Digital Camera and DVD/CD disks. Scan in the receipts and the
digitial photos - store in safe deposit box - update quarterly or what
ever is appropriate. I keep the image file on the harddrive - keep
the latest DVD in the safe deposit box - update and replace as
necessary - DVD writeable media is approx 40cents a disk (or less on
sale or with rebates/specials - not a lot of expense for peace of
mind)

John


On Thu, 25 Aug 2005 16:17:03 GMT, "Leon"
wrote:


"RayV" wrote in message
roups.com...
Snip

Would the insurance company pay replacement price or some concocted
devalued amount giving me pennies per tool?

It all depends on what you buy. ASK questions, don't go tot he agent and
tell him to simply sell you insurance. Tell him what you expect out of your
policy.


How would I prove what I have? A fire would burn up the folder with
the receipts and that is only the receipts for the big-ticket items(not
one in there for the two $50 dollar screwdrivers).

My agent took pictures. Make copies of receipts and keep them in a fire
sage or at another location. Standard procedure for protecting valuable
information.