Insuring your camera gear

homerun_homer

A friend of mine keeps getting on to me to get my kit insured since my lens' are getting more and more expensive each time I get a new one. It's a fair enough point to make but I don't own a home, renting so I can't claim it under house insurance.

I'm just wondering what everyone else who would be in the same boat does? Do you insure your gear and if so through who/how much roughly?

trishw78

Here is one thread:Camera Insurance

FX Meister

You can get renters insurance and add your camera gear to the policy. Renters insurance is pretty cheap as you only really pay for contents insurance and not building reinstatement

MartMax

At the moment, I've no income or commercial use of my gears so I include my equipment under house contents insurance with 123.ie. I'm renting the apartment and they definitely allow contents only policy to tenants. 123.ie also offers a repayment plan over 10 months, so there's no need to pay a lump sum premium payment. Of course, there's interest but not substantial.

Make sure that you list all items above certain amount under specified items. Carefully read the policy terms, for e.g. 123.ie only cover a maximum 10% of the total cover, for the value of one unspecified item. Say your total cover is 5,000 euros any particular item that is not on the specified list will be covered up to 500 euros only.

You can also try Aaduki Multimedia, they are based in the UK but offer ROI and worldwide cover too if you want specific insurance on camera and video equipment regardless whether you are amateur, hobbyist or professional.

kensutz

Photo Shield in the UK are probably one of the best companies to deal with. They also allow you to do a direct debit scheme if you don't want to pay out in a lump sum.

CabanSail

There is also a user here, Balfrey1972, who has a listing in the Services Thread which is sticky at the top of this forum.

Rb

Aaduki are very competitive in terms of price, the website doesn't look great and I can't find many reviews on their dealing with a claim from Google either though.

smelltheglove

As per ken above I use photoshield, everything insured, I can add items whenever I upgrade and pay monthly is a great option. I am covered professionally with public liability and professional indemnity along with all the gear, laptop and printers so quite handy.

fade2che

Has anyone any experience with a claim, positive or negative?

Balfey1972

CabanSail wrote: »

There is also a user here, Balfrey1972, who has a listing in the Services Thread which is sticky at the top of this forum.

Hi Guys, we have the same underwriter, rates and covers as aaduki in the UK and are based here in Ireland. In addition you can also take out legal expenses cover for an extra €20 which is extremely valuable as it gives you legal advice and representation to do with any aspect of your business. It will also cover your accountant’s fees if you happen to be hit with a revenue audit.

As a general rule, if you do not earn any income from your photography specify it on your household insurance.

If you earn an income from your photography no matter how small, get specialist cover and make sure you have public liability cover. If you do weddings you should consider professional indemnity.

Don't hesitate to drop me a pm if you have a question or query. Our website is www.camerainsurance.ie.

Also if you have a claim and need some advice no matter who you are insured with please feel free to give me a call.

Derek.

LeoB

I would imagine It is well worth having your gear insured in these times with the amount of oppertunistic robbery that is going on.

It seems a no brainer not to be insured if you are doing a few jobs with your gear.