The premiums are calculated differently for different types of
companies. For a DJ the liability coverage is $175 for the first system
and $60 for each additional system, e.g., 3 systems; $175 +$60 + $60 =
$295 total annual premium. If you want coverage on your equipment you
must submit a list of the equipment to be covered with replacement cost
for each item shown. The premium is 1% of the replacement cost (minimum
$150 premium), e.g., total equipment value of $20,000, 1% = $200 in
annual premium. For example, 3 systems valued at $20,000 would have an
annual premium of $495 for both liability and equipment coverage.
Search the Knowledgebase
Browse by Category
The article has been updated successfully.
