Bruce Foreman |
July 21st, 2012 11:07 AM |
Re: My life sucks
Quote:
Originally Posted by D.J. Ammons
(Post 1744075)
Victor, sorry about what happened. I know that is tough to handle. I have about $20,000 of equipment and no special insurance for it. I have thought maybe my homeowner or auto policies might cover it but reading this thread has made me want to seek out some insurance specifically for my equipment.
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Start with your auto insurance agent (especially if he also writes your homeowner policy) and ask for scheduled personal items coverage. Be honest about use (personal or business/trade). State Farm sold me a policy for about $8,000 worth of personal photo and video gear for $1.70 per $100 valuation annual premium.
Coverage is for loss, but not "wear and tear". Theft, physical damage, fire etc. losses are covered. I had to provide sales invoice to show purchase cost and that is what I'm covered for. Since I deal mostly with B&H I was able to go back a few years and download copies of invoices I had misplaced. I also had to provide a list of items including serial numbers.
Check with your agents.
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