New Moon Musical Instrument Insurance

[gibbs]

I've been meaning to get my gear insured for a while now &, after a couple of rather expensive recent acquisitions, I've decided it's time to finally get my act together & get it sorted.

I'm in Ireland so there doesn't appear to be many options, just one that I've found, in fact, or one that has bothered to get back to me, New Moon Musical Instrument Insurance (via an Irish broker, actually).

Does anyone use or has anyone used them?

Their policy seems pretty similar to others I've read but the one thing that concerns me about it is that they'll replace items at market value, & not new-for-old, like Allianz Powerplay.

What can I expect market value to be? Is it standard across the board? Would this put any of you guys off this policy?

It's only now that I've totted up the value of all my gear that I've become worried about it & realised I need to get this done asap!