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Gear Insurance FYI
Posted: Fri Oct 13, 2006 8:29 am
by Mattdog
My house insurance is with ING Direct. They can "List" my kitesurfing gear for any type of theft (e.g. from car) for $120/year with no deductible. I don't know if it covers losing a kite or board while on the water ...
Posted: Fri Oct 13, 2006 9:18 am
by WindePendanT
Good to know.
Thanks Mattdog.
Posted: Fri Oct 13, 2006 1:47 pm
by Russian Dood
I have the same for my gear, and no they don't cover loss or damage as a result of use
Insurance
Posted: Fri Oct 13, 2006 3:52 pm
by asscrack
Great to know,where to get insurance.A few thieves out there."Off with thier hands,I say"!
Posted: Fri Oct 13, 2006 3:58 pm
by Kite Kook
And what if your gear is not "listed"?
The small print of the policy I was considering years ago made it clear that my kiting gear would fall under the broad catagory of sporting equipment. I was happy with the provisions ($200 deductable, $5000 limit). This included theft from car etc. There was no need to get "listed" or to purchase any kind of rider or extra coverage.
If you ask an insurance company, they will almost always (surprise surprise) suggest buying extra coverage. My question is, why buy extra coverage if you already paid for the protection in your general policy?
I do understand that the underwriters differ in their coverage, so it pays to read the small print carefully. My experience is the person selling is often ignorant and simply wants to sell you more coverage.
buyer beware!
Power to the consumers who compare, so thanks for the info Mattdog.
Cheers,
Paul
Posted: Fri Oct 13, 2006 4:55 pm
by Mattdog
when you list it there is no deductible - which is usually $500. Plus regular coverage for sporting goods maxes at something like $1000 or $2000. for $120 it;s nice to know your $4000 gear is covered if someone lifts your car.
Deductibles went up sharply after 9/11 rendering much insurance redundant for most stuff that's stolen. But if our house burns down we still get a sh*t load.
Posted: Sat Oct 14, 2006 8:15 am
by KUS
TAKE PICTURES OF YOUR GEAR
First thing they ask for if you don't have receipts. I regularly cruise into my garage and basement and snap a few (well, all my stuff actually) and put them into an "insurance folder"
I made a claim for damaged gear in the past, they only wanted the pix and cost estimates for replacement from stores
But....I always had to pay deductibles, never heard of ANY claims without it, wow
