equipment insurance at DVinfo.net

David Ells · January 31st, 2013, 02:35 PM

My office (apartment) is within 1000 ft of the ocean, and in Massachusetts, that means I can't get insured. or at least that's been my experience thus far. My main concern is being able to have insurance for when I'm flying around the country with equipment due to the frequency that airlines botch that stuff. I'm not so worried about it while it's being kept on my premises.

Does anyone have any tips on acquiring insurance that only covers travel?

Kevin McRoberts · January 31st, 2013, 04:30 PM

I recently bought liability and inland marine policies for my gear through the same company that insures my home (Erie Insurance). It worked out to be FAR cheaper than quotes I'd gotten from "industry" specified insurers due to the bundling.

If you don't already have renters insurance, there would likely be a similar package deal available through someone.

Les Wilson · January 31st, 2013, 04:50 PM

Mine is called an Entertainment Equipment Floater Policy. It's specifically for my equipment while traveling. It even covers terrorist incidents. Mine is written by my agent who carries a number of companies. I would think any agent could set you up.

Steve House · February 1st, 2013, 07:27 AM

Got to be careful that you get a policy that covers equipment used for business. All too often people get riders on their homeowners or renters policies and later find that since they were using the equipment for professional and commercial purposes it's not covered. Someone pilfers your $250 point-and-shoot camera from your hotel room while you're on vacation you're fine but the $35000 Sony broadcast camera you've checked as baggage on your flight to LA ends up on the baggage carousel in Mumbai and you're SOL.

Dennis Duszynski · February 1st, 2013, 08:02 AM

While it is a bad idea to assume your equipment will be covered by your homeowner's insurance, it is a good idea to get a quote for insuring your business equipment from the same company that provides your homeowner's insurance. I was given a discount on my business policies because my home and car insurance were covered by the same company.

Kevin McRoberts · February 2nd, 2013, 08:14 PM

Exactly... anything dealing with insurance, lawyers, doctors, etc must ABSOLUTELY be questioned to the fullest before you buy it. Assume nothing.

In my case, it's an inland marine policy that covers all equipment at home or travelling. I made absolutely sure that I got a policy that would cover what I'd need in the event I'd need it.

Again, assume nothing... ask the agent. That's the point of them.

January 31st, 2013, 02:35 PM	#1
David Ells Regular Crew Join Date: Aug 2008 Location: Beverly, MA Posts: 87	equipment insurance My office (apartment) is within 1000 ft of the ocean, and in Massachusetts, that means I can't get insured. or at least that's been my experience thus far. My main concern is being able to have insurance for when I'm flying around the country with equipment due to the frequency that airlines botch that stuff. I'm not so worried about it while it's being kept on my premises. Does anyone have any tips on acquiring insurance that only covers travel? __________________ inthecarmedia.com

January 31st, 2013, 04:30 PM	#2
Kevin McRoberts Major Player Join Date: Jun 2008 Location: Charlottesville, VA Posts: 700	Re: equipment insurance I recently bought liability and inland marine policies for my gear through the same company that insures my home (Erie Insurance). It worked out to be FAR cheaper than quotes I'd gotten from "industry" specified insurers due to the bundling. If you don't already have renters insurance, there would likely be a similar package deal available through someone. __________________ Freelance pudgy bearded lighting camera operator www.mcbob.tv

January 31st, 2013, 04:50 PM	#3
Les Wilson Inner Circle Join Date: Jan 2004 Location: Boca Raton, FL Posts: 3,014	Re: equipment insurance Mine is called an Entertainment Equipment Floater Policy. It's specifically for my equipment while traveling. It even covers terrorist incidents. Mine is written by my agent who carries a number of companies. I would think any agent could set you up.

February 1st, 2013, 07:27 AM	#4
Steve House Inner Circle Join Date: Mar 2005 Location: Hamilton, Ontario, Canada Posts: 5,742	Re: equipment insurance Got to be careful that you get a policy that covers equipment used for business. All too often people get riders on their homeowners or renters policies and later find that since they were using the equipment for professional and commercial purposes it's not covered. Someone pilfers your $250 point-and-shoot camera from your hotel room while you're on vacation you're fine but the $35000 Sony broadcast camera you've checked as baggage on your flight to LA ends up on the baggage carousel in Mumbai and you're SOL. __________________ Good news, Cousins! This week's chocolate ration is 15 grams!

February 1st, 2013, 08:02 AM	#5
Dennis Duszynski New Boot Join Date: Jan 2013 Location: Columbia,SC Posts: 10	Re: equipment insurance While it is a bad idea to assume your equipment will be covered by your homeowner's insurance, it is a good idea to get a quote for insuring your business equipment from the same company that provides your homeowner's insurance. I was given a discount on my business policies because my home and car insurance were covered by the same company.

February 2nd, 2013, 08:14 PM	#6
Kevin McRoberts Major Player Join Date: Jun 2008 Location: Charlottesville, VA Posts: 700	Re: equipment insurance Exactly... anything dealing with insurance, lawyers, doctors, etc must ABSOLUTELY be questioned to the fullest before you buy it. Assume nothing. In my case, it's an inland marine policy that covers all equipment at home or travelling. I made absolutely sure that I got a policy that would cover what I'd need in the event I'd need it. Again, assume nothing... ask the agent. That's the point of them. __________________ Freelance pudgy bearded lighting camera operator www.mcbob.tv