camera insurance $$$ ouch!

[triggersnappy]

hi all,

just out of interest... how much inurance is everyone paying for their equipment a year?

and anyone got a recommendation for a company in Australia? i'm still shopping around for one at the mo...

[johnnybfan]

I'm not paying anything extra for my camera insurance. I have $250.00 deductible that covers any loss (over $250.00) that is included with my homeowners insurance. I've checked twice to make sure that if my camera gear is lost in total (all of it) that I am covered for all of it. I was shocked that my homeowners coverage would be that good. I do have separate policies for my computers that costs me about $15.00 a year. I know this is total coverage because my son's laptop died last year and my insurance covered a replacement for it. That alone paid out more than I've paid for coverage total.

[johnnybfan]

By the way, shouldn't this be in different forum?

[NickSimcheck]

If it's personal use, homeowners insurance should cover it - However this is speaking for the united states.

But if it's business use, it's not covered in homeowners insurance.

[ShotByTom]

$35 for up to $2500 with no deductible. Next week I'm raising my coverage though, I think it will be around $60 for $5,000.

[ANGUS]

Cost me $0 for up to $100,000 Cover no items need to be itemised and i have no deductable, Covered for loss, damage, theft, fire, rain, Other "Acts of God" and even my own stupidity. Did i mention cover is world wide and it is for a new replacement on any item, oh and i am allowed to keep the damaged one. All through my dads extensive home insurance plan (And yes i can use them for profesional/business use) not sure of the company though.

[jw1047]

I have my 300D and MVX150I (video) covered through AAMI for 'off the premises" (in car..on holidays etc) cover and it is not cheap...
Normal H/Hold covers the items while in the yard..

James

[ekie]

im paying about $90/year for almost $7k worth through state farm

[GA_Teg]

I am paying $200 a year for just over $13k. It is a personal articles floater that was done and is a $0 dedutible. With going more commercial now I am looking at $500 a year for $14k coverage and a $1 Mill lilability coverage which is required by some clients. All this is through State Farm

[hawk911]

State Farm also, and I've got commercial colverage due to newspaper submissions. Covered for $4mill, and it covers all my gear ($3K) for $19.00 a month

[NickSimcheck]

State Farm also, and I've got commercial colverage due to newspaper submissions. Covered for $4mill, and it covers all my gear ($3K) for $19.00 a month


$4 Million is a little overkill ain't it? I mean, in my business most companies want to see proof of (no more then) $1 Million insurance.

[SoaringUSAEagle]

$4 Million is a little overkill ain't it? I mean, in my business most companies want to see proof of (no more then) $1 Million insurance.

Depends where you are. I know in upscale places in CA, some hotels and whatnot require at least 3M liability.

My gear is roughly $230ish a year. Covered anywhere in the world, no deductible. And thats for Just under $18k worth of gear insured. I basically insure anything thats $500 or more when it comes to my gear.

[Jim G]

I do mine through AAMI along with my home insurance - 80k or so of coverage for the home contents and up to.. er.. $13k or something of my camera gear, covered anywhere in Australia and for up to a month overseas or somesuch like that?

I'm gonna call them in the coming week to discuss changing the way it works, though.. it's about $600/year at the moment and I'm wondering if I can't get it cheaper by doing it as though it's for work and not pleasure as I'm doing more paid work now and could qualify.

[SBK1]

I dind't even think about getting insurance on lens'. wonderful........another expense

[hawk911]

$4 Million is a little overkill ain't it? I mean, in my business most companies want to see proof of (no more then) $1 Million insurance.

It was the same price for $1mill or $4mill so I took 4. I should note, this is commercial insurance with $4mill liability. Ya never know when the wrong papparazzi photo will come out of your camera ;)

[Bignerd]

The advantage of my additional camera insurance is that it covers everything from lost equipment to broken equipment. I figure it is well worth a few dollars a year payment to guarantee that nothing will break. I have a special add on to my homeowners with AAA in California.

[blackshadow]

About $700/year for $20K worth of gear in Australia/NZ - this is professional insurance and covers breakage, theft etc.