BetterPhoto Q&A
Category: New Questions

Photography Question 
Angie M. Nemanic
 

INSURANCE FOR PHOTO EQUIPMENT


I'm currently getting insurance quotes for my photo business. I do landscape and portrait. The one thing that doesn't seem to be covered is if I drop a lens or for breakage. Is there any insurance that covers if I'm on a shoot and I drop a lens or it falls in the river. It seems if someone else damages my equipment, I'm covered, but I accidently damage it, it's not covered.

Help!!


To love this question, log in above
8/11/2005 10:50:59 AM

 
Irene Troy
BetterPhoto Member Since: 5/27/2004
  Hi Angie -

I list my equipment on a special rider under my homeowners insurance. I list the make/model of all equipment, the serial #'s (on cameras but not lenses) and the replacement value. I am covered for theft, damage, loss and breakage. The up-cost per year is less than $50 and well worth the cost. My local agent helped me complete all the paperwork. In the five years that I have done this I have made only one claim and that one was because someone stole a camera from my car. The company paid out within 10 days and, wonder of wonders, my premiums did not increase. Hope this helps.

Irene


To love this comment, log in above
8/11/2005 11:47:20 AM

 
Angie M. Nemanic   Irene,
Thanks for the info. Who is your insurance with. Mine won't even give me a rider. They say insurance companies don't want to cover camera gear.

Thanks...


To love this comment, log in above
8/11/2005 1:40:36 PM

 
Joan Bellinger   Angie, I have Nationwide insurance and my agent was kind enough to come out and take pictures of all of my cameras - still, lenses and video. They insured my Land Cameras from the 60's, but wouldn't do my collectibles like myh box cameras and autographics. I checked the internet for average prices for all my equipment.


To love this comment, log in above
8/11/2005 2:30:32 PM

 
Sharon  Day
BetterPhoto Member Since: 6/27/2004
Contact Sharon
Sharon 's Gallery
  I have State Farm and they wanted $1.12 per hundred to insure mine.


To love this comment, log in above
8/12/2005 5:19:22 AM

 
Marquee Smith
BetterPhoto Member Since: 11/17/2004
  I have State Farm. My agent said up to $5,000 in equipment is covered under my homeowners insurance as long as photography is a hobby. If I switch it to a business then I need a separate rider policy.

Irene, why don't you list the make/model, serial #, replacement value info for your lenses?


To love this comment, log in above
8/12/2005 8:07:42 AM

 
Sharon  Day
BetterPhoto Member Since: 6/27/2004
Contact Sharon
Sharon 's Gallery
  An office worker in my State Farm office told me there was no limit as cameras are considered personal property, but I've been told I have a $5,000 limit as well. I tend to believe the $5,000 limit. It does not cover accidental damage to the camera.


To love this comment, log in above
8/12/2005 10:04:02 AM

 
Irene Troy
BetterPhoto Member Since: 5/27/2004
  Angie - my insurance company is Commerce Insurance. They are located in Boston.

Okay, I was unclear in how I list equipment: I do list my lenses - it's just that some lenses do not have serial #s. I list model, make and replacement value for everything including lenses. Sorry if that was confusing in my original post.

Irene


To love this comment, log in above
8/12/2005 11:47:01 AM

 
Marquee Smith
BetterPhoto Member Since: 11/17/2004
  OK Irene, I got it now...

Marquee


To love this comment, log in above
8/13/2005 8:47:16 AM

 
Anita Ott
BetterPhoto Member Since: 5/5/2005
  Angie, I have Farm Bureau insurance and I also carry my camera on a rider policy. It cost me $22 a year and covers EVERYTHING... theft, damage, lost, breakage etc. Very well worth the $$. I have lots and lots on my rider policy ie; guns, jewelry, horse saddles, guitar etc. A must have for such a small price. Normally they only want an appraisal or purchase receipt, that is all. Hope this helps!


To love this comment, log in above
8/13/2005 9:04:14 AM

 
Angie M. Nemanic   Thanks everyone for the response. This information helps me a lot!!!!

Angie


To love this comment, log in above
8/14/2005 2:11:53 PM

 
Log in to respond or ask your own question.