2001
Happy listening!
pcm
Tony
Andy.
Andrew L. Weekes
alweekes@audiophile.com
i know quite a lot of people who are members of ths forum are IT savvy. why dont we get a layer of protection in place by setting up a database of serial numbers of all our equipment? that way, whenever there is a theft, we can at least be in a position to check any "fell off the back of a lorry" items going for sale wherever. depending on size, i cannot see why this cant be an excel dataset, but may be better in Access. of course, this kind of system requires contributors to make it work -- so i would be interested in any views.
note that this doesnt prevent burglary -- it just gives you another layer of protection -- for your equipment -- and when you are offered something for sale as well... any views??
enjoy...
ken
CGU has now merged with Norwich Union. I believe I get the same cover from NU (not NU Direct). Check that the policy hasn't changed before taking it up.
Sending a list of items (+ new replacement costs) is well worthwhile, as is having a photograph of the system.
Suggest you also consider the replecement cost of your CDs and/or LPs.
cheers, Martin
This may be of help to others in the same boat: I have approached M & S who act as agents for CGU (now under the Norwich Union umbrella) and do not put an upper limit on your household goods and will take on expensive hi-fi as long as items costing over £4000 to replace are declared and then, at their discretion, they may impose the following 2 conditions: locks on all entry/exit doors to the British Standard they (M & S)currently support and a "police aware" intruder alarm. This will then cover ALL risks. Even without the intruder alarm they are prepared, in my case at least, to accept all risks to all items except theft of items over £4000.
My friendly local alarm installer has quoted me about £600 to buy & fit and another £320 to "commission" the alarm for the first year and £120 in subsequent years for insurance approved maintenance.
May your power supplies burn brightly!
pcm
There was a small monthly charge, which was applicable over several years.
cheers, Martin
Thus, I think the idea of having a database might be a good idea if you could get people to subscribe to it.
quote:
Thus, I think the idea of having a database might be a good idea if you could get people to subscribe to it.
i am surprised that there hasnt been much response, +ve or -ve, to this idea...
enjoy...
ken
Martin