Not to steal your thread, but from time to time I jump up on my soap box and begin to rant. Many of you may recall I have mentioned having gone through a house fire something over 15 years ago. That was the first house I had bought, but I knew I should have home insureance so I got it. I was a little embarassed when the agent asked me the value of the contents (the house was full replacement thankfully). I had many things that were old, but very good and usable. I decided on $50,000.
Well, the way it goes is that we buy over a period of time. You get a living room set today. Next year it is a new dinette. In a couple more years a new bedroom set. All the while you are buying clothes. If you have a lot of conservative clothing, it may last for some years. How often do you wear a suit? I did often, but had a lot. Blue jeans may last 2 or 3 years, or more with several sets. Cameras and lenses acquired over several years. Geez, I even had some old ones my father had used. Really old.
Then one day you come home and you don't have any of those things. They all have to be bought new at today's prices. Multiply that by a wife and two kids.
Yeah. Get insurance. Figure out what you think it is worth, then double or triple it. You probably aren't going to up those figures for several years, are you?
Yeah. Get insured.
