Join Date: Feb 2008
Location: Fredonia, NY on L.Erie
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That earlier reference to a marine rider, or floater as they are sometimes called, is a good idea. Years ago in the 60's I was working as a freelance photographer in Boston and I was able to cover my gear with such a marine floater, which was added to my homeowners policy. The cost was reasonable, 10% of the total declared value, paid annually. Best of all was the mysterious disappearance clause. That meant not having to prove that my stuff was stolen, which can be a tedious and uncertain process. In addition my equipment was covered right up to the full value as listed when insured , 100%, not some lesser amount determined by an insurance adjuster. This inventory and valuation was updated yearly which meant I always had a list of all serial numbers, as did my agent.
Incidentally it is known as a marine floater because it came into use originally to cover people's belongings while they were at sea, back in the halcyon days of transatlantic liners.