Camera Insurance

If you are thinking of buying a new camera, or have recently purchased one, have you thought about protecting its value with camera insurance? If you are unfortunate enough to have your possessions stolen while you are on holiday or are the victim of a burglary, it is important to know you can replace stolen items. Similarly, if the camera is accidentally damaged it can be a costly process - camera insurance schemes can cope with these problems.

How to Save Money on your Insurance.

As personal possessions become increasingly expensive, a better alternative to insuring items under your house contents insurance is to insure each individual item of worth separately. Such items may include cameras and other photographic equipment. In the event of making a claim for any of these items on your contents insurance, your total new premium will be significantly higher. This is because the premium is based on the entire contents of your house and not just the item claimed for. If you insure particular items on an individual basis, in the event of a claim it will ensure your house contents insurance premium is not adversely affected.

What does Camera Insurance Cover?

Camera insurance will cover your equipment for theft, damage, and accidental loss to the insured equipment. Some policies also include 'New for Old' cover if your equipment is totally destroyed or stolen within a certain time period of the original purchase of the camera. Some schemes cover many different types of photographic equipment including projectors/screens, binoculars, telescopes, video recorders, camcorders, darkroom equipment and accessories - all used in connection with photography. Any items falling outside this description will need to be agreed and accepted by insurers.

Dependent on the level of cover you take out, you can make use of a 'Hiring of Replacement Equipment' clause as a result of an insured loss. Personal Accident protection is also included and provides cover for accidental injury whilst using the insured items plus Public Liability cover which is essential as society becomes more litigious.

The Top 3 Claims for Camera Insurance

1. Theft
2. Accidental damage
3. Accidental loss

Who will Benefit from Camera Insurance?

Camera Insurance is well suited for amateur and professional photographers. With different types of camera insurance available you can choose from a number of plans. For example you can add extensions to the policy to insure camera equipment at home or while at another address. Extensions to policies are also available for unattended vehicle cover and unlimited worldwide cover. Camera cover should offer protection against Theft, Damage and Accidental Loss, New for Old, Hire of Replacement Equipment, Personal Accident, and Public Liability.