7 Best Photography Insurance Companies for 2022

Photography is a high-risk profession, but it doesn’t have to be. When you invest in photography insurance, you are protecting yourself not just from financial loss when something goes wrong on the job–but also keeping your future earnings intact by mitigating risk through an affordable plan that makes sense for your business.

The “best photography gear insurance” is a list of 7 companies that are the best for photographers. The list includes the top 3 and their features, as well as information on how to contact them.

Photographers and videographers often have three insurance options: insurance carriers that construct their own policies, brokers who can offer policies from many carriers, and professional trade groups, which may be the most cost-effective but normally require membership. Examples of all three may be found in our top seven photography insurance companies:

Simply put, the best photography insurance company in the world.

Simply Company, as an online broker, works with a number of top-rated insurance companies, including Travelers and CNA, to provide products to small business owners. Simply Business, on the other hand, is at the top of our list because of its simple application procedure, which results in quick quotations from numerous carriers. This allows photographers to choose the coverage that is most appropriate for their operations and budgets.

Simply Business is a website dedicated to business.

Coverage

Simply Business combines the two most important coverages for photographers’ businesses: general liability and professional liability. Typical quotes include:

• General liability limitations are $1 million per incident and $2 million overall.
• Professional liability insurance is worth $1 million per event and $1 million in total.
• The maximum amount you may spend on rental property is $100,000.
• Medical expenditures for injured third parties are limited to $5,000.
• Personal and advertising damage, such as defamation and copyright infringement, are subject to a $1 million cap.

These boundaries aren’t inflexible. General liability coverage of $100,000 to $2 million are available, as well as professional liability limits of up to $3 million. The greater the limitations you choose, the more your premium will be.

Simply Business specializes on liability insurance, therefore you may need to get property insurance from a different source. Business personal property coverage, including as coverage for your photographic equipment, is included in the quotations we obtained, with limits ranging from $5,000 to $25,000.

Costs

Simply Business has a monthly premium of $25.95 as a starting point. The insurance covers professional liability and equipment coverage, thus the premium is greater than what we got from other carriers and brokers. More significantly, the coverage we discovered via Simply Business had restrictions that were comparable to those we saw elsewhere.

Hiscox: Best for Photographers Who Work From Home

Hiscox is a leading small business insurance provider that caters to a broad variety of sectors, including photographers, by providing high-quality products at reasonable pricing. Its general liability minimum premium is $350, and photographers with home studios may be eligible for an extra 5% discount.

Hiscox is a place worth visiting.

Coverage

Hiscox offers general liability, professional liability, and BOPs to photographers. Hiscox’s general liability coverage, in instance, includes:

• The total maximum of $2 million is accessible online.
• You’ve paid $100,000 for the space you’ve leased.
• Optional business equipment coverage of up to $25,000 is available.

Photographers may also get a BOP with coverage limits of $500,000 for their studios, $250,000 for their goods, and $10,000 for computer disruption and data loss. Other policies, such as commercial auto, are available, but will not be issued by Hiscox.

Costs

Hiscox is one of the few insurance companies that publishes their minimal premiums on their website. It will take some time to find them, but they are:

• $350 per year for general liability
• Professional liability insurance costs $270 per year.
• BOP: $500 per year BOP: $500 per year BOP: $500 per year B

While few photographers pay the bare minimum, Hiscox can provide coverage at a reasonable price. General liability and BOPs estimates have ranged from $600 to $800. Professional liability insurance is often more costly, costing between $900 and $1,000 per year.

Hiscox also offers a 5% discount for purchasing several policies, a 14-day money-back guarantee, and no additional fees for selecting a monthly payment plan.

Hill & Usher: Best for All Media Professionals

Photographers, videographers, and media professionals should consider checking Hill & Usher. It offers Package Choice, wherein media professionals get the best property and liability coverages in a single insurance program.

Visit Hill & Usher

Coverage

The standout offering from Hill & Usher is its Package Choice program for media professionals. Offered to photographers, videographers, and design firms, Package Choice bundles essential photographer insurance policies, including coverage for:

• Cameras and equipment, including photographic equipment that has been rented or leased
• Contents of the studio
• Data, software, and computers
• Accusations of bodily harm or property damage
• Professional negligence has been leveled as a charge.

In the insurance market, a “program” is a collection of policies acquired by a group of people who face comparable risks. This enables small firms to get high-quality insurance at a lesser cost, but it may restrict coverage alternatives. Package Choice seems to be a rather strong program, since it includes general liability coverage up to $2 million per event and $4 million aggregate limits, as well as a number of extensions and endorsements, such as valuable documents, records, and film coverage.

Costs

The Hill & Usher site claims that the minimum premium for its Package Choice program is $500 per year in most states while coverage in some states may start at $400. They also offer basic policies with varying premiums below $500, including equipment-only options at $300 annually.

This cost will almost certainly rise as a result of the risks your company faces, the coverage levels you choose, and any endorsements you add to your policy.

The Hartford is the best option for BOP.

Another provider with a long history of personalizing insurance coverage for small companies is The Hartford. For photographers, personalized insurance begins with a BOP that combines general liability, property, and business income coverage, as well as automatic coverage for damage to electronic data and lost revenue due to cloud service outages. Photographers may then add potentially useful endorsements to their BOPs, such as international liability coverage.

Travel to Hartford, Connecticut.

Coverage

The Hartford, as a big national provider, can offer photographers more than just general and professional liability insurance. Workers’ compensation, commercial auto, and cyber liability are all available to photographers and videographers that work with the carrier.

The Hartford’s BOP, known as the Spectrum® Business Owner’s Insurance, is a standout policy for photographers. This BOP incorporates general liability, commercial property, and business interruption insurance, as do all BOPs. Photographers may, however, opt for a stretch endorsement, which automatically covers fraudulent transfers and contract penalties, as well as optional coverage for:

• Following a data breach, the government imposes sanctions.
• Papers and recordings of great value
• Electronic vandalism resulted in a loss of money.
• Employee deception

Costs

The Hartford does not publish minimum premiums on its website, as do many other insurance companies. You may, however, submit an online application to see quotations in three premium levels: Good, Better, and Best. BOP estimates for a one-person photography company were found in the following price ranges:

• Good: $440 to $650—only covers property and liability.
• Better: $500 to $800—everything in the Good level plus a waiver of subrogation and rented and nonowned auto.
• Best: $950 to $1,200—everything in the Better level plus data breach, drone coverage, and responsibility for water damage.

Photographers may mix and match all of the coverages available to better tailor their BOPs.

PPA: The Best Option for PPA Members

Photographers who join the PPA, the world’s biggest nonprofit photographic organization, get $15,000 in equipment coverage as part of their membership, with the option to upgrade at a modest fee. The $27.92 per month or $323 per year membership level includes equipment coverage, data loss protection, and other benefits.

Visit PPA

Coverage

PPA members automatically get $15,000 in equipment insurance via PhotoCare, which covers the cost of replacing stolen or damaged devices minus depreciation. PhotoCare deductibles begin at $250 and rise by $250 with each successive claim. A $250 deductible applies to claims for broken items.

The following are some of the PPA’s coverages:

• PhotoCare: This option gives up to $15,000 in equipment coverage and is included as part of your PPA membership. It should be noted that coverage does not begin until the membership is activated. Deductibles for replacement and repaired equipment are $350 and $50, respectively.
• PhotoCare Plus: This option boosts your equipment coverage to $100,000 and covers the whole cost of replacement up to your policy limitations. A $250 deductible applies to each loss. When compared to PhotoCare, its coverages are more costly. More information may be found here.
• PPA General Liability: The PPA’s general liability insurance has basic limits of coverage of $1 million per incident and $2 million aggregate. This insurance includes drone coverage, with limits of $50,000 and $25,000 available.

The PPA does provide a BOP, but members must contact the organization for further information and a quotation.

Costs

While you can’t customize your coverage as much as you’d want, the PPA’s prices are hard to beat:

• PhotoCare is included in your yearly subscription for free.
• PhotoCare Plus is available for $175 a year.
• With an active membership, PPA General Liability starts at $225 per year.
• PPA Liability Coverage for Drones & Unmanned Aircraft: Starts at $100 per year

Full Frame Insurance is the best option for low-cost insurance policies.

Only photographers and videographers are eligible for Full Frame Insurance’s low-cost coverage. The insurance are only accessible to individuals who fulfill the company’s requirements.

Visit Full Frame Insurance for more information.

Coverages

Full Frame Insurance charges premiums based on the project’s duration. To be eligible for insurance with Full Frame Insurance, photographers and videographers must meet the following requirements:

• No work that is deemed adult content must have been done or is presently being performed.
• Must not have done or be doing any “paparazzi” job in the past or present.
• In the previous five years, there must have been no complaints, claims, or litigation.
• There must be no other insurance claims totaling more than $5,000.

Photographers who have already paid their yearly rates with Full Frame Insurance may add more insureds retrospectively. Each extra insured costs $15, with a total of $30 for an infinite number of additional insureds. Photographers who have acquired event coverage, on the other hand, may add as many extra insureds as they like for $5.

Costs

Full Frame Insurance provides one-day insurance coverage for $59 and yearly premiums for $129 per year.

Best for Creating Versatile Coverages is the Thimble.

Thimble is an excellent insurance provider for photographers because of its flexibility in giving coverages depending on the duration of each project—whether it’s for one day or a month. It also assists you in customizing your insurance coverage based on the scope of your work. Minimum monthly premiums begin at $17 and may rise based on your kind of company, region, and other factors.

Pay a visit to Thimble.

Coverages

Photographers’ borrowed and owned equipment is covered by Thimble’s business equipment protection in the event of accidental damage, loss, or theft. It provides coverage for any piece of equipment and gear worth less than $2,500. Photographers using pricey equipment, on the other hand, may need to purchase an extra $2,500 in coverage.

Costs

Small business insurance from Thimble begins at $17 per month, with prices varying by industry, kind of company, policy maximum, number of workers, and location.

If you’re a photographer in Illinois, you may acquire a one-day general liability with optional coverage cost estimate for $40. Professional liability, client property protection, and business equipment protection are all optional coverages in addition to general liability.

Meanwhile, a photographer in Illinois may pay between a $53 monthly premium or a $638 yearly premium.

How We Decided on the Best Photographer Insurance

Our methodology for selecting the top photography insurance providers begin with the two primary concerns that photographers have: cost and coverage. Beyond that, we wanted to discover insurers and brokers that made buying insurance simpler, so we looked for features like straightforward applications, purchase alternatives, policy management platforms, and claims reporting on the internet.

Photographers: Why Do They Need Insurance?

Photographers, both freelancers and single entrepreneurs, must safeguard their assets. This is accomplished via insurance, which pays for things like attorney’s fees if you’re sued or repair expenditures if your camera is broken. Photographers would have to pay these costs out of pocket if they didn’t have business insurance.

This also applies to home-based enterprises. Because most homeowner’s insurance do not cover business operations, photographers with home studios should look into commercial coverage.

Conclusion

When it comes to purchasing insurance for photographers, they have numerous alternatives. The finest firms provide reasonably priced plans that cover photographers’ major risks, such as costly equipment and customer disputes. Comparing offers based on pricing and policy conditions is the key to selecting the best one for your photography company.

The “state farm photography insurance” is a company that specializes in providing insurance to photographers. The company offers 7 different types of policies, including liability and property damage.

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