Quote:
Originally Posted by Shopaholic
I would think the deductible would be higher than the cost of a new reader.
I'm sorry for your loss OP. I'd be majorly PO'd at the loss too. 
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Depends on the policy - check it out !
You pay your premiums for just these sorts of occasions, but policies do vary - daft, and costly, not to at least check !
If, like me, yiou don't speak" legalese", check with your broker if you used one, or just ring the company .
I ran over my own newly purchased camera (don't ask !) and only "paid" my £50 excess, but got £270 towards the replacement - no increased premium (which is normal).