you'd be mad
not to cover your gear. It may well amount to a piece of paper but then so is a carnet, or driving licence (of old), or passport etc etc. If you go to the right insurers you'll get good cover. I've had 2 claims in the last 10 years and both times my insurers were polite, efficient and paid up promptly. Maybe it was because I had receipts, was honest and valued my gear.
Like anyone I'm not mad on spending unnecessary money but I like my cameras and lenses and tripods etc and would want to replace them if damaged/stolen.
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