Buying Your First Insurance Policies: A Guide for Everyone

4 Types of Insurance You Need as a Professional Photographer

Photography might seem like one of the least risky professions out there, but once you've been in the job long enough, you'll realise a lot can go wrong. While you may take extra precautions when shooting animals or weapons, sometimes disaster can strike even in a seemingly safe studio. It only takes a split second for one of your models or clients to get hurt or for expensive equipment to get damaged. Thankfully, insurance can help you mitigate the financial risks of photography and avoid hefty legal fees. Here are the four types of business insurance you'll need to handle risks and dangers as a professional photographer.

1. Public liability insurance

Starting off with one of the most important insurances in the photography field, public liability insurance guarantees help if you're held liable for someone else's injury or property damage. If a model trips and falls while you're directing them or a client damages public property while posing, you may think it's out of your hands. However, you could actually be taken to court and held financially responsible. Public liability insurance ensures you'll have enough money to cover any necessary defences or compensation if such an accident does occur.

2. Professional indemnity insurance

Professional indemnity insurance comes to play when you're faced with claims of negligence. Almost every photographer deals with clients who accuse them of providing poor-quality photos that aren't worth the money. With professional indemnity insurance, if a problem client decides to get serious, your insurance company will pay your legal fees so you don't have to worry.

3.  Business interruption insurance

Even the best-maintained studio has its problems. Whether your lights cut out, your property floods or you just can't get into work, you won't have to worry about losing out on earnings. Business interruption insurance can pay the costs of moving your business elsewhere and setting up a new studio, while also reimbursing any lost earnings in the process.

4. Property and contents insurance

For a shoot to be perfect, you need all your equipment — lights, props and backdrops — to be in top condition. So the worst thing that could happen to a photographer is broken equipment. Sadly, this dreadful occurrence is something most — if not all — photographers have to go through at some point in their career. And, replacing technical equipment out of pocket can financially cripple a business. Thankfully, property and contents insurance policies can cover all the equipment in your studio against theft and damage.