When I suffered a break-in last year and had some CD's stolen, the
insurance company replaced them at R100 each (that's less than half
the current price of an import). This they tell me, is their
standard replacement fee and 'average' cost of your 'average' music
consumer's 'average' item. They compute this by averaging out items
bought new, imports / local pressings / second hand shop bargains
and... euphemistically referring to home-burns as *compilations* :-)
Unfortunately theft, armed robberies and 'home invasions' (break-ins
with the occupants present, usually forced at gun-point to open
safes, and reveal valuable) are soooooo commonplace in South Africa,
that insurance premiums are steep. Any items insured under the "all
risk" section are even more expensive to insure, and usually a year's
cover would replace the item anyway, so it all becomes a bit over the
top.
I
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