Why Is Photography Insurance Important?
Photographers rely on expensive equipment to get the best shots for their clients. But having these costly tools can expose you to even more risks. All small businesses face risks every day, that’s why making sure you have the right business insurance is so important. It can help protect you, your business, equipment and staff.
Who Needs Photography Insurance?
- Photography studios
- Passport photographers
- Portrait photographers
- School photographers
- Wedding photographers
- Event photographers
- Nature photographers
- Sports photographers
- Freelance photographers
What Is the Best Insurance for Photographers?
Most photographers have a Business Owner’s Policy (BOP). A BOP combines three types of coverages that are important for small businesses. This can help your company save money on insurance rates while helping protect your photography business.
General liability insurance (GLI) helps protect your business from claims of bodily injury and property damage. This coverage can help if a wedding guest trips over one of your flash stands and hurts themselves, or if you accidentally damage a client’s home while taking family portraits.
Business property insurance helps cover your costs if your owned or rented place of business and photography equipment gets damaged or destroyed. This coverage can help protect your:
- Cameras
- Flashes
- Memory cards
- Computers and external hard drives
- Stands and backdrops
Business income insurance replaces some of your photography company’s lost income if you can’t open because of covered property damage, such as a fire or wind damage.
What Coverages Do Photographers Need?
Some common coverages you may want to include in your photography insurance policy include:
- General liability insurance
- Business property insurance
- Interruption for computer operations
- Workers’ compensation
- Professional liability insurance
- Business income insurance
- Home-based business insurance
Covering Your Photography Team
Lawsuits
“A client hired us to shoot their wedding. We captured some great moments, but when the couple got their photos, they claimed we didn’t get the right angle for the pictures of their ceremony. So, they sued our business.”
Employee Injury
“While we were scoping the outdoor venue looking for a good backdrop, my assistant tripped in a hole and could barely walk. He went to the nearest urgent care and ended up being diagnosed with a broken ankle.”
Covering Your Photography Operations
“I had a full Saturday of family sessions planned. When I got to the location and opened my passenger door, my camera and equipment fell right into a puddle. Two of my lenses were scratched and my camera had major water damage.”
“Our client was in the studio for a shoot when she tripped over a light stand. She cut her finger as she tried to catch herself and had to go get stitches.”
“Drones help us get amazing shots, but you have to know what you’re doing. At one of our first weddings to use one, we accidentally crashed it into a tree. One of the propellers broke and it wouldn’t fly anymore.”
“While flying to a destination wedding, I lost one of my lenses. I needed it for the reception, so I had to buy a replacement to get the shots I promised in our contract.”
Your clients rely on you and your photography business to capture their special moments or big days. It’s essential you work with an insurance company you can count on in case something happens to you, your team, equipment or business. We have more than 200 years of experience and our specialists are ready to help you every step of the way. Whether it’s getting a photography insurance quote or filing a claim, we’ve got your back.
Source: https://www.thehartford.com/business-insurance/photography
