My gear is insured through Heritage Insurance. They are brokers that special in musica instrument insurance. Their policies insure against all kinds of theft, loss or damage and let u set the value. Unfortunately I know how great they are. A couple of years ago I had a brand-new custom made Alembic Series II fall off a Guitar stand at a gig. The headstock snapped completely off. Rather than insisting on a repair at my request Heritage paid me the full insured value for the bass and let me keep the electronics and hardware to use in a replacement. How cool is that? I can't say enough about how good they are!