The photographing career needs very expensive equipment. It would be very unfortunate if something happened when you had no insurance cover for your equipment. You need an insurance policy to cover your equipment against theft, damage or loss. You will need to insure each item separately with their individual make, model, serial number and its value.
insurance for photographers are of two types: the commercial cover, if you use them for business and an All Risk Personal Floater if the equipment is for home use. The peace of mind that comes with insuring your equipment is overwhelming, the cost is not extreme, and you can afford it without denting your wallet.