From talking to Joe at AES I'm given to understand that one of the features of his program is that they give full replacement cost, no questions asked. No bs about depreciated value or nonsense like that which is common practice with normal household insurance. For example if I had a fire and lost my C12A
I wouldn't have to deal with a line of malarky that it was a used mic from the mid '60s that only cost a few hundred bucks new - or even that since I only paid 40% of current market value that's all I could get back, I could count on receiving whatever it might cost to purchase one from VK or whoever.
Since I have a fair amount of vintage gear, all of which I underpaid for, that's pretty important to me.
I need to finish my inventory and get insured...