All risk insurance: Someone mentioned a form of equipment insurance that covers all risks, including dropped cameras, etc. I believe the writer even mentioned USAA. I have all of my...

toxdoc42

Someone mentioned a form of equipment insurance that covers all risks, including dropped cameras, etc. I believe the writer even mentioned USAA. I have all of my insurance through USAA and asked about this. They sent me information about my property insurance and what it covers. It doesn't seem to specifically exclude that, but it does exclude things like routine maintenance, etc. Does anyone know of any truly all risk policies that cover damage when you drop a camera on the ground, or into water, as another UHH experienced?

cedymock Loc: Irmo, South Carolina

State Farm calls it personal property insurance don't know what other companies call it. I have it through State Farm very reasonable price. They paid for a speedlight after someone spilled coffee on it no problem.

Bill_de Loc: US

https://www.usaa.com/inet/wc/insurance_home_value_items?akredirect=true

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toxdoc42

Bill de:
thanks, but that just gets me to the log on screen. I was already there. I wrote to USAA and essentially received no answer. Rather than answer my specific question, they referred me to the print out for the personal property insurance. USAA is still rated as probably the best insurer, and I have used them since 1970, lately they do surprise me with their lack of "customer relations." Perhaps this insurance does cover such damage, but it sure seems to not.

this is the message they sent:

I received your message about coverage for photo equipment on your Valuable Personal Property (VPP) policy and I am happy to assist you.

Our valuable personal property (VPP) policy provides coverage against risks of direct, physical loss to covered property. There are exclusions including but not limited to intentional acts, maintenance, wear and tear, and equipment malfunctions.

The coverage explanation doesn't cover everything, so it's important to read your policy carefully. If there's conflicting information between this overview and your policy, the provisions of your policy apply. I have placed a copy of your contract for review under My Tools>View My Documents (you may have to select the All folder). Please review the Causes of Losses Not Covered starting on page 2.

What Your VPP Policy Covers
Our limit of liability won't exceed the amount shown on the policy schedule. The value of the property will be determined at the time of loss or damage. It's our option to:
Replace the property with property of comparable kind and quality.
Pay you the cost to have the property repaired or restored to the condition it was in prior to the loss.
If you don't wish to have the property replaced, repaired or restored, we'll pay you the lesser of:
Our cost to replace the property, without deduction for depreciation.
The cost to repair or restore it.
Each claim is adjusted at the time of the loss. Therefore, any change in circumstances can affect the outcome of the coverage decision.

Bill_de Loc: US

toxdoc42 wrote:

Bill de:
thanks, but that just gets me to the log on screen. I was already there. I wrote to USAA and essentially received no answer. Rather than answer my specific question, they referred me to the print out for the personal property insurance. USAA is still rated as probably the best insurer, and I have used them since 1970, lately they do surprise me with their lack of "customer relations." Perhaps this insurance does cover such damage, but it sure seems to not.

this is the message they sent:

I received your message about coverage for photo equipment on your Valuable Personal Property (VPP) policy and I am happy to assist you.

Our valuable personal property (VPP) policy provides coverage against risks of direct, physical loss to covered property. There are exclusions including but not limited to intentional acts, maintenance, wear and tear, and equipment malfunctions.

The coverage explanation doesn't cover everything, so it's important to read your policy carefully. If there's conflicting information between this overview and your policy, the provisions of your policy apply. I have placed a copy of your contract for review under My Tools>View My Documents (you may have to select the All folder). Please review the Causes of Losses Not Covered starting on page 2.

What Your VPP Policy Covers
Our limit of liability won't exceed the amount shown on the policy schedule. The value of the property will be determined at the time of loss or damage. It's our option to:
Replace the property with property of comparable kind and quality.
Pay you the cost to have the property repaired or restored to the condition it was in prior to the loss.
If you don't wish to have the property replaced, repaired or restored, we'll pay you the lesser of:
Our cost to replace the property, without deduction for depreciation.
The cost to repair or restore it.
Each claim is adjusted at the time of the loss. Therefore, any change in circumstances can affect the outcome of the coverage decision.

Bill de: br thanks, but that just gets me to the l... (show quote)

Try this. If it goes to the right page you should be able to fill in info and get a quote.

https://www.usaa.com/inet/wc/insurance_home_value_items?wa_ref=pub_global_products_ins_vpp

If not, being a member they may have cookies on your computer.

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toxdoc42

When I went to that sight, I received a message saying that I already have the insurance. The question then is what does it truly cover? I wrote to them specifically asking if the insurance covers the repair/replacement if I drop the camera? I have not, yet, received a reply.

Bill_de Loc: US

toxdoc42 wrote:

When I went to that sight, I received a message saying that I already have the insurance. The question then is what does it truly cover? I wrote to them specifically asking if the insurance covers the repair/replacement if I drop the camera? I have not, yet, received a reply.

Cookies do it every time. Since I don't have a policy I got to chose the type of items, in this case cameras, and offered a form to get a quote.

Best of luck.

alolewis

I believe it does, here is the page they use to market the high value policies:
https://www.usaa.com/inet/wc/insurance_home_value_items?wa_ref=pri_global_products_ins_vpp. I read my policy in total and it doesn't specify nor does it specifically say not covered. Covers loss and damage.

brucewells Loc: Central Kentucky

Most companies provide this type of coverage as an Inland Marine rider to your homeowners policy. I’ve never had to test my coverage, so don’t know - specifically - what is/isn’t covered.

toxdoc42

I have had such a policy for over 50 years now with USAA. When I ask if I am covered, I am told to read the policy. If you read it, nowhere does it say it covers "all risks," although it does List what it doesn't cover. If I replace a lens and foul up the mount, or drop the camera, would they call that "maintenance," or "repairs" and thus exclude the damage? I hope never to need to test that! It is a relatively low cost coverage and I wonder if it will be useful.

I will let you know if and when they answer my specific question!

TriX Loc: Raleigh, NC

toxdoc42 wrote:

Bill de:
thanks, but that just gets me to the log on screen. I was already there. I wrote to USAA and essentially received no answer. Rather than answer my specific question, they referred me to the print out for the personal property insurance. USAA is still rated as probably the best insurer, and I have used them since 1970, lately they do surprise me with their lack of "customer relations." Perhaps this insurance does cover such damage, but it sure seems to not.

this is the message they sent:

I received your message about coverage for photo equipment on your Valuable Personal Property (VPP) policy and I am happy to assist you.

Our valuable personal property (VPP) policy provides coverage against risks of direct, physical loss to covered property. There are exclusions including but not limited to intentional acts, maintenance, wear and tear, and equipment malfunctions.

The coverage explanation doesn't cover everything, so it's important to read your policy carefully. If there's conflicting information between this overview and your policy, the provisions of your policy apply. I have placed a copy of your contract for review under My Tools>View My Documents (you may have to select the All folder). Please review the Causes of Losses Not Covered starting on page 2.

What Your VPP Policy Covers
Our limit of liability won't exceed the amount shown on the policy schedule. The value of the property will be determined at the time of loss or damage. It's our option to:
Replace the property with property of comparable kind and quality.
Pay you the cost to have the property repaired or restored to the condition it was in prior to the loss.
If you don't wish to have the property replaced, repaired or restored, we'll pay you the lesser of:
Our cost to replace the property, without deduction for depreciation.
The cost to repair or restore it.
Each claim is adjusted at the time of the loss. Therefore, any change in circumstances can affect the outcome of the coverage decision.

Bill de: br thanks, but that just gets me to the l... (show quote)

Why not give them a call - I’ve always found them to be knowledgable and responsive in real-time.

toxdoc42

That is my plan for tomorrow, but i would like something "in writing" just in case!

Peanut_the_cat Loc: Bradenton, Florida

Allstate offer "All Risks" insurance as I have it. I'm guessing I have $20 - $30,000 in equipment (photo, audio, video) and the policy cost me $30.00 a month.

photocat Loc: Atlanta, Ga

For years I had a "rider" on my renters then owners policy and it covered damage and replacement issues
Was very inexpensive

It was with liberty mutual. I just had to send them a copy of my sales receipt when adding equipment

Cdouthitt Loc: Traverse City, MI

I have a homeowners rider for my gear, since it’s over 10k in replacement value.

I use AAA.