I have never understood why people over insure stuff. It's a fight to get what you think it's worth. Try your best to get what you think it's worth but be ready for a fight. Its my opinion it's a lot of hassle for very little return.

That's why I am third party only. If mine got stolen I would not claim. I am only insured on the very minimum to be legal.

When I insure stuff I insure it for exactly what I paid. Usually insurance pay out the market value hence your offer less excess.

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