I wouldnt waste money on insurance unless I owned VERY expensive gear, you pay every year & most likely will never need to make a claim.
I agree that if you own lots of lenses then UV filters for all can be expensive, but most of us dont have 12+ lenses.
From what I can see UV filters are either love em or hate em, some people tend to snub them & even sound a little UV phobic!!
This is something that can go on forever, I know & can honestly provide proof that in my setup a UV has totally ZERO effect on my images, the summer is over now here but out of every shot I took not once have I had to take my UV off because of any problems.
The protection side is without question, some can say they have gone for 30 years or whatever & never had any problems, all I can say is thats very good, but there are times when things can happen no matter how careful you are, I know my UV was damn hard to get clean after being on a beach in Spain last year, greasy specs, sea mist, it was a mess!! it took a few goes with a cleaner fluid to get it sparkling again, my lens however was nicely protected.
Im extremely fussy with my equipment, maybe thats why I choose to protect the lens with a replaceable filter, im not saying those that dont use them chuck their gear around, but to say that IF they had any problems they would send it away for repair under the insurance, well lets just say I wouldnt want my lens being put through the postal system & pulled apart by a not so fussy repair engineer, even a slight mark & I am upset, im obsessed!! lol..
In this country you have to pay an excess as well with insurance, they wont pay it all for you, so I dont bother with that, its not a con but its not exactly cost effective, but then I take care of my stuff so insurance isnt needed.
Nick 