Insurance for HVX

uh...he said "please" search.

btw, two weeks passed from the time JP posted the message and you posted yours...you haven't found anything yet?...a lot of information *is* available on this site.

a handy tip is to use the google tool bar to search "insurance" only on the dvxuser.com site (vs. the entire internet)...I almost never use the forum's search function.
 
About a year and a half ago I got insurance on my computer and editing hardware along with my DVX. When I get my HVX next week I will be getting it included on my policy.

It's done through an insurance company my dad introduced me to, the same place he gets his home owner's insurance through. I don't recall right now what the deductible is or how much I pay for it (I'm at work right now, but the fee isn't as much as I thought it would be) but I do know that it covers accidents/acts of a god/etc and makes me sleep a little easier.

Some Partnership partners of mine have used it once or twice, but it's insured through myself personally. If you plan to "share" this camera, you may want to file for insurance as a business. Call or walk in to a local (reputable) insurance company , sit down with an agent, and tell them what you want to do, and they will have the right answer for you. :)

I'd def get insurance on any equipment worht more than $1,000. Just my $.02

Hope that helped. There are plenty of helpful people and info on this forum... don't let one response that wasn't what you were looking for sway your view of all the users here... we try.
 
Renter's Insurance

Renter's Insurance

I am about to have a sit down with my local Allstate agent who on the phone quoted me $260 for renters insurance (40k property 100k liability 1k guest medical) with a worldwide floater that will cover up t0 4k on an individual item and up to 20k on "all items" which im not sure why there's a distinction. Why not just 20k of floating coverage, right ? However, I dont own anything over 4k and all my gear in total is about 10k so works for me.

I've heard of renter's insurance going terribly wrong when you claim personal use and they say it was business. Right now I'm treading that gray line. I'll try to nail him down firmly on the biz vs personal thing. Is it simply having a "pro" camera, getting paid even with no contractual agreement, or is LLC incorporation a must ? When it comes to denied claims you hear it all, anyhoo let you know how it goes.
 
Science Projects said:
I am about to have a sit down with my local Allstate agent who on the phone quoted me $260 for renters insurance (40k property 100k liability 1k guest medical) with a worldwide floater that will cover up t0 4k on an individual item and up to 20k on "all items" which im not sure why there's a distinction. Why not just 20k of floating coverage, right ? However, I dont own anything over 4k and all my gear in total is about 10k so works for me.

I've heard of renter's insurance going terribly wrong when you claim personal use and they say it was business. Right now I'm treading that gray line. I'll try to nail him down firmly on the biz vs personal thing. Is it simply having a "pro" camera, getting paid even with no contractual agreement, or is LLC incorporation a must ? When it comes to denied claims you hear it all, anyhoo let you know how it goes.
Click to expand...

$260 a month, six-months, year?
 
I just got $10,500 of personal property insurance from statefarm for $110/yr... pretty cheap, but im also just a hobbiest..
 
Got back from talking with Allstate, quoted me $260 for a year like before (all peril while on property but only theft while in transit no accident included) . He seemed pretty knowledgable about production work. I pressed him on the biz vs personal issue and he casually assured me I would be considered a hobbiest.

I wasn't convinced and told him I was going to Jamaica (where theft is a very real risk) next week on a music video shoot on which my costs and accommodations were covered but I was working pro bono. I asked him point blank if something happened would I be covered. This gave him pause and he wrote an email to a Product Manager to find out. He will let me know tomorrow.

So , I don't think he was trying to shuffle me along into signing it, but at the same time claims are based on specific scenarios and it helps to think through as many as humanely possible. Let you know what he says....

I also checked out www.productioninsurance.com waiting for their quote
 
The Final Word on Allstate

The Final Word on Allstate

Got off phone with local allstate agent who got directly from the product manager 's mouth the following:

If a camera is used at ANY time for professional purpose even if there is no contract, no money exchanged, and it's use does not generate any income over the year it still is NOT covered under their renter's insurance w/floater deal.

When they say personal property they mean it, no student films, low budg music videos, literally filming your kid playing soccer. If that isn't you I can definitively say do NOT get Allstate renters insurance.

I know guys with gear in my range who shrug this off and say I'll just tell them that it was personal use anyway. However, remember you have to fill out a police report and if you can explain away lights, dolly, and a crew of people etc. more power to you.

I have to leave the country in 3 days if anybody knows how I can get some property insurance for 10k worth of stuff quickly holler back.

ps. www.productioninsurance.com while good, quoted me a 5k international deductible
 
I have State Farm Insurance. Got it as a business deal for I think $300 or $400 a year with a $500 deductable. Covers $10,000 or $15,000 worth of equipment. Worth a shot?
 
i have a general business policy for all my cameras (and computers, etc...) with the hartford. already posted one claim with them following a break in earlier this year. paid quick. great service and best $500 a year you'll ever spend.
 
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