BLK360 Insurance Costs

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tjawed
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BLK360 Insurance Costs

Post by tjawed »

Just got a quote from my insurance guy at ~1800 per year to insure my BLK. Surprised it was that high - but maybe that is typical?

What do you pay for insurance?
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Re: BLK360 Insurance Costs

Post by ScottErnst »

You want to get an Inland Marine Policy (at least in the US). For some reason those types of policies cover gear for a lot cheaper than other policies. I got mine through Brown & Brown (they have offices in multiple states) and the underwriter was Ohio Securities. I covered $100,000 worth of scanning equipment, computers, tools etc for under $700. It is for replacement cost. Not depreciated. $1000 deductible.
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Re: BLK360 Insurance Costs

Post by landmeterbeuckx »

tjawed wrote: Fri May 07, 2021 9:45 pm Just got a quote from my insurance guy at ~1800 per year to insure my BLK. Surprised it was that high - but maybe that is typical?

What do you pay for insurance?
That's pretty steep. I pay 1500€ a year for insuring an instrument that is 6x the value when buying it new.
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