PHOTOGRAPHERS: YOU MAY NOT BE COVERED BY YOUR HOMEOWNERS POLICY!

Posted by David Hamilton on Aug 23, 2016 2:00:22 PM

You arrive back at your apartment to find your door pried open and your photography gear missing. You take out your phone and call your insurance broker to report the claim under the homeowners policy that you purchased. An adjuster is assigned. The claims adjuster does a  web search and sees  that you have credits for various wedding shoots. Because you were hired and paid your gear is now considered “commercial” equipment and as such, not covered by your homeowner’s insurance policy which is intended to cover “personal” photography gear that is not used for commercial purposes.

You tell the adjuster that you only worked  twice in the last 12 months for two weddings and made less than $300. The adjuster shrugs, “It doesn’t matter, even if you shoot a birthday party for 60 minutes for $50, you are a professional and your gear is  considered commercial and is no longer covered under a homeowners policy”.

This is a difficult, pricey lesson that is better learned before there is a loss. Our experience tells us that many professionals assume they are covered by their homeowners insurance policy when in fact they are not.

If you use your gear to make money, check your insurance policy and make sure your coverage is appropriate. At Front Row we have created a 5 minute on line insurance solution.

Available at:   https://photographer.frontrowinsurance.com/

The policy term is for 12 months and coverage is provided worldwide on a limited basis.

All equipment is covered for replacement cost for:  theft, damage, fire and loss of use. Rental coverage is also available.

The online link ensures industry-low prices:

  • $10,000 equipment coverage: $75 plus a broker fee of $100
  • $2,000,000 location liability coverage: $200.  Liability covers property damage and bodily injury to third parties. Pays legal fees too.
  • $1,000 deductible for gear

"We wanted to make the insurance process easier, faster and cheaper for photographers,” said David Hamilton, President of Front Row “Given that there is no need to speak to a broker and an insurance company underwriter is not involved, the cost to process an on line photography equipment  insurance policy is much less  and we have passed the savings onto the gear owner. Although the  policy is online, we are still available to answer questions by e mail or over the phone if required.”

Tags: photography equipment, Photographer Insurance Policy, Photography Equipment Insurance, Online Photography Equipment Insurance, Camera Equipment Insurance

How to save Money on your Camera Insurance if you are a Photographer or Videographer.

Posted by David Hamilton on Feb 26, 2016 9:38:46 AM

To achieve the best premium for your camera and photography gear insurance consider the following:

  • Choose a higher deductible. A deductible is the specified amount of money that you must pay Camera Insurancebefore an insurance company will pay a claim. The higher the deductible, the lower the  premium. As long as you choose a deductible that you can still afford in the event your camera equipment is lost, stolen or damaged, you can save on your camera gear insurance cost. The fixed deductible on the Front Row on line quoting program is $350 for equipment. If you currently have a deductible of less than $350 you will likely save money by obtaining a quote here: https://photographer.frontrowinsurance.com   Note: our online quoting tool does not offer a higher deductible that $350.
  • Buy equipment and liability coverage at the same time as a bundle. Combine your coverages and purchase at the same time: this could result in a lower package premium.
  • Do your own risk management and Increase your security measures.  Measures might include: installing a security system, converting a closet to a safe room with deadbolts,  investing in high quality travel cases that lock such as Pelican cases.  Ask your specialized photography insurance broker for recommendations.
  • Always compare quotes. Prices tend to vary from insurance company to insurance company – that’s why it’s always a good idea to shop around and compare quotes. Additionally, look for brokers that specializes in  insurance for photographers.
  • Make sure your policy covers commercial activities. This is a difficult, pricey lesson that is better learned before there is a loss. Our experience tells us that many professional photographers assume they are covered by their homeowners policy when in fact they are not. If you sell your prints , check your policy and make sure your coverage is appropriate.

 

At Front Row we have created an 5 minute on line insurance solution.

Available to Canadian photographers at https://photographer.frontrowinsurance.com

 

The policy term is for 12 months and coverage is provided in most countries worldwide except those subject to trade restrictions.

Rental equipment coverage is also available. All equipment is covered for replacement cost for:  theft, damage, fire and loss of use. The online link ensures industry-low prices:

  • $10,000 equipment coverage: $75 CAD,
  • $2,000,000 location liability coverage: $200 CAD; $5,000,000: $350 CAD. Liability covers property damage and bodily injury that you do  while shooting on location or in a rented studio. Pays legal fees too.
  • $350 deductible for gear

 

The online program for photographers follows Front Row’s lead earlier this year into online offerings for short term filmmakers and musicians. “We wanted to make the insurance process easier, faster and

cheaper for photographers,” said David Hamilton, President of Front Row “Given that there is no need to speak to a broker and an insurance company underwriter is not involved, the cost to process a camera insurance policy is much less on line and we have passed the savings onto the photographer. Although the camera policy is online, we are still available to answer questions by e mail or over the phone if required.”

 

 

Tags: photography equipment, Photography Equipment Insurance, Online Photography Equipment Insurance, Photography Equipment Insurance Policy, professional photograoher, wedding photographer

Camera Insurance: How To Reduce The Cost To Insure Your Photography Equipment

Posted by David Hamilton on Aug 18, 2015 4:16:53 PM

Equipment_insurance_bannerIt would seem to be obvious that one of the simplest ways to lower the cost of camera insurance  is to assure the insurance company that the camera gear is safe and secure in your possession: but what does this mean? 

First of all, use an insurance broker that is experienced with arranging camera equipment insurance. As specialized camera insurance brokers we represent you to the insurance company to ensure that you receive the best premium and coverage available in the marketplace for your photography insurance. Coverage now available online: https://photographer.frontrowinsurance.com

Every photography equipment insurance application will ask how your gear will be protected. The underwriters charge for discomfort so give them good detailed answers that make them comfortable. Good information includes:

  1. Warranting that you will have a bonded security guard watch the gear overnight if you are shooting on location.
  2. If you do not hire a security guard, pack your gear back into the truck(s) and park it in a secure compound overnight such as a tow truck yard. They often have excellent security: fenced and floodlit, manned 24/7 and dogs!
  3. Return your gear to the equipment rental house so you are not responsible overnight.
  4. Cable your gear that is not being used when shooting on the streets in a busy urban area.
  5. Avoid checking your bags when flying.  Mysterious disappearance is not covered - you need to have an idea of the date and time when the equipment was stolen.
  6. Motion alarms are useful when shooting on location. Wedding photographers find these movement alarms useful as they cannot carry all their gear around the wedding. Put it inside your pelican case or bag and a siren will go off is someone picks it up. GPS and proximity alarms are also worth exploring. Let your camera insurance broker know that you have purchased these items.

Good information based on a little planning will ensure that you receive the best premium.

Front Row now offers on line camera insurance: https://photographer.frontrowinsurance.com. Insure your gear for as low as $10 (plus a fee). Get a quote in 1 minute. A policy in 5 minutes. Worldwide coverage. Protect your gear against: theft, breakage, fire and more. Liability is also available.

Click now for a free, no obligation online quote:  https://photographer.frontrowinsurance.com

Tags: Camera Equipment Insurance, photography equipment, Photography Equipment Insurance, Camera Insurance, photography insurance, Camera Insurance Broker, online camera Insurance

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