This can't be happening :(

[Colin Southern]

$5000 excess clause!!!!!
That's exorbitantly high. I wonder what kind of premiums you must all be paying!

Hi Sahil,

That's what I wanted. Chances are that I won't need to use insurance anyway (if the odds weren't in favour of the insurance companies then they couldn't exist) - so really all I'm wanting is cover against - say - a fire / natural disaster / someone stealing the lot etc. The $5000 excess drops the premium by (off memory) around 500 per year (don't forget we're talking commercial insurance here, not your typical home cover) - so it becomes an exercise in risk management; if I break / lose / damage less than $5000 worth of gear every 10 years then I'm ahead (and I don't think I've ever had to claim on insurance for anything other than motor vehicle) (curse the person who planted that steel post into the concrete behind my vehicle when I wasn't looking for a second!).

[Sahil]

Well, if insurance premiums are that high in your part of the world, then yes, one will have to be very calculative.
My 1% premium covers everything. Stealing, Breaking etc.

[Colin Southern]

Well, if insurance premiums are that high in your part of the world, then yes, one will have to be very calculative.
My 1% premium covers everything. Stealing, Breaking etc.

Hi Sahil,

I'm not sure how ours compare to other countries, but don't forget, what I'm talking about here is a commercial policy - so it's also covering other things that don't apply to a domestic policy (which I'm assuming that yours is?)

[Sahil]

Hi Sahil,

I'm not sure how ours compare to other countries, but don't forget, what I'm talking about here is a commercial policy - so it's also covering other things that don't apply to a domestic policy (which I'm assuming that yours is?)

Yea, may be mine doesn't cover commercial terms like third party claims. Even if it did, I don't think it would be more than 2-3% of the Sum assured.

[Sahil]

And hey, I have given the center guys my camera. It will be sent to their Head Service Center. Lets see how it goes. I hope for the best.

[krispix]

I don't know about you good folks, but I struggle to understand 90% of the small print - it's so "legaleze". I work through a broker for my insurance -- what usually happens is I put a lot of "scenarios" to them - they come back with answers that make sense, but I must admit to always worrying that when "push comes to shove" just how easy it would be to get compensation.

Speaking of insurance in general though - as a basic strategy - I try to insure only against major things (like losing the lot) - so I've elected for a $5000 excess (which lowered the premiums by about 1/3) - if I damaged something to the tune of $4999 I'd have to wear it (which would leave me in a foul mood for a few days!), but it's really the other few hundred thousand that I want protection on.

That reminds me - I have 2 premious due now - there goes another $2000+

Hey Colin,

This sounds like an enormous amount of money. For the sake of us non-colonials can you translate into GBP or US$?

[Electron]

I have come in very late in this discussion, but I just wondered how any light effect, (laser or otherwise), if safe for the human eye, can possible damage your camera??? I don't think the problem with your sensor has anything to do with the light show. Just my two cents worth. Hope you get it fixed in the end.

[arith]

Hi Sahil,

That's what I wanted. Chances are that I won't need to use insurance anyway (if the odds weren't in favour of the insurance companies then they couldn't exist) - so really all I'm wanting is cover against - say - a fire / natural disaster / someone stealing the lot etc. The $5000 excess drops the premium by (off memory) around 500 per year (don't forget we're talking commercial insurance here, not your typical home cover) - so it becomes an exercise in risk management; if I break / lose / damage less than $5000 worth of gear every 10 years then I'm ahead (and I don't think I've ever had to claim on insurance for anything other than motor vehicle) (curse the person who planted that steel post into the concrete behind my vehicle when I wasn't looking for a second!).

My camera is insured up to £2500 with £50 excess on house contents. It isn't insured for accidental inside the home but is outside. I bet if I burned the sensor with the sun, took it to the river and chucked it in, they would first want to know how it got in the river and then expect me to recover it.

I looked at commercial insurance once for a car and was surprised it was even cheaper than home insurance, but that would be a fiddle.

Best idea is to not have to claim.

[Sahil]

I have come in very late in this discussion, but I just wondered how any light effect, (laser or otherwise), if safe for the human eye, can possible damage your camera??? I don't think the problem with your sensor has anything to do with the light show. Just my two cents worth. Hope you get it fixed in the end.

Hi Electron,

Looking directly at the source of laser lights is NOT good for your eyes. I would suggest you not to do that.
Well I cannot be sure about the camera though.

[Steaphany]

Why don't you have the retina of your eyes evaluated for laser damage, if this happened to your camera, I would suspect that the same could be seen inside your eyes, then you'd have grounds to sue based on both camera and your own vision damage.