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@Orko42
Velocio is totally right. It's all about the right policy.
I had a Downhill rig stolen a few years back, and as most people do I upgraded from how I bought it originally. I kept receipts, photos of upgrades etc, and also me with the bike (Family Portrait, ahhhhh)
It was stolen from a secure property with no CCTV. Police numbers as per usual. They paid out in full as all the evidence and due care put in by me showed responsible ownership etc. That was through my bank insurance policy covering Home and Contents.
From what I understand, if one item is over the value of £2500.00, most policies will require detailed information and evidence of ownership (receipts etc). I have my bike as a named item on the policy which costs me nothing to name, but gives the insurance company a list of parts for the bike with values.
Yes it seems like loads of hassle, and a lot of people will think it just not worth it which is fair enough, but having had an expensive bike stolen I would'nt do it any other way.
Insurance is an expensive thing, to have or not to have - personal choice in the end I guess.