Is Camera Insurance Necessary?

lost camera of the forest

 

Imagine the following scenario: You’ve finally leaned into your approaching middle age and along the way, you’ve discovered your love for hiking (it’s just walking, but in nature!). You’ve set off on a hike in picturesque Mount Mitchell, North Carolina, camera in hand. You snap some shots of the spruce-fir forest, an impressive view that has been known to trigger extreme FOMO when it comes up in your Instagram feed. Now it’s your turn to experience it. Click. 

 

Mount Mitchell

 

 

During lunch, you look forward to going through all the shots on your DSLR camera. As you set down your sandwich and reach for the camera, it’s… not there. It’s at that moment that you realize you lost it. Oh no. 

It’s bad enough that all of your photos are lost, but the cost of replacing your Canon will definitely put all of your future hiking trips on hold. You may need to sell your mountain bike now!

But there are ways to avoid paying out of pocket for your lost or stolen camera.

 

Get a free quote from Insurious, you can get coverage to secure your equipment now:

Camera Equipment Insurance

 

 

 

 

Is damage to your camera covered by general liability insurance?

 

Do you already have homeowner or rental insurance? If so, you’re one of the over 50 million Americans whose stuff is covered while at home. Good for you! But if your stuff get lost, damaged or stolen while outside of your place of residence you are not covered. Bad for you!. 

 

 

What does general liability insurance not cover?

 

If you cause damage to your own belongings, it isn’t covered by contents insurance. This is called “first-party loss”. So, if you accidentally spill your latte on your camera, or drop it in a canyon when you try to capture that perfect shot – it’s not covered. 

Also, if you use your camera for business-related purposes, then damage probably isn’t covered by your insurance either. 

 

 

How much is the refund? 

 

Home contents insurance is a so-called replacement value insurance. That means, in the event of an accepted claim, you would be reimbursed for the replacement value, which is the amount the same camera would cost in the store if you were to buy it again today. So-called unappreciated depreciation.

 

 

What if something happens to my camera when I’m away from home?

 

Another big advantage of house contents insurance is off-premises coverage.

Off-premises coverage is part of your homeowner policy, and it covers your stuff if it’s stolen or damaged outside of your home. For example, if someone snatches your camera from your locked hotel room, you’d be covered. 

Worth noting: Off-premises coverage is usually limited to 10% of the total amount insured. So if you have 30,000 euro of coverage, the external insurance will only cover up to 3,000 euros.

What happens if someone steals your camera equipment from inside your car? 

In most cases, electrical equipment, including cameras, isn’t included in car burglary coverage. However, it’s important to read the fine print of your insurance policy to really understand your coverage. 

 

 

The Insurious Anti-Theft Package 

 

If you buy an Insurious camera equipment policy, you get Anti-Theft coverage automatically in the USA without any additional cost and Worldwide for a small added cost. With this, your belongings are protected against theft from anywhere in the world. If your claim gets approved, you’ll get reimbursed for up to the amount insured not the depreciated value.

It makes no difference to Insurious what type or how old your camera is when you apply for coverage. Your stuff is covered from the moment you buy the policy. BTW, with Insurious you get automatically, the lowest possible deductible of only $200. 

Apart from Homeowners’ or Rental insurance (with or without the Anti-Theft Package) – it’s worth checking if the camera company or distributors might cover damage to your favorite camera. More on this topic below…

 

 

What does the distributor’s warranty &  manufacturer’s warranty cover? 

 

Here’s the good news:  Because your digital camera is considered electronic, it comes with a distributor’s warranty of 12 months. But what exactly does that mean? 

A distributor’s warranty generally covers production, material, and design defects.  But this warranty only applies if your camera was defective from the start. If you bought a defective item, the refund falls under the responsibility of the seller or distributor, like Media Markt or Amazon. You can contact the store and request a repair, or if it’s completely defective, you can request a new device entirely. 

Pretty straightforward, right? 

If it’s been less than six months since you bought the camera, you shouldn’t run into any problems with the distributor. After six months, however, you will be required to demonstrate that the camera was defective from the start, which could be tough to prove.  

 

 

What about the manufacturer’s warranty?

 

You usually get a manufacturer’s warranty on an item for either one or two years  – but the specific terms of the warranty are unique to the manufacturer.

 If something happens to your camera within the first one or two years after purchase (including any damage you may have caused yourself), you can contact the manufacturer. Rechargeable batteries are usually excluded from this warranty. 

That brings up the question you’ve all been waiting for: 

 

 

So, what does professional & photography insurance cover?

 

Here’s what’s covered by professional & photography insurance: Your camera, portable video equipment (digicam and camcorder), and photography equipment, such as lenses, shutters, and tripods.

In addition to your personal cameras, coverage often includes cameras and photographic equipment used purely for business purposes. 

 

 

What type of damage is covered?

 

Usually, professional insurance covers your camera for the following:

  • Drop and breakage-related damage
  • Liquid and water damage
  • Operating errors
  • Short circuit, lightning strike, fire & overvoltage
  • Construction defects
  • Theft, burglary, and robbery (some providers require that the camera was stolen from a secure area for this coverage to apply).

With any insurance coverage, it’s important to check the terms and conditions of the policy to decide if the coverage makes sense for you. 

Find coverage that fits your lifestyle: If you spend a lot of time outdoors, it doesn’t make sense to choose insurance that doesn’t cover breakage.

Know when coverage starts: Check if there is a 4-week waiting period between buying the insurance and activating the coverage.

Good to know: Cameras older than 12 months don’t qualify for coverage from most insurers. 

Before we go any deeper, you should ask yourself the following questions: 

  • How much did your camera cost? Would it be worth it for you to invest in insurance on a monthly basis to cover it? 
  • If your camera was damaged or stolen, how financially devastating would replacing it be?

And now for the moment, you’ve all been waiting for: 

 

 

Is it worth it to get camera insurance?

 

According to experts, if your camera isn’t worth more than 500 euros, special camera insurance is probably not a savvy financial move for you. 

According to Chip, the insurance only becomes worth the cost when the value of the camera is over 1,000, if not 1,500 dollars. Professional photographer David Köster agrees, saying that the insurance only really becomes necessary when the value of the camera plus the camera equipment is in the four-figure range. 

It’s not just the price off the shelf that counts, it’s also about how much gets reimbursed if you file a claim. When figuring out your coverage, make sure that you get back the replacement cost. With some insurance providers, after two years they will only reimburse the actual cash value. You can think of that as the Ebay price of your camera. 

As you may have guessed, the difference between replacement value and actual cash value can be pretty significant. 

And while you’re comparing policies and crunching the numbers, be sure to check if your insurance includes a deductible or not. Most insurance companies start at $500.

 

 

Summary

 

If you have a very expensive camera and accessories that you often use outdoors, then camera insurance might be worth it for you. Be aware of the limitations of professional and general liability insurance coverage and don’t be shy to discuss coverage directly with your insurance company if you have any questions. We designed an active live chat just for that.

If you have a mid-priced camera, the coverage provided by the distributor’s and manufacturer’s warranty in addition to your contents insurance policy is probably enough. 

Insurious offers specialized camera insurance at this time and has got your camera equipment covered.

 

Get a free quote in seven-minute or less:
Camera Equipment Insurance

 

Article by

Maurizio Festa

Marketing Director – Insurious

 

 

 


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Theft From Unlocked or Unattended Vehicle

Theft AutoAccording to the National Insurance Crime Bureau, there is 1 auto theft every 6.5 minutes and 156 auto thefts every day.

 

 

With life returning back to normal soon, it’s easy to get caught up in all the re-opening events and forget to lock your car.  Even if you have these forgetful moments, have no fear! If your equipment gets stolen from inside your car, you can just file a claim under your auto insurance, right? Unfortunately, that’s not always true. Your personal auto insurance is really meant to cover your vehicle itself from damage or theft— not what’s inside! That’s exactly why most people with expensive equipment purchase a separate equipment floater policy (also known as an Inland Marine) to cover their high-end gear. Even with some equipment floater policies, they may require showing physical signs of break-in for coverage. So make sure to review your Inland Marine policy to make sure that it doesn’t EXCLUDE Theft From an Unlocked or Unattended Vehicle. Insurious’ policy does not have either of these exclusions so you can rest assured that your gear is covered in your vehicle whether it’s locked or not. Of course, we never recommend leaving your expensive equipment in your car.  It’s a very risky and not a safe way to store your valuable gear.  If you do, then you can rest assured that you’re covered.

 

 

For more information on how you can properly protect your equipment, please feel free to call or text us at  754.300.7890 or visit our website Click Here

 

 

Article by

Aylene Villarin

Customer Support – Insurious

 


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As an Hobbiest Photographer I always thought I didn’t need insurance till I did.

Hi, my name is Maurizio and I’m the marketing director of Insurious.
I have joined the team recently and I love to tell a story that is symbolic of what Insurious can do for you as it does for me.

 

CANON DSLR CANON DSLR

When my wife and I purchased our first DSLR shortly before our first child was due to arrive in the winter of 2010, I knew that I would someday want to learn more about photography. With a newborn to feed, change, and love, however, it was some time before that someday came.

Eventually, though, I found the time to teach myself how to use my fancy new camera. At first, I wasn’t very good. Over time and with LOTS of practice, I got better. As the years went by I purchase more and more equipment till I had two duffel bags full of it. My wife and I became passionate about taking staged pictures for every holiday so we had backdrops, stands, lighting and, some tripods added to our equipment. The cost of our equipment rose well above $5000 very quickly.

 

South Miami Beach - South Point South Miami Beach – South Point

 

One day we decided to go to the beach for one of our family photoshoots for an early spring adventure and brought all our equipment with us . It was a very busy day and we were surrounded by people so we decided to go back to the car and just take my camera with me while leaving all the rest of the equipment in the trunk of my car. I soon find out that was a horrible idea. After few hours I arrived back at my car to find the truck pried open and my camera equipment bags missing.

 

Burglar Jacking Car Car Trunk Burglar

 

While my wife and I were very happy we had kept the memory cards with all our pictures with us, we were devastated by losing all our equipment at once. So I took out my phone and start calling my broker to report the claim under the homeowner’s policy that I had purchased. An adjuster was assigned but after few days our claim was denied because our equipment was not stolen at our property address. I consequentially called my car insurance but they told me that my policy did not cover theft of personal items that are left in my car. That was the moment of realization that I was at a complete loss.

This was a difficult, pricey lesson that was better learned before there was a loss. My experience tells me that many photographers assume they are covered by their homeowners’ policy when in fact they are not. I eventually bought my equipment back and start looking for a policy that would cover my newly purchased equipment. To my surprise, it was not that easy to find one. Most companies offer coverage solutions only on location like my property’s insurance policy or offer insurance only to professionals. I later find out the only type of insurance that would cover almost everything anywhere I would go is an Inland Marine policy.

 

The name “inland marine” was a bit confusing as I thought it was only for mariners of some kind, but instead, it is just the type of insurance that covers your equipment wherever your pieces of equipment go. It is not tied up with any particular location and can be provided to regular people just like me that not necessarily professional photographers.

 

Later in life, I had two more wonderful children and to this day I enjoy taking pictures with my whole family during the holidays. Amazingly enough, I have joined the team of a company that provides such insurance services to hobbyist photographers such as myself.

 

 

Halloween Photography Halloween Photography

 

Because of my life experience I recommend everybody to check their policy and make sure the coverage is appropriate.

 

At Insurious, we have created an online insurance solution just for any photographer. You can customize your coverage to your preferences and ask as many questions to an operator via our live chat.

 

Get a free quote in seven-minute or less:
Camera Equipment Insurance

 

Article by

Maurizio Festa

Marketing Director – Insurious

 

 


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What You Don’t Know CAN Hurt You

What You Don’t Know About Insurance Claims that CAN Hurt You

It’s the 800 pound gorilla sitting in the corner that we don’t want to talk about. INSURANCE.  This topic sits at or near the top of the list of things that we don’t like to talk about.  Not only do we not like to talk about it, we certainly don’t take the time to read all of the literature that we get once we buy insurance and we certainly don’t read the actual policy itself.


Photo by Andrea Piacquadio from Pexels

Now back to the gorilla. You just had your (insert valuable belonging here)  stolen while you were out of the house.  Now what? You call your insurance company to file a claim. The first thing you will be asked to provide is a police report and a receipt or proof of purchase.

You submit the requested information to the insurance company’s claims department. The police report reflects that the theft took place while you were away from the house. Why is this important? Back to the gorilla (that insurance policy that you didn’t read). Somewhere in all of those pages was language that states that as soon as your personal property leaves the “premises”, your coverage does NOT go with it. CLAIM DENIED!!! 


Photo by Andrea Piacquadio from Pexels

The remedy is what’s called an “Inland Marine Floater Policy”. Wait, a what??? Yes, that’s what it’s called. This type policy covers your property wherever it goes and in most cases it will provide coverage worldwide.  This type of policy became known as a “floater” since the property to which coverage was originally extended was essentially “floating.” The coverage has grown to include property involves an element of transportation.

If only there were a way to get this type of coverage without having to jump through hoops and spend hours seeking quotes and getting bombarded by insurance agents and robo-calls.  Well, now there is! The team of experts at Insurious have tamed the gorilla and have a “Seriously Easy” process in place to obtain insurance that covers all of those risks that your homeowners and renters policy does not. Visit www.insurious.us and get a quote in seven mins or less!


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Insuring Your Camera? Here’s What You Need To Know

Discover all the options you have in insurance cameras & camera’s equipment.

Your equipment deserves proper cover – who provides the best camera insurance in 2021?

We all want the best camera – so surely we need the best camera insurance to go along with it. After all, we sink serious cash into our kit – so if the worst happens and it gets lost, damaged or stolen, you want the proper protection in place.

With the best DSLRs and mirrorless cameras commanding well over a grand – and even the best compact cameras getting up there in price – it’s more important than ever to make sure you have the right insurance cover for your camera. And that’s before you even get to the rest of your kit bag!

Think of all the camera accessories in your setup, from flashguns and tripods to microphones and ND filters… not to mention the glass! Telephoto lenses, prime lenses, quirky Lensbaby lenses – you can easily end up with a collection of optics that are worth more than your actual camera.

And if you photograph at weddings, shoot live music, or cover any other events where you’ll be mixing with large groups of people, you may well find that your general household insurance might not cover these situations.

What camera insurance should I buy?

The question is, whatever the particular insurance premium may cost, is the alternative – no insurance – something that you can really afford?

Feel free to ask our equipment insurance specialist via live chat or phone.

Insurious is the best camera insurance option for USA photographers in 2021. here is why:

Comprehensive insurance protection for photographers without voluntary parting exclusion.

Insurious offers insurance protection for both photographers and video makers, helping protect your business and enable it to quickly recover from any catastrophes. With its policies underwritten by Athos Insurance, Insurious offers USA national photographic equipment coverage but also the option to extend it with Worldwide inclusion at a small extra cost ( limitation applies ), making it the perfect solution for the traveling photographer.

Making sure applications are quick and easy, there are two main insurance policies option offered to photographers and videographers, namely Long Term and Short Term. Long-term policies are designed to provide coverage on an annual basis while short terms are prepared for events and defined periods of time.

Most insurance companies offer policies with a voluntary parting exclusion clause. The “voluntary parting” exclusion clause provides that “The insurance carrier will not pay for loss caused by loss resulting from your, or anyone acting on your express or implied authority, being induced by any dishonest act to voluntarily part with title to or possession of any property.”  Voluntary parting exclusions do not apply to Insurious offered policies making them the best equipment insurance of 2021.

To have a practical example: You lend the camera to someone that never returns it or returns it damaged.  In this case Insurious offered policies will cover your equipment loss there where most carriers wont.

With Insurious you can create your own policy by using the website quote tool customizing options and extend coverage to best fits your need,  you can also call or chat with the insurious team directly to discuss your options.

 

 


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How Affiliate Marketing Works & Insurious Partners Programs

Are you interested in becoming an affiliate marketer? Have you been considering working with affiliates? Or are you simply curious about how affiliate marketing works?

If you answered yes to any of those questions, and you have limited knowledge about how affiliate marketing works, then you’re in the right place. The concept isn’t hard to grasp. By the end of this blog post, you should have a solid understanding. So let’s get going!

What Is Affiliate Marketing?

Affiliate marketing is a form of internet marketing. Companies (sometimes referred to as advertisers or merchants) pay people (affiliates) based on their performance promoting an offer via an affiliate link.

In a nutshell, if you’re an affiliate (also referred to as a publisher), you use your skills as a marketer to refer your audience to a product or service. When someone in your audience decides to buy a product or service and take an action based on your recommendation, you get a commission or kickback.

Affiliate Marketing

Who Are Affiliates?

An affiliate can be an individual or a company. Most of the time, affiliates are bloggers or other content makers. They’re usually in industries that are the same or closely related to that of the company whose products they’re promoting.

Affiliates are people who help promote a product or service by writing posts, making videos, and conducting other marketing efforts. When an affiliate’s visitor makes a purchase or submits a lead form on the affiliate company’s website, the affiliate gets paid.

Affiliates can also promote affiliate companies by publishing things like banner ads and text links. Whenever a lead is generated, the publisher is paid a commission.

Affiliate Links

After signing up with an affiliate program, you’ll get an affiliate link or a special URL that contains your affiliate username or ID. You use this link whenever you mention the advertiser’s product on your website or in other marketing efforts, such as on social media.

Whenever one of your audience members clicks on your affiliate link, a cookie is dropped into their browser to track them. If they become a customer, the company knows it received that customer from you and you get credit.

Does It Cost To Join An Affiliate Program?

There is no charge to join an affiliate program. However, some promotion strategies will cost if you choose to use them. For example, while your blog won’t cost you anything but your time, pay-per-click marketing, email campaigns, and social media ads will require an investment.

Do You Need Qualifications To Be An Affiliate Marketer?

Anyone can become an affiliate marketer, and there are no standard qualifications.

However, knowing how to write a blog post, string a great review together, or do video are all a big plus because they mean you don’t have to pay for content in the beginning. Also, any existing marketing knowledge you have will be a great advantage to you.

Start Earning Today!

There’s no limit to what you can earn with affiliate marketing. It’s up to you to learn how affiliate marketing works and see how far you can scale this incredible business model. It takes a bit of effort at the beginning but when you hit that sweet spot and everything aligns, it’s a great feeling.

Now that you know how affiliate marketing works, why not test the waters? After all, it could be your golden goose, but you’ll never know unless you try!

Try Insurious Affiliate Program & get $10 sign up bonus instantly.  Learn More

 


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Complete Guide to Understanding Equipment Insurance

Understanding the minefield that film production and production equipment insurance is a challenge.  I wanted to bring on the show Kathrine Wong and Aylene Villarin from  Athos Insurance to left the vail on all things filmmaking insurance.

 

Now I know what you are saying…a podcast about insurance, snore! but to be honest it’s a fun episode with tons of knowledge bombs. Enjoy my conversation with Kathrine Wong and Aylene Villarin from Athos Insurance.

 

 

Listen to “IFH 257: Complete Guide to Understanding Film and Production Equipment Insurance” on Spreaker.

 

 


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