I have insurance on everything, even my iPhone!
I'm insured through State Farm and the policy is called a "Personal Articles Policy". These do not have a deductible. Thing is, you need to insure fairly close to the time of purchase, be able to present the item with serial number and a receipt/proof of purchase.
I highly recommend it. It's pretty much no questions asked when it comes time to make a claim. It's a helluva lot easier than trying to claim items on your homeowners insurance too as there will be a deductible for that and chances are, if you're like me, you didn't keep those receipts handy for proof you owned a lost, broken item. You also have to take depreciation on a homeowners claim. The Personal Articles Policy is a replacement policy.
Since we are on the subject, I mentioned my iPhone above as being on my personal articles policy. Everyone should consider this option over paying a cellular provider $5-6 a month extra to warranty your phone. For $42 per year I insured my phone for the replacement cost of $650 should I lose it, run over it, throw it at a tornado with the video feature recording...
Well anyway, give it some thought. Better coverage for less money is a no brainer.
Good luck with your insurance. Let us know how it turns out!