Reader's Comments - Index of - Free

Camera and Equipment Insurance
all the equipment as well and left it with him. Four days later i recieved the updated
policy and to my surprise discovered that there was a ZERO deductable and it was a no
hassle coverage ( As i requested ) and get this $26.00 per year on top of my home policy.
Good deal or what?
-- Michael Borisko, August 1, 2000
The original article discused costs for personal articles floaters/riders on a homeowners
policyin the range of $1.35 to $1.75 of value. I suspec that rates such as that are for urban
areas where the acturial risks are relatively high. I mentionthis because the rates I have
paid for years are much lower. Currently I am paying $0.13 per $100 of value for
photographic equipment. Check with yoru insurance agent or broker. Even at $1+ this is
relatively inexpensive insurance.
-- Ted Harris, August 4, 2000
I'm a "wanna be" professional photographer, still in the infancy stages of building a
business. I contacted our personal insurer - USAA - about covering my gear. They don't
insure equipment or inventory for business, so transferred me to their "General Agency"
division. Their base coverage was $350 a year, and covered up to $15.0 at CASH value,
not replacement value, with a $250 deductible. any suggestions who to call?
I also hadn't even thought about insuring the office equipment! I've just added a CD RW
and a photo printer. Guess I better check those out also.
-- Steph Thompson, August 10, 2000
If you are not using your photographic equipment as "professional" equipment, you can
add it to your homeowners/renters policy as a rider, usually with little or no deductible
but it's only covered if it's "non-professional use" and it's covered for it's stated value so
make absolutely certain you know what it will cost you to replace the equipment. Keep
http://www.photo.net/learn/insurance (9 of 12) [5/15/2002 7:16:03 PM]