Different Policies For Different Photographers

When starting a photography business, insurance may be the last thing on your mind, but as you grow it will become more and more important. In our experience as professional photography insurance providers, there seem to be four key pieces of the insurance puzzle that really require some consideration in order to obtain the best coverage at the right price. Remember, that our agent Karen Stetz is always standing by to answer any questions you have about your policy. Depending on the size and scope of your photography business, different solutions and policies will be utilized. So a freelance photographer’s plan could look very different from a large scale film producer’s coverage – and this is as it should be. Only you and your insurance agent know what is the best fit for you.

So What Photography Insurance Policies are Available?

A business photography insurance plan from APA Insurance Services is made up of several different insurance policies (sometimes from several different carriers in order to achieve the best price). Photography and videography businesses need very different coverage than say, a restaurant or non-profit organization. That’s why APA Insurance’s policies were created specifically with artists in mind. Below is a lost os policies that we would suggest for business owners in artistic fields:

• Photographer’s General Liability: Photography General Liability covers claims where someone is harmed during the course of a photography shoot (or otherwise). This harm could include destruction of property or even physical harm to another person.
• Photographer’s Property Insurance: Photography Property Insurance acts to reimburse your business for any property loss. (Think: fire, wind damage, theft, etc.)
• Photographer’s Business Owner’s Policy: A Photography Business Owner’s Policy combines your general liability and Property Insurance for even bigger savings on your premium.
• Photography Errors and Omissions: This is an important on in the world of photography. Errors and Omissions insurance protects your business if financial loss is created by a professional mistake or oversight. Imagine that you ruined all of the shots from a very expensive photo shoot by having your camera on the wrong setting. You may think that could never happen to you, but trust us, even pros have bad days.
• Photography Workers Compensation: Photographers Workers Compensation reimburses medical expenses and a percentage of lost wages should anyone in your company (even you) suffer from a work-related injury.
• Photographer’s Cyber Liability: Photography Cyber Liability is the latest addition to our list of coverages. Cyber liability protects your business in case your data has been stolen or mismanaged. Imagine if you were a birth photographer and the intimate pictures you took at your last shoot were stolen and placed online. That could spell out big trouble for you.
• Photographer’s Umbrella or Excess Liability: AnUmbrella Policy would be any additional coverage you might need. So Imagine that a claim exceeds the limits of your current business plan. Depending on the overage, an umbrella policy will protect you from having to pay the difference out of pocket.

• Photography Equipment Coverage: This is pretty self explanatory, but Photography Equipment Coverage ensures that your equipment can be replaced if it is harmed or stolen and is included in all of our professional photography insurance coverage packages. APA Insurance Services prides itself on delivering certificates of insurance quickly for those who find themselves renting equipment.

• Photography Computer Equipment Insurance: Much like basic equipment coverage, computer equipment coverage covers all of your editing software, laptops, or additional hard drives.

• Photographer Auto Insurance: Does your photography business own a car or van to that is used for commercial purposes? You might be eligible to add this to your photography business policy to ensure that your vehicle is protected form damage, collisions, fire and theft.

One or all of these types of coverages needs to be adjusted to meet all the needs of your growing business. These policies can be used in combination with each other, or on their own. Many photographers who are just starting out, only opt for photography gear insurance to protect their valuable equipment from loss.

Questions? Shoot me an email to karen@apainsuranceservices.com!

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