Is Camera Insurance Worth It?

Camera equipment can be an expensive investment; its replacement could run into the thousands. A separate policy covering theft, accidental damage and travel with gear could provide peace of mind at a nominal monthly premium cost.

Standard homeowner and renters policies often offer the ability to add equipment for an additional premium; however, coverage often is limited and may only reimburse actual cash value rather than replacement value.


Photographic equipment can be an expensive investment for both professional and recreational photographers alike, making losing or damaging it an irreparable setback. Luckily, there are various insurance policies available that may protect against accident or theft of this gear.

Insurance companies typically cover the costs associated with replacing or repairing stolen cameras as long as you report it within a specific timeframe. Many services also offer tracking tools to locate your camera should it ever get lost or stolen – these trackers use EXIF data from your camera such as make and model name, serial number number, date and time stamp of photos taken to compare to an image database registered with them and contact you if a match is found between your images and one registered with them; should a match occur, an owner will be identified and located via phone call/text message/text message/EXIF data exchanged between registered images registered with them and databases registered with said services – should your images do go missing, they will find and notify their respective service providers who will contact both parties directly in case something goes amiss

As a professional photographer, it may be wise to purchase commercial property insurance for your equipment. This type of policy provides cover in case of burglary or any natural disasters that affects your workspace, but keep in mind it usually won’t provide as much coverage or come with as many deductibles attached as a full homeowner or renter’s policy would.

Add a camera rider to your existing homeowner or renters policy as an additional form of coverage, protecting against accidental damage and theft as well as protecting you if it is damaged while travelling or at home. These types of policies typically have low limits for paying out claims in case of loss; in particular they often exclude liquid submersion claims.

Lemonade offers an easy and cost-effective solution to insuring your camera with their fast, simple, and comprehensive camera and video equipment coverage that starts from $50 deductibles.

Accidental Damage

Cameras can be expensive investments. No matter whether they’re used as just a hobby or for professional purposes, having proper coverage can help recover from losses should they occur. A comprehensive policy covers your equipment wherever it may be located: at home, studio shoot, shoot location or traveling for business use – providing peace of mind so you can continue working without worries knowing you will get back up and running quickly if something does go wrong with it.

Accidental damage coverage typically isn’t included in basic homeowner or renters policies, so to protect your camera and other equipment from accidents such as drops and spills you will likely require extra coverage. Otherwise you could end up spending hundreds or even thousands in repair or replacement costs should it become damaged. A good camera insurance plan typically offers this feature at a relatively nominal additional cost.

Many camera insurance plans provide coverage for an array of equipment, from cameras and lenses to tripods and accessories like drones or high-end cinema equipment. Some policies even cover drones! Occasionally you may need to select individual items on a list before they will be covered under an insurance plan – but most offer multiple price points and cover most or all your gear!

Camera insurance policies not only cover you against loss, theft and accidental damage; they often also include general liability protection to help pay legal fees or damages should anyone sue over incidents that occurred while using your camera, such as someone tripping and breaking their leg during a photoshoot setup by yourself.

Finding coverage that meets your equipment’s specific needs can be tricky. You must carefully consider the risks versus costs before determining if it is worth it for yourself. Luckily, online brokers like Lemonade Home offer flexible plans with customized plans allowing customers to select coverage they require at an affordable rate.

Damage While Traveling

Some insurance companies provide special camera policies for theft and accidental damage as well as repair/replace costs associated with lens/flash equipment, and can often cover theft as well. Such policies may come as part of a homeowner or renters policy or as an add-on when renting. These may also come as an add-on option or even part of a photographer package deal.

Read and consult your insurance agent carefully in order to fully comprehend what’s covered and at what limits. Some camera insurers only reimburse current value instead of replacement cost, so it’s worth shopping around to get the best possible policy.

Some photography-specific insurance policies provide coverage for travel with your equipment. This can be an ideal option for photographers who frequently bring their camera along on location as it helps alleviate some of the stress of carrying expensive gear around. This form of coverage is known as business equipment or inland marine insurance.

Notably, most standard camera insurance plans exclude certain causes of loss or damage to a camera, such as commercial usage. Also excluded may be water damage and electrical surges as potential problems that require coverage.

Consider purchasing general liability insurance to safeguard yourself in case any injuries or property damages result from using photography gear, such as one of your heavy light stands tumbling over and causing damages to a costly car being photographed nearby. A small price to pay to make sure that any unexpected events don’t arise!


Your camera can be covered either through its own standalone policy or as an endorsement to an existing homeowners or renters policy, with the latter option often being cheaper and covering more incidents than its standalone counterpart. Your insurance agent or specialist camera insurance companies should have more information.

Some policies provide general liability insurance for photographers that can help protect you in the event of third-party litigation against them. For instance, should someone trip over your tripod at an event or you take photos that could be considered defamatory images, this type of coverage can cover legal fees, repairs and compensation payments. It should be noted however, that this form of protection does not replace commercial/professional liability coverage that protects businesses as an entity.

Based on your work type and size of operation as a whole, as well as how much equipment costs, camera insurance could be worthwhile. A few dollars each month could save thousands in repair or replacement expenses should you work with high-priced technology.

Purchase of inland marine insurance can also provide extra protection for your cameras during transportation or storage in locations other than where you usually work, making this solution useful for photographers who frequently transport equipment between locations for shoots.

Hill & Usher Insurance Services offer personalized camera and equipment policies tailored to photographers. Their basic package starts at $500 per year and provides coverage against theft, damage and loss for studio and rented gear coverage as well as studio location coverage. Furthermore, they also offer business owner policies which bundle general liability and commercial property insurance at a lower rate – perfect for small photo/video businesses that need protection against common risks; simply complete their questionnaire on their website for a tailored quote!