I'm looking at equipment insurance for my new gear, and seem to get quite a wide variance in pricing. One quote came in with a premium worth 5% of the combined cost of the gear (and didn't even cover it for fire damage).
Other quotes seem to come in with premiums around 3.5% and 3% the value of the gear.
However I was told that 2.5% is about as much of a premium as you should pay for equipment insurance.
If anyone could share their experiences and what their gear-value/premium ratio has been, that'd be much appreciated - I simply can't figure out what's a reasonable rate.
Any help would be much appreciated.