I'm sure I would replace some percentage of them, but yea, a lot of the hip hop and singles would probably get skipped except the stuff really close to my heart. I don't see myself DJing many hip hop sets anymore ever, and I'm pretty well done with the bar scene. My personal rig at home is vinyl, and I used to have another pair of 1200s for the club that I sold to a good friend when I pretty much gave up the bar scene. If I were to gig out in public again I would just complete my 2nd set of equipment for digital shit (I already have a CDJ and an extra mixer I'm quite fond of, one more CDJ and I'm good to go there).
Hip hop aside, the vast majority of the records I treasure are UK imports which also complicates the whole situation. Trying to replace them at any reasonable cost would basically require setting up a proxy shipper to combine orders (which I've considered doing anyway now since postage is so expensive).
I carry a metric fuckton of homeowners insurance (and did renters insurance too before I owned), I hope you guys do the same.
Aside from records, what am I replacing in a theoretical total loss...
Console games: nope... everdrives and optical emulators it is
Arcade games: Maybe a NAOMI and an MVS, and a Ringedge or X3. All the JAMMA stuff, who knows.
Cabs: I'm probably not trying to restore anymore CRT candies so maybe 2 HD cabs instead, one to leave a monitor in each orientation, and I'd be good.
Skateboards: this would really suck ass... but I have about a dozen boards I care about, and I would maybe replace 6. All of them are very different types of boards (shape, trucks, wheels) and a few of the trucks are custom CNC jobs. Several of the boards were also pressed by fellow professional racers in our garages, so there's no replacing that shit.