December 20, 2014, 07:20:23 AM

Author Topic: Insurance for Camera gear  (Read 12677 times)

Jeffrey

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Re: Insurance for Camera gear
« Reply #15 on: August 13, 2012, 06:00:08 PM »
I have a policy written in the USA through Great American specifically for photographers; owned equipment, rental equipment, liability, and office equipment. The coverage is world-wide and includes travel insurance on equipment. I'm much more comfortable with this policy than with an endorsement on my homeowner's policy. I'm not a pro but have some gear that is expensive.

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Re: Insurance for Camera gear
« Reply #15 on: August 13, 2012, 06:00:08 PM »

preppyak

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Re: Insurance for Camera gear
« Reply #16 on: August 13, 2012, 06:09:39 PM »
I've been wondering about this myself, is it possible to insure my gear if I'm not a homeowner?
I'm not a home-owner either, no problems getting the insurance. As another user mentioned, it might be why my rate was a little higher, but, it could also be that I'm in a big city and my gear is a higher risk of being stolen

cayenne

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Re: Insurance for Camera gear
« Reply #17 on: August 14, 2012, 04:00:09 PM »


The other big thing the photo insurance will do is also give you liability coverage, not just overage for equipment. So if someone falls on your set or something, you're covered. Likewise, if something happens and you lose all the photos for someone's wedding, or something like that, you can be covered for that. Take a look at some of the photography professional organizations, they generally have some deals with various insurance companies for a discount if you're a member.

As a noob...what would be dome good photography organizations for me to join....as suggested above?

Thanks,
C

Aronek

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Re: Insurance for Camera gear
« Reply #18 on: September 03, 2012, 09:39:22 AM »
Would definitely read the fine print... it's not like you can start being careless just because you got the insurance. I don't know if it is really necessary, if you keep everything on you all the time... depends on where you are going to in Europe aswell....

RLPhoto

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Re: Insurance for Camera gear
« Reply #19 on: September 03, 2012, 02:19:25 PM »
I Use Hill & Usher. Good company.

canon816

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Re: Insurance for Camera gear
« Reply #20 on: September 03, 2012, 04:18:32 PM »
I have State Farm personal articles policy, $7.60 per year per $1000 coverage (apparently less than half the cost of 'save money in 15 minutes or less with Geico' :o ), no deductible, full replacement, worldwide coverage for loss/damage/theft/etc.

With any of these 'personal' options (which explicitly state that the gear is not used to make money, and the policies are much cheaper than business policies), you have to be careful submitting claims.  Generally, these policies are linked to your homeowner's/renter's policy, and claims are reported to the CLUE database which tracks such things.  That database is used to determine rates and eligibility for homeowner's coverage, i.e. too many claims and your home insurance rates go up or your policy may be dropped (yes, they can do that!).

+1  I use state farm as well with a personal articles policy.  No deductable.  no questions asked.  Full replacement value coverage.  (i.e. I have a 300mm f2.8 IS lens that I bought for $4500 several years ago.  The replacement for this is now the Version II so I was able to increase my coverage to $7200 on this lens so that if anything happens to it I would get  new replacement lens)


onedelorean

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Re: Insurance for Camera gear
« Reply #21 on: April 11, 2014, 12:24:05 PM »
I know you guys probably already know of this company, but I just just bought some new lenses and wanted to get proper insurance.  I found Film Emporium online and they where most helpful.  Might be worth looking into.  They have lots of good information on their website. 

www.FilmEmporium.com

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Re: Insurance for Camera gear
« Reply #21 on: April 11, 2014, 12:24:05 PM »

johninsanantonio

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Re: Insurance for Camera gear
« Reply #22 on: April 13, 2014, 01:10:50 AM »
Different Insurance companies may call it different names but it's a valuable personal property insurance. BTW State Farm sucks. If your a vet or a government employee or a military dependent then your best option is USAA. My wive is an insurance agent at USAA and no other company can come close to the services or prices they offer. If your going overseas then you will need a international policy which I hate to break it to you but State Farm doesn't offer that. USAA does. If you can't get a USAA membership then you will have to go to progressive, liberty mutual, or American colectors. They are alliance companies of USAA that do international policies. When it comes to Insurance questions my wife is one of the best in her field. Not to sound Biased.

sagittariansrock

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Re: Insurance for Camera gear
« Reply #23 on: April 13, 2014, 03:39:51 AM »
I've been wondering about this myself, is it possible to insure my gear if I'm not a homeowner?
I'm not a home-owner either, no problems getting the insurance. As another user mentioned, it might be why my rate was a little higher, but, it could also be that I'm in a big city and my gear is a higher risk of being stolen

Would you mind sharing what insurance company you use?
I don't mind paying a bit higher, but I am not a home-owner and I have no reason to get renter's either.
However, neither State Farm not Geico offers personal items (or photography gear) insurance without either home-owner's or renter's insurance.
I know there is stand-alone insurance for photography gear in the UK, is there something similar in the US (for non-pros, that is)?
EOS 5DIII, EOS 6D | Rokinon 14mm f/2.8, TS-E 17mm f/4L, EF 24-70mm f/2.8L II USM, EF 35mm f/1.4L USM, EF 100mm f/2.8 Macro USM, EF 135mm f/2L USM, EF 70-200 f/2.8L IS II USM, 1.4x III, 2x III | 600-EX-RT x3 | EOS M + EF-M 22mm f/2

nonac

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Re: Insurance for Camera gear
« Reply #24 on: April 13, 2014, 08:45:30 AM »
Within the last 2 months I insured my gear here in the US through Hill and Usher.  They can develop a policy specific to your needs. I basically started off with equipment coverage (no liability) as I do no work for hire so I don't have the need at this time for liability.  I am covered worldwide for loss, damage, breakage.  I scheduled approximately $15,000 in equipment including post processing equipment.  I have a $500 deductible and my annual premium is $287. I am also covered for up to $10,000 in rented or borrowed(CPS) equipment.
5d Mark III, 7d Mark II, 24mm f/1.4L II, 24-105 f/4L IS, 70-200 f/2.8L IS II, 100 f/2.8L IS macro, 135 f/2L, 3x 600EX-RT, ST-E3-RT, EF 1.4x III

scottkinfw

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Re: Insurance for Camera gear
« Reply #25 on: April 13, 2014, 09:58:44 AM »
Talk to your agent and add it on to your homeowner's and car insurance for best discount.  They will have you list everything, including prices and serial numbers.  Be sure to get a rider that provides for replacement not pro rata payout for loss/theft/damage, etc.

sek
sek Cameras: 5D III, 5D II, EOS M  Lenses:  24-70 2.8 II IS, 24-105 f4L, 70-200 f4L IS, 70-200 f2.8L IS II, EF 300 f4L IS, EF 400 5.6L, 300 2.8 IS II, Samyang 14 mm 2.8 Flashes: 580 EX II600EX-RT X 2, ST-E3-RT
Plus lots of stuff that just didn't work for me

nonac

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Re: Insurance for Camera gear
« Reply #26 on: April 13, 2014, 03:12:36 PM »
Talk to your agent and add it on to your homeowner's and car insurance for best discount.  They will have you list everything, including prices and serial numbers.  Be sure to get a rider that provides for replacement not pro rata payout for loss/theft/damage, etc.

sek

I checked with my agent for my car/housing insurance first.  The cost of the policy was about the same; however, it did not cover accidental breakage which is important to me. Make sure you review the details of the policy carefully.
5d Mark III, 7d Mark II, 24mm f/1.4L II, 24-105 f/4L IS, 70-200 f/2.8L IS II, 100 f/2.8L IS macro, 135 f/2L, 3x 600EX-RT, ST-E3-RT, EF 1.4x III

Northstar

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Re: Insurance for Camera gear
« Reply #27 on: April 13, 2014, 04:22:10 PM »
fyi....just paid State Farm bill for gear insurance two days ago...$187 annually, no deduct, $15k of gear. 

covers lost, stolen, damaged..etc. 
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Re: Insurance for Camera gear
« Reply #27 on: April 13, 2014, 04:22:10 PM »

miah

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Re: Insurance for Camera gear
« Reply #28 on: April 13, 2014, 11:05:22 PM »
You should be able to buy a State Farm Personal Articles Policy as a stand-alone, with no connection to homeowner's or renter's policies. Mine covers 17K with no deductible for $176 annually.

sagittariansrock

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Re: Insurance for Camera gear
« Reply #29 on: April 14, 2014, 12:07:17 AM »
You should be able to buy a State Farm Personal Articles Policy as a stand-alone, with no connection to homeowner's or renter's policies. Mine covers 17K with no deductible for $176 annually.

Unfortunately, none of the State farm agents in Houston agreed to a stand-alone policy. I think it differs by location and the agent involved.
EOS 5DIII, EOS 6D | Rokinon 14mm f/2.8, TS-E 17mm f/4L, EF 24-70mm f/2.8L II USM, EF 35mm f/1.4L USM, EF 100mm f/2.8 Macro USM, EF 135mm f/2L USM, EF 70-200 f/2.8L IS II USM, 1.4x III, 2x III | 600-EX-RT x3 | EOS M + EF-M 22mm f/2

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Re: Insurance for Camera gear
« Reply #29 on: April 14, 2014, 12:07:17 AM »