Photo Equipment
Source: www.asmp.org
Topic: Photography Equipment
Sort Desciption: It covers all kinds of photography equipment, including computer gear. But it is not general-purpose property insurance; it doesntcover your clothes, books, bikes or personal items. Liability Insurance ...
Content Inside:
Equipment Insurance
As part of your academic program, you are required
to own, rent or borrow a fair amount of expensive
equipment, such as cameras, lenses, lights, computers
and peripherals. However, most schools do not provide
insurance coverage against theft or damage that
occurs outside the classroom. The risk of loss is
squarely on you. Thats where the American Society
of Media Photographers can help.
In conjunction with the St. Paul Travelers insurance
company, ASMP offers an insurance program
specifically for photography students. It provides
two coverage options for equipment:
Option 1:
Owned Equipment
$10,000
Rented & Borrowed Equipment
$25,000
Deductible
$50
Annual Premium
$225
Option 2:
Owned Equipment
$20,000
Rented & Borrowed Equipment
$25,000
Deductible
$50
Annual Premium
$295
This insurance is valid world-wide, and it includes
damage from fire, theft, breakage, water damage,
wind, etc. It covers all kinds of photography equipment,
including computer gear. But it is not general-purpose
property insurance; it doesntcover your clothes, books,
bikes or personal items.
Liability Insurance
ASMP also offers liability insurance, which is often
arequirement for shooting on private or public
property. The liability policy includes $1 million for
general liability, $1 million for non-owned and hired
automobile liability, and $5,000 camera coverage.
The premium depends on geographic location and
building construction type; standardminimum premium
is $500 for a one-year policy.
Qualifications
In order to qualify, you must be an ASMP student
member and you must be enrolled in an accredited
photography school. (Photography educators: The
same coverage is offered to you if you are an ASMP
affiliate member.)
The insurance application form requires only basic
information:
1. Your name and address
2. List of equipment: manufacturers, serial numbers
and value
3. Brief description of sec ...
equipment,
photo equipment insurance