Hello PDML -- May I get some feedback from the group on the ins and outs of insuring one's equipment against damage and theft? (The archive hits on the word "insurance" are mostly about shipping insurance.)
I've made some preliminary calls to agents, including the one who handles my homeowner insurance. The first question they all ask is, "Is it for personal or business use?" I don't know how to answer this question truthfully. I'm not a pro shooter, hope but never expect to be -- but if somebody wants to buy a print, or offers me money to go shoot some event (and I think I can handle it), I'm certainly not going to say no. Especially with my racing stuff, when I'm at the track I tend to think of it as shooting "on spec," and the business part -- when it happens at all -- happens after the fact. So is the best strategy simply to lie to the agent? ;-) The extent of coverage also varied from company to company. Worst case was the actual price paid for the specific covered item. The rest would pay actual cash value of a comparable item, e.g., if I paid KEH $200 for a used item 4 years ago, and it now goes for $300, it should be insured for the higher amount. So what does one do in cases where the (used) item comes available infrequently, seldom, or rarely? How do *you* handle your equipment insurance? Are you happy with it, have you gotten burned, and if so, how? All feedback and advice appreciated. Regards, Stephen Moore - This message is from the Pentax-Discuss Mail List. To unsubscribe, go to http://www.pdml.net and follow the directions. Don't forget to visit the Pentax Users' Gallery at http://pug.komkon.org .
