What Is The Best Cameras Insurance?
We've become a gadget nation. We depend on our cameras to do our jobs, our shopping, and our homework - or just to have fun.
But that makes losing your cameras a major disaster.
Have you thought how much a could cost?
If it's a three-figure sum, you're definitely going to want gadget insurance that will protect you against having your cameras damaged or stolen. Let's find out how cameras insurance works and how to get the best value protection for your stuff.
What is cameras insurance?
Cameras insurance as the name suggests, protects your cameras against accidental damage, theft, loss, liquid or fire damage or mechanical failure depending on the level of cover chosen.
What are the best cameras insurances?
We selected a few providers that propose the best cameras insurance, here are their must-have features:
|Insurance company||Number of claims||Worldwide cover||Theft cover||Mechanical breakdown||Accidental damage||Loss cover||Apply|
|Unlimited value / 2 claims per policy year||90 days||yes||yes||yes||yes|
|£2,500||180 days||Yes||Yes||Yes||No||Go to agency|
Do I need cameras insurance?
Repairing your cameras is much more expensive than just insure it for a few pounds per month. Here is a quick summary of main repair types and cost for your cameras:
Cameras are valuable items, and cameras's equipment either, both of them are quite an expense. Cameras are often use when travelling where the risks of breaking this type of items are higher, that is why taking out a camera insurance for travel is a great idea when we know how much this item can be fragile and expensive. Having a camera insurance can also be really useful if you need to replace quickly your camera, there are providers who propose a replacement within 24h. Dslr insurance for cameras are more and more used, as this kind of items are valuable emotionaly.
How does cameras insurance work?
You'll pay an annual or monthly premium, in return for which you're covered in accordance with your policy details. If anything happens to your cameras, you can claim on the insurance by contacting the insurer.
If you want to claim for theft, and you re covered for it, you will have to go to the police to declare it.
What is covered by cameras insurance?
You will be covered as standard for:
- Accidental damage: your cameras will be protected in case of any accidental damage, but it must not be negligence.
- Water damages: often included in cameras policies.
- Mechanical breakdown: this is also often covered in policies.
It may also include:
- Loss and theft, though this is often an add-on and you'll have to pay extra for it. (You probably know if you're a 'loser' - if you are, this cover can be well worth taking. The same goes for accident-prone gadget owners.)
You can also add multi gadget cover to insure another item with your camera, you can also get a discount by insuring more than one item.
You can also add:
Cameras travel insurance - worldwide travel for a limited period
What is not covered by cameras insurance?
Here are a few exclusions to your cameras insurance:
- Some insurers won't insure your cameras over a certain age, eg 6 months or 2 years.
- Most insurers won't cover a bought outside the UK.
- You won't be able to insure a you bought second hand, or which has been refurbished.
- And you'll need proof of purchase to insure your cameras
- You won't be covered if you don't take reasonable care.
- Some policies won't cover your cameras if you use it for work. Make sure you check before you take out insurance.
How much it cost to repair your cameras?
Just repairing a cracked screen can cost over £100.
With over one in ten UK gadget owners saying they've cracked a screen recently, and almost as many saying they've had water damage to one of their gadgets, there are a lot of people heading to the repair shop or to buy a new gadget. And many of those people will be out of pocket. A few pounds a month isn't much to pay to ensure you're protected.
How much cameras insurance cost?
Depending on your model, your camera insurance price will vary between £8 to £10 per month. For a GoPro for example, you will be around £100 per year, and for a canon reflex, you can easily pay £130 per year to insure your camera. For example Protect Your Bubble poroposes to insure your Nikon D5300 for £4.49.
Ripe insurance has a special photography insurance, starting from £4.86 per month.
How to cancel my cameras insurance?
There are two different ways to cancel your cameras insurance, depending on whether you want to cancel in the first 14 days, or later.
- The first 14 days after you buy a policy are known as the 'cooling off period' and you have the right to change your mind. You'll usually need to send written notice and include the documents - but phone or email first to give yourself peace of mind and find out if there are any particular requirements.
- After that, things depend on whether you have signed up to a full year or to a monthly rolling policy. You'll need to check your policy documents. If it's a longer term policy you may need to pay a fee to cancel early, and if you've made a claim, you will have to pay till the end of the contract period.
How to make a claim on my cameras insurance?
The first thing to know about claiming on your cameras insurance is that you need to strike while the iron is hot - notify your claim within 24 hours. Some insurers give you even less time, just 12 hours to make a claim.
Your insurer will have a preferred way for you to claim, whether that's by phone, or via an online portal. You'll need to be able to provide the original receipt for your cameras
If your gadget was stolen, you will need to contact the police and get a crime reference number (CRN) to give to the police.
Good to know
Some insurers will send you cash. Others will arrange for a repair or for a replacement gadget to be sent to you - which is why they need to know exactly what gadget you're insuring. If this makes a difference to you, make sure you check the policy carefully before clicking the 'buy' button.
Can I take out a multiple cameras insurance?
Yes, you can have a multiple cameras insurance, here are two examples of multi cameras insurances and their discounts:
- Switched On insurance offers a 10% when insuring more than two gadgets
- i-Digitals proposes 10% off if you insure 2 gadgets and 40% if you insure more than two gadgets
Some insurers offer bigger discounts the more gadgets you add.