Help with Camera Insurance at DVinfo.net

Kajito Nagib · June 3rd, 2009, 11:22 AM

I just got my HM100. As mentioned in a previous post of mine I also got the sagemax protection plan. I want to totally insure my camera. I called geico to see if the provide a policy for accidental damage they don't. Can someone recommend an insurance company? I'm worried about dropping my new HM100:-(

thanks again,

Colin Rowe · June 3rd, 2009, 04:29 PM

Difficult one to answer, with a global community. Best do a Google search. I can insure my £8,000 worth of equipment for about £180 per year, here in the UK.

Andrew Waite · June 3rd, 2009, 07:03 PM

This is who we go through... RV Nuccio & Associates | Videographer Insurance Coverage Summary it about $680 a year, but we cover our $80,000 worth of equipment, computers, EVERYTHING. And it has a $2,000,000 liability plan included. $250 deductible. It's a really good deal, we shopped around a lot when as soon as we knew where were buying a Red One.

Jack Walker · June 3rd, 2009, 07:49 PM

I will read the policy on the website, but can you tell me in general what the liability covers and what it does not?

Okay, I found my answer... the liability only covers passport photography and wedding/event videography.

Alex Humphrey · June 3rd, 2009, 07:50 PM

I talked to my insurance company about a year ago, (State Farm) and as I remember (fuzzy memory) it was 5% of the price paid in yearly premium. This included dropping, stealing, forgetting at a site and virtually everything you could think of for full 100% replacement. It was under a photographer's gear type of account. Basically everything except just plain wearing out. That being said, I could be wrong (I have often been in my life) but that's what I remember. The only reason I haven't done it yet, is I'm planning a HM700 and didn't want to bother with my HD110 since I think I'm selling it to a TV station this month. If not I'll insure it.

Jack Walker · June 3rd, 2009, 09:21 PM

Here's a site for production insurance of all kinds:
DICE and Annual Productions : ProductionInsurance.com

Kajito Nagib · June 3rd, 2009, 11:42 PM

Great! thanks for the link I'll check it out.

Andrew Waite · June 4th, 2009, 10:53 AM

Quote:

Originally Posted by Jack Walker

I will read the policy on the website, but can you tell me in general what the liability covers and what it does not?

Okay, I found my answer... the liability only covers passport photography and wedding/event videography.

Exactly... liability only covers event/wedding videography. For what else are you going to need liability for an HM100? I don't think he plans on shooting a feature film with an HM100 that would involve stunts, squibs, animals, pyrotechnics, etc. any time soon.

RV Nuccio is going to cover your liability for what you would use an hm100 for... weddings and events, plays, recitals, etc. It will also cover your gear if you break it, it gets stolen, lost, etc.

I'm pretty sure that's what he is looking for.

He probably doesn't need "Production" insurance that is going to cover much much greater costs including workmans comp, etc.

Jack Walker · June 4th, 2009, 01:29 PM

Quote:

Originally Posted by Andrew Waite

Exactly... liability only covers event/wedding videography. For what else are you going to need liability for an HM100?

Simple narrative (e.g. web series). Instruction video. Documentary. Dance or music studio rehearsal.

The last time I shot a wedding I used Pentax Spotmatic, and I have no upcoming bookings to use a video camera on.

Andrew Waite · June 4th, 2009, 05:10 PM

Quote:

Originally Posted by Jack Walker

Simple narrative (e.g. web series). Instruction video. Documentary. Dance or music studio rehearsal.

I'm not one to start arguments on forums, but I think you are arguing semantics here. Dance or music studio rehearsals last time I checked IS an event. As far as instructional, if it's anything serious you are going to need A LOT more than liability insurance... errors and omissions etc. I've spoken to the broker, this plan is geared towards photographers and videographers doing portraits, events, and weddings yes, but it will cover just about any domestic shoot with your own employees that is contracted, period.

With that said, he wanted to know about a floater to cover his camera... as in property damage, loss, theft, etc. This plan will do just that.

Kajito Nagib · June 4th, 2009, 11:39 PM

I do a lot of filming on my motorcycle. My wife does the filming while I drive. With a $4000 camera I worry:-(

Louis Demontez · August 4th, 2009, 05:56 AM

Quote:

Originally Posted by Colin Rowe

Difficult one to answer, with a global community. Best do a Google search. I can insure my £8,000 worth of equipment for about £180 per year, here in the UK.

I'm looking for insurance myself. Who is it you use and what's your experience like with them?

Denis Danatzko · February 8th, 2010, 08:11 AM

What is the collective experience there?
How often/how large/small was the claim(s)?
How hard/involved was it to file a claim?
What proof was required?

The value of insurance is directly related to a company's ability/willingness to pay claims.
I suspect that's just as - or maybe even more important than the price.

Responses describing experience welcome.

Thanks.

June 3rd, 2009, 11:22 AM	#1
Kajito Nagib Major Player Join Date: Jan 2007 Location: NYC Posts: 432	Help with Camera Insurance I just got my HM100. As mentioned in a previous post of mine I also got the sagemax protection plan. I want to totally insure my camera. I called geico to see if the provide a policy for accidental damage they don't. Can someone recommend an insurance company? I'm worried about dropping my new HM100:-( thanks again, __________________ -kAj http://www.sweetproductionmedia.com/

June 3rd, 2009, 04:29 PM	#2
Colin Rowe Major Player Join Date: Jan 2004 Location: Cornwall UK Posts: 793	Difficult one to answer, with a global community. Best do a Google search. I can insure my £8,000 worth of equipment for about £180 per year, here in the UK. __________________ Colin

June 3rd, 2009, 07:03 PM	#3
Andrew Waite Major Player Join Date: May 2007 Location: Bakersfield, CA Posts: 307	This is who we go through... RV Nuccio & Associates \| Videographer Insurance Coverage Summary it about $680 a year, but we cover our $80,000 worth of equipment, computers, EVERYTHING. And it has a $2,000,000 liability plan included. $250 deductible. It's a really good deal, we shopped around a lot when as soon as we knew where were buying a Red One. __________________ http://www.higherdefinitionmedia.com RED One #6135 "Spartacus"

June 3rd, 2009, 11:42 PM	#7
Kajito Nagib Major Player Join Date: Jan 2007 Location: NYC Posts: 432	Great! thanks for the link I'll check it out. __________________ -kAj http://www.sweetproductionmedia.com/

June 4th, 2009, 11:39 PM	#11
Kajito Nagib Major Player Join Date: Jan 2007 Location: NYC Posts: 432	I do a lot of filming on my motorcycle. My wife does the filming while I drive. With a $4000 camera I worry:-( __________________ -kAj http://www.sweetproductionmedia.com/

June 3rd, 2009, 07:49 PM	#4
Jack Walker Trustee Join Date: Jun 2006 Location: Burbank Posts: 1,811	I will read the policy on the website, but can you tell me in general what the liability covers and what it does not? Okay, I found my answer... the liability only covers passport photography and wedding/event videography.

June 3rd, 2009, 07:50 PM	#5
Alex Humphrey Major Player Join Date: Mar 2007 Location: california North and South Posts: 642	I talked to my insurance company about a year ago, (State Farm) and as I remember (fuzzy memory) it was 5% of the price paid in yearly premium. This included dropping, stealing, forgetting at a site and virtually everything you could think of for full 100% replacement. It was under a photographer's gear type of account. Basically everything except just plain wearing out. That being said, I could be wrong (I have often been in my life) but that's what I remember. The only reason I haven't done it yet, is I'm planning a HM700 and didn't want to bother with my HD110 since I think I'm selling it to a TV station this month. If not I'll insure it.

June 3rd, 2009, 09:21 PM	#6
Jack Walker Trustee Join Date: Jun 2006 Location: Burbank Posts: 1,811	Here's a site for production insurance of all kinds: DICE and Annual Productions : ProductionInsurance.com

February 8th, 2010, 08:11 AM	#13
Denis Danatzko Major Player Join Date: Mar 2006 Location: NYC Metro area Posts: 579	Has anyone ever filed a claim w/any of these insurers? What is the collective experience there? How often/how large/small was the claim(s)? How hard/involved was it to file a claim? What proof was required? The value of insurance is directly related to a company's ability/willingness to pay claims. I suspect that's just as - or maybe even more important than the price. Responses describing experience welcome. Thanks. __________________ Denis ------------ Our actions are based on our own experience and knowledge. Thus, no one is ever totally right, nor totally wrong. We simply act from what we "know" to be true, based on that experience and knowledge. Beyond that, we pose questions to others.