Equipment insurance covers your videography and photography equipment while it’s in transit over land or stored at an off-site location. It's also called inland marine insurance.
Equipment insurance, or inland marine insurance, helps photographers and videographers recover the cost of lost, stolen, or damaged items. It's a "floater" policy that covers personal property that travels with you.
Because photo and video shoots take place at different locations, you need gear insurance that can cover your equipment wherever you bring it. For example, if your camera is stolen at the park where you were shooting a wedding, equipment insurance can pay for the cost of replacement.
This policy usually offers equipment coverage for:
If you run a videography or photography business, you might want to look into adding camera insurance to your general liability insurance or business owner's policy (BOP). Bundling policies is one way for small business owners to save money on insurance.
A business owner's policy includes both general liability insurance and commercial property insurance to protect against common third-party lawsuits and business property damage. You can add other endorsements as well, such as business interruption insurance to cover temporary forced closures.
Talk to a licensed insurance agent about the best way to buy camera equipment insurance for your business.
Inland marine insurance doesn’t only pay for stolen items, like a video camera that disappears from a film set. If your equipment is damaged by vandalism or a work accident, this policy will pay for the repair or replacement cost. However, it does not cover general wear and tear.
Not every photo or video company has the same insurance needs. Whatever your profession, our licensed agents can assist you in tailoring a policy that provides the right amount of coverage for your risks, and give you peace of mind.
Don't see your profession? Don't worry. We insure most businesses.
Photo and video businesses pay an average of $43 per month for inland marine coverage, but you could pay more or less depending on the value of your equipment.
Insurance costs for photo and video professionals are based on a few factors, including:
Inland marine offers crucial photography equipment insurance coverage to help replace damaged or destroyed equipment, but it doesn’t protect against other common risks.
Professional photographers and videographers should also consider the following business insurance policies:
Are you ready to protect your business with inland marine insurance for photographers or videographers, or another type of coverage? Complete Insureon’s easy online application today to get quotes from top U.S. providers. Once you find the right types of insurance for your photo or video business, your coverage can begin in less than 24 hours.