Insurance - Separate policy or add to home contents?

NeilA1975

NeilA1975

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Currently have neither, but since I picked up a used D800E and have a couple of reasonable expensive pieces of glass to accompany it I thought its about time I protected them.
individual policies just for camera protection seems expensive so wondering what people's thoughts are on the subject.
 
If it's just for personal use then add it to your home insurance. I added £5000 kit to my policy £2000 max per item and it added around £4 /month to the policy.

Individual policies are more for commercial use and usually include liability insurance of some sort.
 
ecoleman said:
If it's just for personal use then add it to your home insurance. I added £5000 kit to my policy £2000 max per item and it added around £4 /month to the policy.

Individual policies are more for commercial use and usually include liability insurance of some sort.
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Thanks very much.
 
Mine is on home insurance, I don't have to tell them what kit I have or what it's worth,and have accidental damage worldwide, limited only by the total value of my contents cover.
 
NeilA1975 said:
Currently have neither, but since I picked up a used D800E and have a couple of reasonable expensive pieces of glass to accompany it I thought its about time I protected them.
individual policies just for camera protection seems expensive so wondering what people's thoughts are on the subject.
Click to expand...

As above, if it's for personal use, then add it to your contents insurance - especially if you have the accidental outside the home cover.

It could be worth an independent insurance quote just for piece of mind to see if your making a saving...Also with looking at your excess on them.
 
Recently changed house insurance companies and I have covered my gear upto £7.5k. with Arriva. Best thing, it's £15.00 a month less and I get a £50 Amazon voucher also. Was previously with Halifax who were competitive the first year, but went up a bit second so hence changing.
 
Mine's on my home insurance. They just wanted to know the serial numbers of the bodies. Without the serial numbers I would have been limited to £2000 per body away from home. With the serial numbers it is just New for Old anywhere in the world, whatever value.
 
Home insurance. I've had to specify the 5D3 as it breaks the single item value limit and I've increased the overall limit for items out of the house. Even so, the difference in cost is not very much.
 
Sorry for ressurrecting an old-ish thread, but had a couple of thoughts to add.
I was just using home insurance, but switched when I thought about the benefits of separate cover.
The main ones being:
Excess. If I had to claim on my household insurance, I would have to pay the first £200, but on my Photoguard policy, it would only be £50. Since most of my lenses are worth less than £300, I'd rather not pay £200 excess for a replacement as it rather defeats the point of insurance.
Breakdown. My Photoguard policy includes mechanical breakdown cover for any equipment you've bought new.
 
Unless you are a pro, then in most cases the household policy still makes sense, especially if you are careful with your kit and don't leave it lying around.

A lot of policies start off low then increase and add everything under the sun. I had one photo specific policy add, without asking, pet insurance and we don't even have a pet! The onus however was on you to inform them that you didn't need it, otherwise next months premium would increase. The second time they did this (medical insurance, which I already had via work), I cancelled the policy, as I don't search reoccurring payments for a couple of quid difference every month.

Lesson: Insurance companies and brokers are not benevolent, they are out to make as much money as possible.

Oh and since cancelling said policy, I have saved enough in premiums to be able to buy a D4s!
 
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