The optional insurance offered through our website covers damage only. It does not cover water damage, missing parts or accessories, or lost/stolen equipment.
There is a 10% deductible based on the retail value of the piece of equipment. So for example, if you rent a lens that is worth $1,000, the deductible is $100. In the event the equipment is damaged, we would send it off for repair and the charge to you will be based on the repair cost. If the repair total is less then the deductible (in the example, less than $100) then you are responsible for the repair, if the repair is greater than the deductible (in the example greater than $100) then you are only responsible for $100.
The insurance prevents you from having to pay an entire repair or replace the equipment in case of extensive damage.