Do You Insure Your Camera Equipment?
I've posted before about my policy insuring my photography equipment. I spent some time yesterday updating my 'inventory list' for the insurance company to make sure that everything is covered in case of accident or theft. This is something that I do a few times a year. By keeping a detailed list with model numbers, replacement cost and serial numbers (and providing this list to the insurance company) I feel confident in knowing what I am insuring and that I have sufficient coverage.
I thought I'd share this today to either serve as a reminder for other photographers to update their insurance policy to make sure all their equipment is covered or to maybe motivate those without coverage to look into getting it.
Obtaining insurance is relatively inexpensive to do. Taking into account the amount of my annual premium, I could easily pay it for over 25 years before having a loss and still come out ahead. Given the recent thefts of cameras in Salt Lake City, I think there is now more reason than ever to insure your gear.
Canon 5D, Canon 24-105 f/4L lens - 1/640 second, f/6.3, ISO 160
Labels: tutorial
3 Comments:
Thanks for the post! Would you be willing to suggest a company to insure with? I've read that it should be separate company than the one you use for home or renter's insurance as a claim on the photo insurance might raise the rates of the other. It for this reason that I haven't insured my equipment yet.
Good question John. My studio/business/equipment insurance is all through State Farm. My annual premium is under $400. This is a different company than my home/vehicle insurance, but only by chance - nothing that I strategically planned.
I have my equipment insured through State Farm as well. It's just the personal articles policy. I've never had to file a claim so hopefully they're worth it. Having piece of mind the insurance offers is worth the cost alone.
Post a Comment
<< Home