Upload & Sell: Off
CG&B is the standard for photographers insurance in Canada, which sounds like what you're looking at.
The US has it a bit better in terms of cheaper deductibles, but they benefit from economies of scale due to population. With a smaller population, there are fewer photographers paying for insurance. So insurance companies here can't afford to cover small claims like a single lens being dropped.
It is per claim though... so if all your kit gets stolen out of your house... it's $1000. You also insure for replacement value. So its up to you to decide if your main camera, even if its hold, how much money you'd want to replace that camera in the event it breaks or gets stolen. Yes it is more if your gear is stolen out of the car... don't ever leave your gear in your car. Simple.
You're also covered for ~$20,000 if you need to rent something from the local rental house. They will also give you additional rental coverage (I've required $80,000 for some shoots) for $25.
No complaints with CG&B.