I mentioned EQC above, that is actually a government run insurance specifically for earthquakes. If you have private house/contents insurance you pay a EQC levy that goes into the pot to be paid out in the event of an earthquake. They pay the first 100k on land/buildings(I think) and the first 20k of contents then the private insurance covers the rest. It mitigates the risk for insurance companies, and ensures premiums aren't outrageous.
Yeah it sucked big time, after having all my books on the floor for a couple of months(hello aftershocks) I'm sort of immune to the damage now. There are definitely worse things that can happen.
That is basically my thinking, condition is everything and any damage makes a book significantly less valuable. The Adjuster is trying to figure what value has been knocked off the books from the damage and what insurance actually covers is really the next step in the process.
Shipping is being taken into account in the market value, especially since all my books with few exceptions were imported. I agree with the damage assessment, spine and binding is basically the book. There are a few of mine like that.
And yeah the Conan is pretty bad