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If you use your camera for commercial purposes, it would be best if you get a commercial plan but what if you only occasionally use your camera equipment and your entire income does not come from it? Many photographers generate some revenue from their work –whether you get your income solely from photography or get a portion of it from it, getting a commercial policy is recommended. Commercial policies are expensive though but do not jump into one policy just yet before you have talked to a handful of insurers.

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Many insurers would tell you that since you only use your camera equipment from time to time to generate some income, a personal policy would be enough while other insurers will say that it would be best to get a commercial policy. The question is, who would you listen to?

Talking to a number of insurers would help you arrive to a sound decision and may even get you the best deal. Remember however that you should not misrepresent your information or else you will be denied coverage.

If photography is not just a hobby to you but a source of living, getting a commercial plan is a must. Unlike a personal policy or a floater, a commercial plan would be able to cover general liability, workers compensation, commercial property, commercial automobile coverage and to things like umbrella liability. This is a very good deal because your insurance policy will be able to cover for loss of income due to the loss of your camera equipment. Most floaters in homeowner policies have rather rigid limitations making it impossible for you to get enough money to cover lost income and not enough money to cover for the equipment as well. The bottom line is, you should read the fine print on every policy you are being offered to make sure that it will not be you who will suffer in an event that your camera equipment is lost, damaged or stolen.

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Camera equipment is expensive and most photographers whether they are professionals or hobbyists spend years acquiring their photography equipment. If you were in a situation where you had to replace all of your camera equipment in one go, would you be able to do so without hurting your budget? What would one do in such a situation is beyond every photography enthusiast. In fact, no one would like to think about that –after all, it took them years to get all those lenses together and took a lot of money to buy the best of the best that the market can offer.

Think hard though because what if, in a blink of an eye, your equipment is gone –poof! If this scares you, then it may be time to insure your equipment. There are a range of policies you can take a look at. You can ask your insurer if you can also include insurance for your equipment in existing policies.

You should make sure that you check the coverage and that your policy will be able to pay for the replacement of your camera equipment in case you lose all of them. You should be able to determine what type of policy you need though because this plays a big part whether you would have exclusions or not. If you do not make money out of your equipment, you only need a standard renters or homeowners policy. This should cover against theft and fire. Another great alternative is to get an all-risk floater. This is usually an attachment to your renters policy or homeowners policy.

For those who utilize their camera equipment for commercial purposes, you can always get a commercial policy. A policy like this one will cover all types of risks and you can even get a variety of floaters if you want.