[Suppafly]

>When getting something appraised they actually ask you “is this for sale or insurance reasons?” This never made sense to me because the insured price should be the replacement price, and that should be the same as what you would sell it for, no?

Obviously no. Insurance has to buy you the item new, used items sell for a fraction of the new price. Being confused by this makes me think you're new to living on earth.

[adastra22]

Insurance doesn’t buy you anything. You make a claim and they send you a check, minus the deductible. That is it.

[Suppafly]

Regardless, you typically want the list price for your items not the used price. Do you not understand the difference?

[adastra22]

You get whatever price you insure at. If you want a higher payout, fine. You'll be paying higher premiums though.