Insurance: we all use it, but hate to think about it. None the less, insurance is crucial for filmmakers and an important part of renting professional camera equipment.
Sets can be chaotic. Accidents happen. You do not want to be on the hook for shelling out thousands, or tens of thousands of dollars to replace broken equipment.
At KitSplit we’ve built three affordable and full coverage insurance products to give you complete peace of mind. Our Damage Wavier is the most affordable option for renters, and is available for renters doing smaller rentals. KitSplit Instant Insurance is full coverage rented equipment insurance, and offers the best premium prices in the industry. The Owner Guarantee covers owners on the rare exclusions that Renters insurance doesn’t cover- it’s automatically applied for owners with rentals of gear up to $20,000, and it’s always free.
Gear Rental Coverage Comparison Chart
We put together the following handy chart to help you compare the options on KitSplit as well as those beyond. We hope it’ll help you clearly understand what coverage you can get and where to get it.
|KitSplit Damage Waiver||KitSplit Instant Insurance||KitSplit Owner Guarantee||Other Marketplaces’ Damage Waiver||Other Marketplaces’ Insurance||Third Party Insurance|
|Minimum Premium||$5||$125||Free||$7||$225||Depends on Provider|
|MaxCoverage||$10,000||$250,000||$20,000||$20,000||$750,000||Depends on Provider|
|Minimum Deductible||$500||$500||20% of Gear Value||12% of Gear Value||$250||Depends on Provider|
|Instant Certificates||Not Needed||Yes||Not needed||Depends on Provider||Depends on Provider||Depends on Provider|
|Max Rental Days||365||365||Unlimited||Up to 30||Unlimited||Depends on Provider|
|Depends on Provider|
|Loss byRenter||Yes||Yes||No||Depends on Provider||Depends on Provider||Depends on Provider|
|Theft from Renter||Yes||Yes||No||Yes||Yes||Depends on Provider|
|Theft from Unlocked Vehicle||No||Optional||No||No||Optional||Depends on Provider|
|Theft from Unattended Vehicles||No||Yes||No||No||Optional||Depends on Provider|
|Wear & Tear||No||No||No||No||No||No|
|Underwater Use||No||No||No||No||Optional||Depends on Provider|
|Regional Coverage||GlobalOptional||GlobalOptional||US Only||US Only||Global||Depends on Provider|
|Liability||No||No||No||Optional||Optional||Depends on Provider|
|Loss of Use||No||Optional||No||No||Optional||Depends on Provider|
|Serviced By||KitSplit||Heffins Insurance||KitSplit||Depends on Provider||Depends on Provider||Depends on Provider|
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