Re: [Leica] Passport Un-Warranty (Not TRUE!)

["Tom Schofield" <tdschofield@email.msn.com>]

You might want to talk further with your agent aobut the coverages, and
maybe asked to see the policy languages.  (Assuming your agent really even
knows!)  For instances, "theft" under a homeowner's policy may not cover
"mysterious disappearance."  They may not accept a "theft" claim if all you
can say is it was sitting there yesterday, and its not today, without some
evidence of theft such as evidence of forced entry, witness seeing it
carried off, etc.  Also, check to make sure you have replacement cost
coverage and not fair market value.  For collectibles, you may want a
"stated value" policy, if they have them for cameras -- for a collector's
car you can have a restored classic appraised and insured for that stated
amount, so that the company doesn't say a '55 Buick is worth $200 when a
claim is made.


Tom Schofield


- ----- Original Message -----
From: Dan S <dstate1@hotmail.com>
To: <leica-users@mejac.palo-alto.ca.us>
Sent: Thursday, December 30, 1999 7:07 AM
Subject: Re: [Leica] Passport Un-Warranty (Not TRUE!)


> I thought this was the case also.  I went in to have a special rider put
on
> my policy and in the conversation found that I was already covered far in
> excess of the value of my equipment.
>
> I am sure this may vary by policy, but I was glad to know I am covered!
>
> Dan
>
> >
> >Dan,
> >
> > >Your home-owners insurance should cover theft, and frankly you would
have
> >to
> > > be an idiot to loose a Leica <<
> >
> >My point was that any modern Leica camera or lens exceeds the standard
> >limits of most homeowner's policies. By adding a relatively inexpensive
> >all-risk rider to your existing policy, you are covered for everything
the
> >Passport warranty covers (except adjustment or maintenance not made
> >necessary by damage) as well as theft, fire, cosmetic damage or loss.
> >
> >By "loss" I mean any situation in which you cannot return the remains
(with
> >a legible serial number) to Leica. I don't mean forgetting where you put
> >it.
> >This would include robbery, theft, or, for those who are inclined to drop
> >their cameras, dropping it into a place from where it can't be recovered.
> >
> >In the documentation that comes with the Passport, Leica doesn't call it
a
> >"warranty" or a "guarantee." These terms can have strict legal meanings.
> >Instead, Leica call it the "Passport Protection Plan."
> >
> >I'm not an insurance salesman and really don't care whether anyone else
> >pays
> >the extra hundreds of dollars for the Passport coverage. Everyone's needs
> >are different - as is everyone's existing coverage. In my case, I've
saved
> >a
> >tremendous amount of money by forgoing the Passport coverage and I think
my
> >cameras and lenses are better protected. With the money I've saved, I
could
> >afford to pay for a little maintenance. I think that in the last 20 years
> >I've spent about $175 on a single Leica repair - on a camera that
wouldn't
> >have been eligible for Passport anyway.
> >
> >
> >Bryan
> >
> >----- Original Message -----
> >From: "Dan S" <dstate1@hotmail.com>
> >To: <leica-users@mejac.palo-alto.ca.us>
> >Sent: Thursday, December 30, 1999 4:39 AM
> >Subject: Re: [Leica] Passport Un-Warranty (Not TRUE!)
> >
> >
> > > So are you expecting your auto-warranty to cover theft also?
> > > Would you buy a new car without a warranty?
> > > The warranty is just that, a WARRANTY, not insurance.
> > >
> > > Your home-owners insurance should cover theft, and frankly you would
> >have
> >to
> > > be an idiot to loose a Leica.
> > > Also, based on the conversations here on the LUG, FAR more of us have
> > > dropped our cameras than had them stolen!(I even remember someone
> >dropping
> > > their camera in the toilet!)
> > >
> > > I have NEVER had a camera stolen, but I have dropped damn near all of
> >them
> > > at one time or another.
> > >
> > > Dan States
> > >
> > >
> > >
> > >
> > > >
> > > >
> > > >Now, before you buy a camera with the "passport"
> > > >warranty, go in the bathroom, close the door, take off
> > > >your shirt, look in the mirror, and see if you have
> > > >the word "SUCKER" tattooed on your chest.
> > > >
> > > >The Passport warranty DOES NOT COVER theft or loss.
> > > >These are your too greatest areas of exposure.  Would
> > > >you buy auto insurance that didn't cover theft?  Of
> > > >course not.  Also, the thing they don't tell you is
> > > >that the passport warranty DOES NOT COVER cosmetic
> > > >damage.  Oh yes, what do you do if you are out of the
> > > >country and you have a problem?  Well, you are out of
> > > >lock, because you have to return the camera to Leica
> > > >USA....got-cha.
> > > >
> > > >Of course,  the dealers selling passport warranty
> > > >cameras will try and scare you into buying a passport
> > > >camera playing on your fears of not being able to get
> > > >it serviced, etc.  Don't buy it.  Any good dealer who
> > > >sells NON-passport Leica equipment will  be able to
> > > >take care of getting it serviced for you.  Just ask
> > > >them.
> > > >
> > > >Plus, if the passport warranty is such a great deal,
> > > >why don't they off the camera, lens, etc. without it?
> > > >The reason is, nobody would buy it.
> > > >
> > > >Now, if you are planning to buy an R8, disregard all
> > > >of the above.
> > > >
> > > >The moral to this story is:
> > > >
> > > >Don't buy insurance from a camera dealer, and don't
> > > >buy a camera from your insurance agent.
> > > >
> > > >Bill
> > > >
> > > >
> > > >
> > > >
> > > >
> > > >__________________________________________________
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> >
>
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