Upload & Sell: On
I need at little advice regarding my gear insurance. For the past year, I have been using Hay's Insurance through the NPPA. The initial premium to cover my camera, lenses, laptop and portable hard drive was $479. I thought that it was little steep at that price, but for around $10,000 worth of equipment, plus a default $15K in rental insurance, plus "theft from an unattended vehicle protection", I figured better safe than sorry. This was the first time having insurance on my camera equipment.
It's now about time for me to renew my policy, and they have sent me a quote letter. I have since bought & sold equipment and now my total equipment valuation is at around $13K, but the quote for the new insurance policy is $617. The "theft from an unattended vehicle protection" addition only adds an extra $31 (included in the $617).
Is this price fair/expected, or comparable to other insurance policies? What do other people use? So the other professional photo organizations have better pricing with their respective insurance affiliates? (i.e PPA, ASMP, etc)? Or would I just be better off asking State Farm, which I have for home and auto insurance, for a quote for their Inland Marine Policy?