Insurance

[Gordon W. Potter, Jr.]

I have my camera equipment insured through Safeco as a rider on my
homeowners policy.  I have replacement coverage.  I decide on how much each
individual item is insured for (no appraisals).  In the event of claim, I
get back the lowest of (1)  my stated value or (2)  replacement cost with a
new item or (3) repair if appropriate.

When stating the value of each item, I did have to state the basis for my
value, such as receipt, advertisement, etc.  I have had one claim and no
trouble.