Which Company Should I Go With For Photographers Insurance? Help Me Decide.

[Tony S]

I've used the Tom C Pickard and Co. for almost 10 years now and have had no problems with claims or coverages. They are real fast at getting COI out for on location and event shooting.

Photography Camera Equipment Insurance | Video Production Insurance

 

[shefjr]

John, make sure they will cover it if you use the equipment professionally. May be OK if you are a hobbyist.

I think one bad thing about PPS is that they will replace the depreciated value instead of brand new.

I called today and you are correct. The insurance that I have covers only my equipment. If it is lost, stolen, etc... They will replace it or one of equal value if there are no new ones. It is for hobbiest and is not at all for commercial work. My agent did tell me that I am doing any work and make over 10k a year then I should consider getting commercial insurance. I don't make money at all so it's perfect for me.

 

[amolitor]

If you're depreciating your gear, which you probably should be and assume you are, then any coverage above and beyond the depreciated value is presumably income from the tax people's point of view. Which, I guess, isn't a bad thing. If you have an accountant it would all be sorted out easily enough.

It stops being insurance and starts being gambling, at some point..