I did not put my gear insurance on my homeowners and yes, it is $500 a year, so not cheap, but it covers everything including students I will have. My thinking is, anything can happen, and will happen sometime. I travel with my equipment and I am not the most coordinated person, I drop things or lose things. I can almost control those issues, but if I lost my gear to theft, I'd be very sad and it wouldn't be right to have to pay to replace. Insurance is there for that. And I didn't want to attach liability to my home. My coverage is excellent and I recommend Zurich Small Business. They are international.
