We all do it. When running a thriving photography business (or in the case of APA Insurance Services, a busy insurance business), it’s all too easy to grow complacent where your support services are concerned. You want to believe that your photography equipment supplier, set designer, accountant and insurance provider all have your best interests in mind. Unfortunately, that’s not always the case. It’s a good practice to schedule a day from time to time to review all your support service providers, including your insurance policy. Specifically as a photographer, here are just a few things to keep an eye out for when reviewing your policy:
- Have Your Rates Gone Up? One of the most attention-grabbing, overhead cost-impacting reasons for small business owners to reconsider their insurance policy provider is when their rates are suddenly on the rise. It’s simply a good business decision to shop around for the best rates – particularly if it’s a significant increase. APA Insurance Services and our Problem Solvers remain committed to helping you find the best and most competitive pricing for your business insurance.
- Do You Have International Coverage? Even if you don’t currently travel internationally for business, if you plan to grow in exciting new directions, our Equipment Only Policy offers WORLDWIDE coverage on both owned and rented equipment for up to $21,000 for Non-APA Members, and $31,000 for APA Members. This policy also covers up to two laptops, with a maximum value of $2,500. After a $1,000 deductible, you’re covered for theft, mysterious disappearance, fire, vandalism and accidental breakage.
- Does Your Insurance Protect More Than Your Equipment? As a business owner, you no doubt realize that your equipment isn’t the only thing that requires protection. Our more comprehensive Premier Photography Insurance Policy covers equipment PLUS your business personal property (including sets, wardrobe, props, office furniture and more), business income coverage (including time lost to a business move), general liability insurance (to protect you from injuries to your clients and employees both on- and off-site), errors & omissions insurance (in the event that a client doesn’t believe you’ve fulfilled all aspects of your contract), and auto insurance. You can also enhance your policy with worker’s compensation insurance and international commercial general liability insurance. Our Problem Solvers can help you build the best policies to protect you and your business.
- Does Your Insurance Provider Offer Free Certificates of Insurance? Often, when shooting at a venue, renting a vehicle to haul your equipment and sets about town or leasing space in a studio, you will be asked to provide a copy of your certificate of insurance as proof that you have the appropriate coverage in the event of damage or injury. While some companies may charge a processing fee for each copy, APA Insurance Services is proud to provide copies of your Certificate of Insurance at no additional cost. Because insuring photographers is not only our specialty, but also our sole focus, we understand that photographers – particularly those who do a lot of off-site shoots – will be asked for their certificate of insurance often. We don’t believe you should have to pay for each copy. The more copies you need, the likelier it is that your photography business is growing and successful.
- Does Your Insurance Provider Offer Multiple Lines? Some insurance providers only provide one carrier from which to choose for your photography business insurance. APA Insurance Services is pleased to provide a choice of multiple insurance carriers – so we can compare coverage and rates to find which one proves the best fit for both your needs and budget.
Even if you elect to stick with your existing provider in the end, APA Insurance Services welcomes the chance to help you review your current policy, your coverage needs and potential new options. Getting started is as easy as calling Karen today at 478-796-9710. You can also fill out a secure online contact form and one of our Problem Solvers will be in touch with you soon. To learn more about APA Insurance Services and our plans, we invite you to visit us online at www.apainsuranceservices.com.