Insurance -- the big discussion thread

Noah Hayes · February 16th, 2007, 10:19 PM

I've looked on the site, looked on other sites...I just can't find any company that offers traveler's insurance for camera gear in the US (found several in the UK)...theres easily 40 different sites saying "GET INSURANCE!" but they don't reccommend any companies. The only places I found would only cover up to $250 per item up to $500 total.

Basically I'm going on a trip (personal, not business) out of the country begining of March, and I want to cover my photography gear (not interested in hauling my FX1 around) against theft. I'm only going to be gone for 10 days, but I have like $4000 worth of gear that I'll be carrying around (afterall, I bought the stuff to get good pictures, why would I take a $250 point and shoot on vacation with me? right?)

Has anyone taken their stuff on vacation with them and purchased insurance for their trip?

A huge plus would be a company that I could purchase business insurance for that would also cover me out of the country even when I'm not using the equipment for business, but thats REALLY hoping for a lot.

I'd welcome any ideas. Thanks!

Boyd Ostroff · February 16th, 2007, 10:56 PM

Look a little closer :-) There's been plenty of insurance discussion here:

http://www.dvinfo.net/conf/showthread.php?t=60744
http://www.dvinfo.net/conf/showthread.php?t=59436
http://www.dvinfo.net/conf/showthread.php?t=53920
http://www.dvinfo.net/conf/showthread.php?t=10475

I have State Farm for my home and car, and my agent was able to get reasonably priced coverage for a trip to South America without a problem. Just explain exactly what you're trying to accomplish to your agent. Personally I think it makes sense to use the same company you already have for your other policies. FWIW, after doing some research the kind of coverage my agent chose was called an "Inland Marine Policy."

Noah Hayes · February 25th, 2007, 09:34 AM

Uhmm, still looking for a solution. Don't have the option of doing the homeowners insurance add-on , RVNuccio don't cover anything outside of the US...thats pretty much all that was discussed on the links you gave Boyd. Any other ideas from anyone out there? I found a seemingly great company called E&L which covers EXACTLY what I want, but they only cover UK citizens.

Boyd Ostroff · February 25th, 2007, 10:37 AM

Talk to a State Farm agent. Mine was able to find coverage after doing a little research. As I said, they sold me an "Inland Marine" policy.

Erik Norgaard · March 26th, 2007, 11:53 AM

Hi:

I know this question has come up a few times, I have read the threads, but I haven't found any links to companies that will do business in my country. I had a gear insurance in Denmark with www.europaeiske.dk - covered worldwide, the whole year for about 7% of the value of the equipment.

But, now I live in Spain and the Spanish sister company offers no such insurance.

Any suggestions on companies that operate in Spain or will sign EU/world wide?

Thanks, Erik

John Hewat · April 23rd, 2007, 06:30 AM

Hello,

I'm finally making a move to get insurance for my Z1 and all accessories.

I'm getting enough business to have it out of the bag more than it's not so I've decided to cover it.

I'm looking for someone to recommend to me a good company in Austrsalia (preferably Victoria) that covers this sort of gear.

Is there anyone out there that can make a suggestion? I'm having a lot of trouble finding a good company.

Thanks,
-- John.

Larry Chapman · April 23rd, 2007, 09:36 PM

I'm having a difficult time finding an insurance company to write me a standard business policy to cover business assets and give me some level of liability coverage. So far three large companies have said "We do not write business policies for video production". Right now I have an Inland Marine policy for about $1100/yr that just covers my equipment.

Can someone point me to an insurance company that can help me?

Don Bloom · April 24th, 2007, 05:43 AM

By business assets are you referring to gear or???

If you ARE refering to gear RVNucciodotcom will cover gear and set up a liability policy for you for a fairly reasonable yearly premium.
They are not set up to handle say a film or video production but offer good solid protection on gear and liability.
BTW, search thru this forum and I think you'll find number of other threads relating to this subject with a number of other suggestions as well.
HTHs

Don

Larry Chapman · April 24th, 2007, 06:47 AM

Quote:

Originally Posted by Don Bloom

By business assets are you referring to gear or???

If you ARE refering to gear RVNucciodotcom will cover gear and set up a liability policy for you for a fairly reasonable yearly premium.
They are not set up to handle say a film or video production but offer good solid protection on gear and liability.
BTW, search thru this forum and I think you'll find number of other threads relating to this subject with a number of other suggestions as well.
HTHs

Don

I went to rvnuccio.com and tried to apply on-line. For some reason I got pop-ups saying that I didn't meet the requirements, it did not give details. I'll call them today.

Don Bloom · April 24th, 2007, 07:52 AM

Hmmmm, it sounds like perhaps not all the needed info was input on the forms.
It can be a bit tricky-i would go back and make sure everything was filled out.
Also when you call, you might wind up leaving a message but they're fairly responsive when returning calls.

Good luck,

Don

Larry Chapman · April 24th, 2007, 09:49 AM

I just submitted my app to them again and this time got these errors:

This application is not eligible for submission because of the answer(s) to the following question(s):
Commercials = TRUE
Free Lance Photography and/or Videography = TRUE
Infomercials = TRUE
Sports Photography and/or Videography = TRUE
Video Productions = TRUE

Seems to me that they will only cover "event videographers".

Tim Brown · April 24th, 2007, 10:49 AM

You are correct Larry. I called them late last year about coverage but was told that because I shoot commercials, they could not cover me. Only event videographers need apply. I can't recall the name of the representative that I spoke with, but she was adamant about only covering event professionals.

I ended up going the route of a local provider and talking to them about my specific needs and I was more than happy with the results and coverage they were able to provide.

Tim

Reid Bailey · April 24th, 2007, 11:04 AM

I went with nuccio for event coverage last year. I recieved quotes from three different companies, and they all underwrote the same insurance carrier. There were marginal differences in the price.

My local rep would handle the event stuff but I think they will handle it as a business. Sell your self as a commercial company or a wedding video company, maybe a marketing/ad company.

Stay away from "film production" company etc.

And even the event insurance is limited in their coverage. No stunts, no pyrotechnics, no rap videos...

Scott Hayes · April 25th, 2007, 06:49 AM

contact your regular insurance company about a policy. I am with
State Farm, and have a great policy with them that covers my gear in
and out of the house, along with a 1mil liability policy. Costs about $500 per
year.

Steve House · April 25th, 2007, 08:48 AM

Quote:

Originally Posted by Scott Hayes

contact your regular insurance company about a policy. I am with
State Farm, and have a great policy with them that covers my gear in
and out of the house, along with a 1mil liability policy. Costs about $500 per
year.

Mmmm, but does it cover you if you're engaged in a business activity? Regular homeowners may cover losses of equipment etc for hobby activities but as soon as it becomes a business, even a home based business, it's no longer covered. Theft of your $1000 camcorder from your car while on vacation is one thing, but theft of $25000 worth of audio and video gear from a van with "Joes Wedding Video's" painted on the side is going to present you with a problem convincing them it's only an unpaid hobby <grin>.

February 16th, 2007, 10:19 PM	#316
Noah Hayes Major Player Join Date: Jun 2005 Location: Sterling, Virginia Posts: 226	Travel Insurance for Gear I've looked on the site, looked on other sites...I just can't find any company that offers traveler's insurance for camera gear in the US (found several in the UK)...theres easily 40 different sites saying "GET INSURANCE!" but they don't reccommend any companies. The only places I found would only cover up to $250 per item up to $500 total. Basically I'm going on a trip (personal, not business) out of the country begining of March, and I want to cover my photography gear (not interested in hauling my FX1 around) against theft. I'm only going to be gone for 10 days, but I have like $4000 worth of gear that I'll be carrying around (afterall, I bought the stuff to get good pictures, why would I take a $250 point and shoot on vacation with me? right?) Has anyone taken their stuff on vacation with them and purchased insurance for their trip? A huge plus would be a company that I could purchase business insurance for that would also cover me out of the country even when I'm not using the equipment for business, but thats REALLY hoping for a lot. I'd welcome any ideas. Thanks!

March 26th, 2007, 11:53 AM	#320
Erik Norgaard Major Player Join Date: Mar 2007 Location: Madrid, Spain Posts: 238	Gear insurance in Europe Hi: I know this question has come up a few times, I have read the threads, but I haven't found any links to companies that will do business in my country. I had a gear insurance in Denmark with www.europaeiske.dk - covered worldwide, the whole year for about 7% of the value of the equipment. But, now I live in Spain and the Spanish sister company offers no such insurance. Any suggestions on companies that operate in Spain or will sign EU/world wide? Thanks, Erik

April 23rd, 2007, 06:30 AM	#321
John Hewat Major Player Join Date: Dec 2005 Location: Melbourne, AUSTRALIA Posts: 735	Camera Insurance in Australia - Any Recommendations? Hello, I'm finally making a move to get insurance for my Z1 and all accessories. I'm getting enough business to have it out of the bag more than it's not so I've decided to cover it. I'm looking for someone to recommend to me a good company in Austrsalia (preferably Victoria) that covers this sort of gear. Is there anyone out there that can make a suggestion? I'm having a lot of trouble finding a good company. Thanks, -- John. __________________ John Hewat Mammoth Media Productions

April 23rd, 2007, 09:36 PM	#322
Larry Chapman Regular Crew Join Date: Mar 2007 Location: Fort Collins, CO Posts: 94	Business Insurance Policy? I'm having a difficult time finding an insurance company to write me a standard business policy to cover business assets and give me some level of liability coverage. So far three large companies have said "We do not write business policies for video production". Right now I have an Inland Marine policy for about $1100/yr that just covers my equipment. Can someone point me to an insurance company that can help me? __________________ -- Larry Chapman

April 24th, 2007, 09:49 AM	#326
Larry Chapman Regular Crew Join Date: Mar 2007 Location: Fort Collins, CO Posts: 94	I just submitted my app to them again and this time got these errors: This application is not eligible for submission because of the answer(s) to the following question(s): Commercials = TRUE Free Lance Photography and/or Videography = TRUE Infomercials = TRUE Sports Photography and/or Videography = TRUE Video Productions = TRUE Seems to me that they will only cover "event videographers". __________________ -- Larry Chapman

February 16th, 2007, 10:56 PM	#317
Boyd Ostroff Wrangler Join Date: Dec 2002 Location: Mays Landing, NJ Posts: 11,798	Look a little closer :-) There's been plenty of insurance discussion here: http://www.dvinfo.net/conf/showthread.php?t=60744 http://www.dvinfo.net/conf/showthread.php?t=59436 http://www.dvinfo.net/conf/showthread.php?t=53920 http://www.dvinfo.net/conf/showthread.php?t=10475 I have State Farm for my home and car, and my agent was able to get reasonably priced coverage for a trip to South America without a problem. Just explain exactly what you're trying to accomplish to your agent. Personally I think it makes sense to use the same company you already have for your other policies. FWIW, after doing some research the kind of coverage my agent chose was called an "Inland Marine Policy."

February 25th, 2007, 09:34 AM	#318
Noah Hayes Major Player Join Date: Jun 2005 Location: Sterling, Virginia Posts: 226	Uhmm, still looking for a solution. Don't have the option of doing the homeowners insurance add-on , RVNuccio don't cover anything outside of the US...thats pretty much all that was discussed on the links you gave Boyd. Any other ideas from anyone out there? I found a seemingly great company called E&L which covers EXACTLY what I want, but they only cover UK citizens.

February 25th, 2007, 10:37 AM	#319
Boyd Ostroff Wrangler Join Date: Dec 2002 Location: Mays Landing, NJ Posts: 11,798	Talk to a State Farm agent. Mine was able to find coverage after doing a little research. As I said, they sold me an "Inland Marine" policy.

April 24th, 2007, 05:43 AM	#323
Don Bloom Inner Circle Join Date: Jan 2003 Location: Chicago, IL Posts: 6,609	By business assets are you referring to gear or??? If you ARE refering to gear RVNucciodotcom will cover gear and set up a liability policy for you for a fairly reasonable yearly premium. They are not set up to handle say a film or video production but offer good solid protection on gear and liability. BTW, search thru this forum and I think you'll find number of other threads relating to this subject with a number of other suggestions as well. HTHs Don

April 24th, 2007, 07:52 AM	#325
Don Bloom Inner Circle Join Date: Jan 2003 Location: Chicago, IL Posts: 6,609	Hmmmm, it sounds like perhaps not all the needed info was input on the forms. It can be a bit tricky-i would go back and make sure everything was filled out. Also when you call, you might wind up leaving a message but they're fairly responsive when returning calls. Good luck, Don

April 24th, 2007, 10:49 AM	#327
Tim Brown Major Player Join Date: Jan 2003 Location: Richmond, Virginia Posts: 263	You are correct Larry. I called them late last year about coverage but was told that because I shoot commercials, they could not cover me. Only event videographers need apply. I can't recall the name of the representative that I spoke with, but she was adamant about only covering event professionals. I ended up going the route of a local provider and talking to them about my specific needs and I was more than happy with the results and coverage they were able to provide. Tim

April 24th, 2007, 11:04 AM	#328
Reid Bailey Major Player Join Date: Jul 2004 Location: Fredericksburg, Va Posts: 220	I went with nuccio for event coverage last year. I recieved quotes from three different companies, and they all underwrote the same insurance carrier. There were marginal differences in the price. My local rep would handle the event stuff but I think they will handle it as a business. Sell your self as a commercial company or a wedding video company, maybe a marketing/ad company. Stay away from "film production" company etc. And even the event insurance is limited in their coverage. No stunts, no pyrotechnics, no rap videos...

April 25th, 2007, 06:49 AM	#329
Scott Hayes Major Player Join Date: Sep 2003 Location: Lexington, KY Posts: 692	contact your regular insurance company about a policy. I am with State Farm, and have a great policy with them that covers my gear in and out of the house, along with a 1mil liability policy. Costs about $500 per year.