Insurance for DSlr?

[nicshow]

Do any of you have a special rider on your homeowner's insurance to protect against loss or damage to your camera? Are there other options for insuring a digital camera?

[hogdust]

I did not ask for specific coverage but I did ask if my gear is coverd under my home policy and they said it is. I am not sure if that would include something happening outside my home ot not. Since I got my policy I have bought a lot more stuff and have been thinking of calling my isurance broker to see how much it would cost to get additional coverage. A friend of mine has it for his gear.

[dgcorner]

As far as I've been told, my gear is covered on my home contents policy. When asking for additional insurance for theft or accidental damage whilst out and about, the rep at the insurance company mentioned that the home policy covered these as well... though I will need to do more digging... Then again, policies differ from country to country, state to state even!

[reewik]

I will have to look into that myself... Great post ...

[Asmodeus]

I cover my camera equipment under a specific State Farm Personal Articles policy. It covers for loss and damage 100% and doesn not have any impact on my other insurance policies with State Farm if I need to file a claim. It costs about 80 cents per $100 coverage.

[reewik]

Per year?

[johnnybfan]

I cover my camera equipment under a specific State Farm Personal Articles policy. It covers for loss and damage 100% and doesn not have any impact on my other insurance policies with State Farm if I need to file a claim. It costs about 80 cents per $100 coverage.

To me, this is the way to go. If you've been watching the news, there are many reasons not to file a claim on your homeowners insurance. Some insurance companies will cancel your insurance with just a simple claim. It's not ethical but it happens anyway. I think that it really comes down to which I.C. you have.
80 cents for $100.00 sounds like a great deal - I would have thought it would be more. What kind of coverage do you get for that? Is your camera covered for nearly anything? You know, droppage, water soaked, theft, or if you happen to have it next to you on the front seat and you have to jam on your breaks & it bites the dust (actually hits the dashboard:lol::lol:) . All of this should be addressed when you get insurance.
In the long run, you may never need insurance. But the peace of mind you have knowing that you're covered is definitely worth it! :):)

[Snapman]

Yes, I have :)

[MattL]

Mine is covered under house and contents insurance. I had to send them valuations and recipts etc for all the gear to get it listed. But theres only a $50NZD excess,and its covered anywhere in the country, for anything, including accidental damage. So even If i drop it in a lake, they will replace it.

Makes me feel alot safer when hanging the camera out the car window at 100kph, or 80meters above the ground abseiling off a cliff.

[Asmodeus]

.
80 cents for $100.00 sounds like a great deal - I would have thought it would be more. What kind of coverage do you get for that? Is your camera covered for nearly anything? You know, droppage, water soaked, theft, or if you happen to have it next to you on the front seat and you have to jam on your breaks & it bites the dust (actually hits the dashboard:lol::lol:) . All of this should be addressed when you get insurance.


I just did the math and it's actually closer to .90/$100 per year ($16k in coverage for $136/yr).

It's a complete loss/damage/theft policy. If I drop the camera while bungee jumping over a river, it's covered :) The policy covers repair costs, as well, if it is something less traumatic. I also include everything camera related on the policy inventory, from the tripods, to the bags, storage devices, etc., as well as the obvious camera equipment.

[JonathanSQ]

Do you need receipts for all of these items?

[Longwatcher]

Do you need receipts for all of these items?

You need some form of proof of value. receipts tend to be the easiest method of deriving proof. At least it works that way with State Farm.

I tried getting my Hassleblad covered, but since I got from my dad I had no receipt so if I want it covered I need to have a proper value assesment done which was not worth the cost in my opinion. just means it can't leave house as it is covered by home owners while in home, but not while away from home. Luckily I don't use it much any more.

[Catd]

Yes, but then again that's my husbands job (property claims for a major insurance company).
We do have a seperate policy. It does depend on the company what your policy covers. But mine does also cover my camera bag, memory card, etc.
It also depends on the insurance if you get dropped or not for filing a claim. Some are better than others.
My policy adds up to $24 a year.

[Asmodeus]

Do you need receipts for all of these items?

Actually my State Farm agent told me they woould prefer the receipts, but would write the policy without them.

[Catd]

They would prefer receipts, but it depends on the company. For example, if a camera lens was a gift, I would take a picture of it! This can be *proof* of ownership. LIke I said, it depends on the company.
They didn't ask for any initial receipts when I wrote the policy.
My homeowners insurance covers my contents (everything I own), but usually you'll have to pay a deductible and may not cover all camera (related) equipment. The rider policy covers EVERYTHING camera related, to my memory card to my camera bag. No deductible.

[chancellor]

nicshow, today I added photo equipment/electronics insurance package to my home policy. It doesn't cost much - something less than $50.00 annually. I believe that the difference between this policy and aforementioned home policies (in my case), this also covers theft not just from the house.

Hope this helps.