Georg Baumann
Subscriber Member
Greetings,
i just read your thread on extended warranty Guy and a question came to my mind.
I am aware that the parameters will be different depending on where people are. However, here is a thought. The following applies only for business.
I was talking to my insurance broker, while I initially insured my photo gear for Euro 15K, just some DSLR stuff, I investigated the following option. The numbers are just for excercise, however, they are real.
I was asking what it costs me to up the package to 50K, whereby, this should include travels. The answer was it would cost me an additional 200 euro per year, which is a no brainer. There were some restrictions, like not insured if you travel to Kabul for example. LOL
So, I wonder, would it not be a better option to pack that into insurance after the normal warranty runs out instead of buying the package from the manufacturer?
Of course, it depends on what the insurance exactly covers. In my case for example theft was included, some rules apply of course. Say it is stolen from your hotel room, they insist that it was in the room safe, and that a police report is provided stating the safe was opened with force, stuff like that.
What is your take on that folks?
Best wishes
Georg
i just read your thread on extended warranty Guy and a question came to my mind.
I am aware that the parameters will be different depending on where people are. However, here is a thought. The following applies only for business.
I was talking to my insurance broker, while I initially insured my photo gear for Euro 15K, just some DSLR stuff, I investigated the following option. The numbers are just for excercise, however, they are real.
I was asking what it costs me to up the package to 50K, whereby, this should include travels. The answer was it would cost me an additional 200 euro per year, which is a no brainer. There were some restrictions, like not insured if you travel to Kabul for example. LOL
So, I wonder, would it not be a better option to pack that into insurance after the normal warranty runs out instead of buying the package from the manufacturer?
Of course, it depends on what the insurance exactly covers. In my case for example theft was included, some rules apply of course. Say it is stolen from your hotel room, they insist that it was in the room safe, and that a police report is provided stating the safe was opened with force, stuff like that.
What is your take on that folks?
Best wishes
Georg