Tuesday, May 4
Works For Me Wednesday-Digital SLR Camera Replacement
My husband used to work in insurance, so he knows a lot about--wait for it............insurance!
We just bought a new digital SLR camera. Although it was purchased through many a gift card given to us for birthdays and other occasions, should something happen to the camera, whether it was stolen or damaged in some way, it would be very costly to replace--AKA it would take a really long time to save to replace it.
He mentions to me the other day that I need to call our insurance agent and request to add our new camera to our personal articles policy. Of course the camera would be covered under our standard homeowners policy, but that has a large enough deductible that it would not be worth it to file a claim.
So basically, you can add a high ticket item and pay it's own premium and that item is completely separate should something happen to it. Our premium for our new camera is about $14 a year. A year. So heaven forbid the camera gets dropped or the Peanut spills milk on it or it gets stolen, or whatever, we simply have to pay our small deductible of $100 and the camera will be replaced! I had no idea we could do this, and I am guessing a lot of others don't know this either!
Insuring your digital SLR camera definitely Works For Me!