What the Policy Forms Actually Say, Clause by Clause

We insure against risks of direct, physical loss to covered property unless the cause of loss is not covered by this policy.

it cover all reasonable issues including my stupidity.

Let's say you're cruising the Aleutians on a photo tour and your telephoto lens gets knocked into the Bering Sea. A personal articles policy would help pay the cost to replace your covered drowned camera accessory.

breaks it, loses it, drops it, cracks it, gets it wet, it gets stolen

may be protected against additional risks, such as accidental loss.

SECTION I - EXCLUSIONS DO NOT APPLY TO COVERAGE G.

One claim since we've been with them, wife dropped her D4 with a 300 2.8 and a 1.4 tc. Very easy to deal with. Paid complete cost of repair minus deductible, which is 10% of the cost of the repair.

The policy may have changed, but the additional deductible on drops was in the fine print - not in anything you see. The maximum claim amount for an item was also limited.

It is permissible to insure cameras used by an individual for remuneration. Charge the appropriate premium shown in the Rate Section of this manual.

Any property: a. while being used for business; or b. away from the residence premises for a business purpose.

*For personal use only

If you have ever made any money from what is insured it is not covered under the policy you purchased for it.

Loss or damage to property used in a profession or business, except incidental business use.

Coverage applies to equipment you own or rent and use for work. The camera equipment coverage is an add-on to a small photography business policy, and is not available on single-event policies.

Also looked at Hartford and they were another 'no thanks' company unless I was a 'business'.

SPECIAL LIMITS OF LIABILITY. The most we will pay in any one occurrence for loss of any one item of: a) any class of covered property is $10,000, except for data storage media used in connection with home computers; b) data storage media used in connection with home computers is $500. These limits do not increase the COVERAGE G limit of liability.

Tier 1 equipment coverage: $2,000 per item, $20,000 aggregate, on the Annual+ plan priced at $347 a year.

The policy may have changed, but the additional deductible on drops was in the fine print - not in anything you see. The maximum claim amount for an item was also limited.

$350 for total loss or theft, and $50 for repairs. Flat deductibles make costs predictable.

My actual repair cost was $475 and they had over $550 in deductibles without considering the insured value of the lens.

Get global protection for your photography equipment, so you can work confidently wherever your projects take you. With a deductible as low as $250.

Paid complete cost of repair minus deductible, which is 10% of the cost of the repair.

Although available if desired, there generally is no deductible on a personal articles policy.

If you purchase scheduled personal property coverage, you may have the option of choosing a lower deductible or no deductible for the scheduled items.

No deductible applies to COVERAGE G. However, a deductible, if any, will be subtracted from any payments made under COVERAGE C.

The marketing page says "You'll never pay a deductible", while a footnote on that same page says payouts are "subject to policy limits and policy deductible". The word does not appear anywhere in the six-page filed contract.

A $250 deductible applies to equipment claims. On the Annual+ plan a total loss on one item pays the $2,000 Tier 1 cap less that $250, so $1,750 against a $6,799.99 replacement price.

We'll pay the cost to repair or replace your personal property, without deduction for depreciation up to the applicable limit.

If you do not wish to have the property replaced, repaired or restored, we will pay you the lesser of: (a) our cost to replace the property, without deduction for depreciation; or (b) the cost to repair or restore it.

will only cover depreciated value of which they deem based on their schedule (inquired and my Sony A1 II that I got a few months ago would only get about $2150 back)

Our policy is a replacement policy, so if my wife's D4 is a total loss it will pretty much pay for a Z9. Deductible is 10% of total loss.

Full replacement cost, but capped at the item's original purchase price, so if you bought used gear your payout reflects that rather than current retail.

They didn't settle the replacement cost as I was expecting but gave me Actual Cash Value of time of loss.

All other provisions and conditions of the policy apply. The endorsement names actual cash value only inside its Loss to a Pair or Set clause, and states no settlement basis for Coverage G itself.

Actual Cash Value. If you do not repair or replace the damaged, destroyed or stolen property, payment will be on an actual cash value basis. This means there may be a deduction for depreciation.

about a month or two before the storm I took my old, unused D1x off the policy - and saved a whole $50 a year. If I had kept it insured, Allstate would have paid it's full purchase price.

Mysterious disappearances are not covered. So, if your gear is left unattended or unsecured and it is stolen, it's not typically covered.

disappearance of individual stamps, coins or other related articles unless the item is: (1) scheduled; or (2) mounted in a volume and the page to which it is attached is also lost.

theft of unattended equipment, or equipment left unattended in vehicles or trailers is not covered.

I called this insurance company and was informed they do not cover for car break ins.

mysterious disappearance (when the cause of the loss cannot be sufficiently explained)

PPA requires that theft from a vehicle proof of forced entry.

They'll cover theft or any kind of "Mysterious Disappearance" as they define it. Meaning a vehicle does not need to show signs of forced entry.

We insure against risks of direct, physical loss to covered property unless the cause of loss is not covered by this policy. The phrase "forced entry" does not appear anywhere in the seven page contract, and no exclusion is scoped to vehicles.