Equipment Insurance

Does anyone have any recommendations on where to look for equipment insurance. I was looking at a policy through the NANPA site until I noticed that there was a $350 minimum premium. That seems a bit steep for what I have, based on there rates my premium would be about $140 if the minimum wasn't in effect.

Thanks in advance for any suggestions.

Carson

I have my equipment insured as a rider to my home owners policy and it's pretty reasonable. I'm sure the rates vary between policies and insurers but I carry about $30,000 in coverage for about $400.00 a year. This covers all mishaps including forgetting to pick up a piece of equipment after a shoot to a total theft of the equipment while in my residence or on location.
A few months ago I bounced a camera and lens on a rock under water which destroyed both and there were no questions asked other than the replacement cost. It's tough to think of paying this until something happens.
It's somewhat of a juggling act, if your only insuring a small value of equipment then is it worth paying a yearly premium and also meeting the deductible for the loss? While I was happy to have the coverage for this incident my overall reasoning is for theft either from my home or vehicle while on a photo trip.

The homeowner's rider is usually a good idea, but only if you are not selling your work. If you are selling your work, you may or may not be able to insure your gear through your homeowner's policy, or there may be limits as to how much income you can generate through sales. This would be something you would need to discuss with your agent/company.

My home owners policy will not work as I do sell my work. I've got somewhat less that 10K worth of equipment and $350 just seems a bit high for that so I'll keep looking for awhile.

I had to get commercial insurance because I'm selling my work. I'm paying quite a bit more than $350 a year for way less than $10,000 in equipment, but it also covers liability.

Join NANPA and sign up the Chubb camera insurance. It costs me 770.00 for 32,000,00 of gear.

I did make sure my agent/brother new I sell the photography and the way it is setup allows this. This may be different from one insurance company to the next.

Our policy is $1400 a year but covers an entire commercial studio, fire and casualty, business continuity, and a million dollars in liability. If any of you shoots the occasional wedding, join PPA. They are your best bridzilla shield.

Thanks for all of the responses. Actually I am a member of NANPA, I just wasn't to happy with the minimum premium for there insurance offering but it's beginning to look like that is the way I may have to go.