Likewise, I'm not that convinced about insurance. This should guarantee that I lose something valuable tomorrow, but over the last quarter-century I've found that useful, world-wide insurance for more than a small amount of valuable kit is so damnably expensive that it's probably cheaper to take the risk.
Cheers,
R.[/quote]
Roger, after I dropped a camera too many, I checked with my Home Owner's folks, and purchased an "Inland Marine" policy, no deductible, all risk. It was 1% of the stated value per year, and I have had three policies since, as my insurance companies change. Last year it went up to 1.5% of listed value per year. I believe I have had such a policy with four companies, though some do not allow them, so I choose my home owner's policy with a company that offers the additional rider.
I have some vintage equipment insured, but I would be rather nervous traveling with modern gear not insured, as if I were carrying a few thousand cash in my pocket, the peace of mind is worth it to me.
I can easily understand that insurance companies function differently in other places, but for the few hundred a year, I travel and sleep a bit better. Insurance seems to be quite a bit more if you do not have a house to attach the policy to.
I still try to be careful and avoid claims, and the uninsured bits and pieces, such as finders, adapters, etc. will be painful enough if I am careless.
However, use of equipment always involves risk, and I agree fully about using kit that can be replaced, but you can pick and choose to insure what you carry most. Much of my gear that is only used occasionally is just under normal homeowner's insurance to the limits of that policy.
Regards, John