Your equipment is vital to your career and everyday operation. Like Misty Copeland requires pointe shoes to master her performance and Banksy requires spray paint to produce his street art, you need your equipment to capture, edit and share your shots.

While Misty Copeland and Banksy can replenish their equipment if it is lost, stolen or damaged, as a professional photographer, you need equipment insurance. Luckily, as a PPA member, you have two options for equipment insurance from Lockton Affinity—PhotoCare® and Photocare® Plus.

PhotoCare

PhotoCare is basic equipment insurance that is included as part of your PPA membership, though you must activate the policy for coverage to take effect. Once your policy is activated, your equipment will be protected in the event of loss, theft and damage up to $15,000.

The details:

  • Covers equipment up to $15,000
  • Deductibles begin at $250 for your first loss, then go up $250 for each claim within a 12-month period. ($500 for a second claim, $750 for a third)
  • Replaces equipment at actual cash value (depreciated value)
  • Coverage includes loss, theft and damage of equipment and computer hardware
  • Worldwide and on-location coverage is included

PhotoCare Plus

PhotoCare Plus is an enhanced equipment insurance policy. If the $15,000 limit of PhotoCare is not enough to protect your equipment should it be lost, stolen or damaged or you are looking for replacement-cost coverage, PhotoCare Plus is for you. This policy covers equipment up to $100,000 and even extends to your employees if they are not PPA members.

The details:

  • Covers equipment up to $100,000
  • Flat $250 deductible
  • Coverage includes loss, theft, mysterious disappearance (when the cause of the loss cannot be sufficiently explained) and damage of equipment and computer hardware
  • Losses are replaced at cost value for scheduled property and actual cash value for unscheduled property
  • Worldwide and on-location coverage is included
  • Drones/UAS are covered

Claim examples PhotoCare Plus would cover:

  • Someone sneaks onto a location shoot and grabs all your equipment. Replacement cost is more than $25,000. PhotoCare Plus covers it.
  • Your business’s new desktop monitor is stolen from your studio. You bought it for $2,250. PhotoCare Plus covers it.
  • Your camera case disappears on an international flight from Miami to Mexico City. Replacement cost is $8,200. PhotoCare Plus covers it.

 

Your equipment is vital to your career. Activate your PhotoCare coverage or purchase PhotoCare Plus to protect your equipment today at InsuranceForPPA.com.