Protection plans on New photo equipment

[Todd Caswell]

How many of you purchase protection plans on new equipment?

[Steve Foss]

I never have.

[Cads]

The way I look at it is, if the electronic equipment will fail, then, most of the time, it'll be in the first 30 days of the purchase; therefore, I don't waste my money on protection plans. Most stores will let you return any merchandise within 30 days of the purchase, and if they don't go somewhere else. Many salesman receive more commission when they sell a protection plan. I would'nt waste your money.

[Todd Caswell]

I wasn't refering to extended warrety as much as accidental plans such as the ones offered when purchasing from BH.

[finnbay]

I haven't purchased these as well. Regular warranty, and then camera insurance.

[MARINERMAGNUM]

Check out putting a rider on your home owners ins. That's what I did. Cheap,and it covers theft,dumping it in the drink,dropping it in the terlit,whatever. Mine was like $20/year. No brainer.

[Steve Foss]

Only caveat to the rider is that if you make any money off photography and they find that out, they will deny a claim because they will label you a pro. So don't ask-don't tell is definitely in play in those situations.

[MARINERMAGNUM]

It also helps to have an old high school buddy for your ins agent.

[Dbl]

Never have bought extended protection plans for anything I own. Steve is dead on correct about the insurance. I carry a separate commercial policy, I don't want any issues on my homeowners and I need liability insurance. I would guess insurance issues are the single most neglected item for those selling their work.