Where To Get Camera Insurance

Picture this: You expedition to Antelope Canyon to capture its curvy cherry-red rocks with your DSLR camera. After snapping some shots, you caput to a local java store to sift through your photos. But when you attain to grab your camera, you realize it was snatched while y'all were ordering your latte. Ouch!

If the pain of losing your pictures wasn't bad enough, you also need to buy yourself a new camera. Only hither's the skilful news: Yous tin can become it insured through your renters insurance or homeowners policy, which can make this situation a little less painful.

Why? Turns out, your policy can insure your camera for a wide range of scenarios, from theft to accidental damage. Andrew Y., a Lemonader from Brooklyn, covered his Sony A7II and lenses with his Lemonade policy:

"Photography is my passion and outlet. It gives me a reason to get out and explore wherever I can. My camera helps me capture moments in a single frame, so I tin can go back and relive those moments in the futurity. I wanted to insure it so I can focus on getting the perfect shot."

But does renters or homeowners insurance cover y'all if you break your lens? Or exit information technology on the subway? Or impairment a camera you utilize professionally?

The truth is, camera coverage can be confusing. To answer your nearly common coverage questions, we'll take a deep dive into all things camera insurance:

Does renters & homeowners insurance comprehend cameras?
Can I insure my camera gear or equipment?
Tin I insure my gear as a professional photographer?
How much does it cost to insure a photographic camera?
How exercise I insure my camera?
How much is my camera worth?

Does renters & homeowners insurance cover cameras?

Information technology sure does! If you desire to insure your photographic camera for theft, vandalism, fire, and other 'named perils,' it will automatically exist covered under your base policy.

Just if yous as well want to insure it against accidental damage (similar cracks in your lens) and mysterious disappearance, you'll need to go Extra Coverage (or 'scheduled personal property coverage,' in insurance speak).

What'due south Actress Coverage? It's additional coverage for your valuable items, such as your camera and equipment worth over $350, that offers extra perks, including:

Coverage against accidental loss (aka, mysterious disappearance)
Coverage confronting whatsoever accidental concrete harm
Nothing deductible

So if your lens cracks or you go out it in a Lyft, your Extra Coverage may encompass the cost to get your camera repaired or replaced. Plus, you won't have to pay a deductible, and so your insurance company can pay you the full replacement cost, deductible-gratis!

When we asked why he insured his camera, Peter G., a Lemonade renter from Brooklyn, NY, told us:

"I take quite valuable gear and honey taking pictures of wild animals, then I want peace of mind knowing my gear will be covered in instance of accidental damage or theft. That way, I can take pictures of mountain sunsets in the Alps, dark-green turtles swimming at the bottom of the Red Sea, or polar bears in the Arctic, without worrying about my photographic camera."

Can I insure my camera gear or equipment?

Y'all sure can! Whatever camera gear you ain – such as a tripod, remote shutter release, lens, or external flash – is automatically covered nether your base home insurance policy for theft, fire, vandalism, etc.

But if y'all want to add Extra Coverage specifically for your camera body or lenses, yous'll demand to schedule that separately. Please also note that you lot must accept a photographic camera body scheduled on the policy showtime, in guild to add Extra Coverage for whatsoever lenses.

Josh Due west., a Product Designer at Lyft from San Francisco, got Extra Coverage on a few lenses in addition to his cameras:

"I carry a camera every day and then I tin can document my life, accept pictures of the cute city I alive in, and take photos of my i-year-old son as he grows upward. I have a photo blog I similar to post to, and upload my photos to Unsplash to let people use them nevertheless they want."

And Kristen 50., a long-time Lemonade user, said:

"I dropped my camera while in Yosemite. I was glad I had Actress Coverage, but skeptical about whether Lemonade would actually 'work.' Well it did… and very well! Information technology was piece of cake to file my claim, easy to sympathise the process, and my merits was approved!"

Tin can I insure my photographic camera and gear as a professional lensman?

If you use your camera professionally, it will be covered to a certain extent under your base homeowners or renters insurance policy. However, cameras that are used professionally, or for business—even once in a blueish moon—are non eligible for Extra Coverage.

Most home and renters insurance policies tin comprehend your professionally used camera and gear up to a set amount (in insurance speak, this is called a 'sublimit'). If you're at domicile, it volition be covered up to $2,500, and if you're exterior your home, information technology volition be covered upward to $1,500.

Let'southward say yous take a Lemonade renters insurance policy with a $250 deductible. You're abroad from dwelling, taking portraits for an advertising entrada—so the sublimit to keep in listen is $1,500.

Someone sneaks into the photo studio and steals your $ten,000 photographic camera torso. Yous file a claim. If information technology's approved, you'd receive up to $1,500 for the photographic camera body. Even so, if someone had just stolen a $1,000 lens from the studio, you'd receive merely upwardly to $750 for the lens (your deductible kicks in before the sublimit, in this instance).

Accept note that the camera y'all utilise professionally will merely be covered for 'named perils,' including theft, windstorm, fire, vandalism, etc. You lot can't get Extra Coverage if the photographic camera is used for business purposes.

If yous need more robust coverage for your professional camera, you may want to look into a business concern owners policy, which is a commercial policy for small and freelance business owners. That blazon of policy is better suited for concern holding.

How much does it cost to insure a camera?

The cost to insure your camera with renters or via different dwelling house insurance quotes depends on the type of coverage you lot become, how many you insure, and their value!

If yous don't get Extra Coverage for your photographic camera, it volition be covered nether your basic personal property coverage.

Basic policies typically start with $10,000 worth of personal belongings coverage- significant, if a fire destroyed your apartment and stuff, your insurance company could pay yous a maximum amount of $10,000 to replace all of your stuff, such equally your clothes, couch, laptop, telephone, photographic camera, etc.

If you retrieve your stuff is worth more than $ten,000 (which it probably is), you'll want to increase your personal holding coverage. Here's a helpful guide to figuring out how much your stuff is worth.

Depending on your insurance visitor, increasing your personal property coverage will probably tack on a few dollars a month to your premium.

If you want to add Actress Coverage for your camera, it will probably cost a few more $$ per month, since it provides an extra suite of perks.

How much will information technology cost? Information technology really depends on the its value- it tin cost anywhere from $2-$10/mo.

For Raghav M., a Lemonader from Newark, getting Extra Coverage didn't add much:

"When I added my camera and lens to my Lemonade policy, it cost me $2.51 extra per month. Photography is my hobby and passion. Being able to have peace of mind and keep all of my equipment protected lets me shoot without worrying almost my gear."

How do I insure my camera?

Protecting your camera with Lemonade renters or homeowners insurance is easy!

If you aren't looking to get Extra Coverage for it, all you need to do is become a basic insurance policy, which takes less than 2 minutes: Download the Lemonade app, answer a few questions most your domicile, and go insured in seconds.

And if yous want to get Extra Coverage on your camera items, merely follow these additional steps:

1. When getting your Lemonade policy, tap 'Activate Extra Coverage.' (If you already have a policy, head to Lemonade app and tap the Extra Coverage button under 'Add-Ons.')

2. Open up the email you become from Maya, and click 'Add Extra Coverage'

three. Answer a few questions, and send over:

A pic of your camera/gear
A flick of the receipt
A picture of your particular on top of the receipt

Btw, if y'all don't have a receipt, it'southward no problem! Rachel E., one of Lemonade'southward Customer Experience specialists, allow united states know that:

"You can ship in a movie of the model and serial number on your camera along with a screenshot of a link online showing the electric current value of that same camera. This way, we tin all the same decide its replacement value."

iv. Our Underwriting team will get back to yous, and allow yous know the status of your request via email! Btw, you lot can ever add together more items after.

Have note that if yous decide to add Extra Coverage when yous get your policy, Lemonade will automatically grant yous temporary EC for fourteen days. This will requite you time to send over the necessary info, and for our team to review it. If yous can't submit your info within 14 days, you can yet add on the Actress Coverage yourself subsequently it expires.

How much is my camera worth?

If yous're getting Extra Coverage for your camera, y'all'll need to provide its exact worth.

The all-time way to figure out how much your it's worth is to check your photographic camera's original receipt. Lemonader Alex 5. of Jersey Urban center told us:

"When insuring my camera and lens, I pulled the receipts from my purchases to determine their value. I accessed my receipts via email, since all of my equipment was purchased online."

Take note that Lemonade have receipts that are up to 5 years old. If you can't find your receipt or bought your photographic camera more than than v years ago, your next all-time bet is Googling your camera's serial and model number, and checking out how much retailers are currently selling it for.

When Brannon N. was figuring out how much his is worth, here's what he did:

"I went on Amazon to see how much my camera and equipment cost. Fortunately, the items were relatively new, so I didn't worry too much about depreciation."

If your cameras are a few years old, note that their value might have decreased over time. For example, if you lot're looking to insure your $3k camera that you purchased back in 2013, you might discover that its electric current listing price is $ii.5k. If this is the case and information technology gets snatched, Lemonade may only be able to pay out $two.5k since that is the electric current price to replacement (aka, the replacement cost).

Insure your camera in a snap!

Cameras can be expensive. Later shelling out $$ on your camera plus its equipment, the last matter you'll want to do is replace it after things get sour. As Lemonader James A., Head of Innovation at Cloudfare, told us:

"The problem with cameras is that they're expensive. If I was worried about how much they price all the time, I wouldn't take them with me — which completely defeats the purpose!"

Luckily, getting your photographic camera and gear insured is easier and faster than you'd think- take Lemonade for a spin – it'll take yous less than 2 minutes.