What's the point of a per occurrence deductible, even? Would it be cheaper to pay for repairs yourself than the monthly premium?
Depends....my yearly premium is around $750 or so...and that's covering over 35k in camera gear....worldwide and it gives me business insurance as well with a few million in liability etc..
my 5D3 died...Canon quoted like 800 to repair it..I was going to eat the cost...then Canon said they can fix it...so I did insurance.. I paid 500, to get a brand new 2500 camera body..it could be said I also paid +750 cause my policy, but still..I ended up on top..Next year my policy will go up around 150 more a year, because of that claim, but then go back down....
now insurance would really be worth it if say my house burnt down, my car got wrecked or broken into and all the gear got taken..$500 and all my gear back