Insurance for photographers is designed to financially safeguard your company against stealing, property damage, and client lawsuits. Photographer insurance is available in a variety of forms. Your policy and coverage provider will determine which type you require or prefer, as well as what is covered.
Why Do You Need Insurance?
Photographer insurance safeguards both your professional and personal possessions. Could you, for example, be able to replace all of your equipment if your studio was broken into and everything was stolen? Would you be able to cover an expensive item that was ruined after a rowdy guest kicked over your equipment? What if a family comes to you and asks you to pay for medical bills related to an incident that happened in your office?
What Types of Insurance Are Available?
This is dependent on the structure of your company and what is protected by the insurance coverage you already have. However, here’s a quick rundown of the various policies you might choose.
- General liability: Protects you from third-party claims for bodily harm, damage to property, or medical expenses
- Errors and omissions: Helps protect you and your employees from substandard work
- Property insurance: Protects you against damage done to the building
- Equipment insurance: Covers the cost of replacing or repairing your equipment if it is damaged or lost
- Commercial auto: Protects against accidents on the road
- Disability insurance: When you’re unable to work or make money because of a disability, you will be compensated for your missed salary
Having photographer insurance is an essential part of your photography business. Consider the types available and be sure you’re covered.