Guide to Photography and Camera Insurance
No matter how careful you are, accidents happen often more than you think, they are inevitable, and the best thing you could do for yourself is to find a way around it even if they eventually happen.
The risks associated with photography can be said to be a significant one, and when risks are high, the costs associated with these risks would be high too.
From as small as a cracked lens to as high as lawsuits, the risks involved in photography is no play. This is why, as a serious photographer, you need photography insurance. Here’s what you need to know about photography and camera insurance.
Photography and Camera Insurance Brokers
If you’ve decided to sign up for a photography and camera insurance, below are a few to check out:
- Professional Photographers of America (PPA) Photo Care Insurance
- Photo Care’s DSLR camera insurance covers
- E & O Insurance
- Hill & Usher
- Front Row Insurance
- HISCOX
- Insurance wide
Equipment and Camera Insurance
You can choose this type of insurance as part of your DSLR camera insurance package.
Photography can be quite costly, in terms of its gear. Any damage could turn into an expensive one.
If you don’t have equipment insurance, a damage to a dropped lens could cost you thousands of dollars.
Also, the results of tripping over and knocking down a laptop or tripod can come at a very high price.
This is why you should make sure you visit a photography insurance company and get your gear insured.
Note: When dealing with the insurance company, be sure to be as specific, front, and direct as possible about the fields in which you photograph.
Liability Insurance
Before you start work in any place you’re called to, make sure your liability insurance is in place because the potential for disaster can be too great.
For instance, you may be on your own, shooting at a restaurant; and a customer trips over an extension cord or cable.
If they are unfortunate to get injured as a result of the trip, this might spell doom for you if you’re not insured.
They could end up suing the restaurant, and if they did, chances are you are not going to be left out. General liability insurance, however, will help you cover your business, property, and those who you come in contact with. Also, it insures against claims of bodily or personal injury.
Errors and Omissions Insurance
Also called indemnity insurance, this type of insurance protects your reputation, and covers any costs associated with undergoing a lawsuit. It’s not easy running a professional service; things could go wrong. Mistakes are inevitable.
There may be oversights, or errors, contract breach, below-par work, and many others.
All of which could result in claims involving financial damages. If your client experiences a financial loss as a result of your work together, they can try to recover by filing a lawsuit against your business.
This will put your business in a dangerous situation unless you have errors and omissions insurance. It covers legal defense, court costs, settlement.