Facebook iconTwitter iconLinkedIn iconEmail icon

How much does insurance cost for photography studios?

The cost of photo studio insurance is determined by the policies you buy, the risks your studio faces, and the value of business equipment such as cameras. Cost estimates are sourced from policies purchased by Insureon customers.

General liability insurance icon

General liability insurance costs for photography studios

Photography studio owners pay a median premium of about $25 per month, or $320 annually, for general liability coverage. This policy provides protection for photography professionals against third-party property damage and injuries, along with advertising injury.

Insureon recommends purchasing a business owner’s policy for more complete coverage versus a standalone general liability policy that could leave you at risk.

Median cost per year: $320
Policy limit: $1 million per occurrence
Policy deductible: $500

Learn more about general liability insurance.

Business owner’s policy icon

BOP costs for photography studios

A business owner’s policy usually costs photography studios about $40 per month, or a median annual premium of $500.

A BOP bundles general liability and property insurance at a discounted rate. Your business property value and photography services will partially dictate pricing. This policy may include business interruption insurance, which covers lost income due to an unexpected business closure.

Median cost per year: $500
Policy limit: $1 million per occurrence
Policy deductible: $500

Learn more about business owner’s policy.

Professional liability insurance icon

Professional liability insurance costs for photography studios

Photography studio owners pay a median of less than $35 per month, or $400 annually, for professional liability insurance. The price depends on the photography services you offer and other key factors.

Also known as errors and omissions insurance, this policy protects photo studios against the cost of client lawsuits claiming that work was unsatisfactory, negligent, late, or never completed.

Median cost per year: $400
Policy limit: $1 million per occurrence
Policy deductible: $500

Learn more about professional liability insurance.

Workers’ compensation insurance icon

Workers’ compensation insurance costs for photography studios

Required in most states, workers’ comp can cover medical bills and lost wages for employees who are injured on the job. The average photo or video business pays a median of $55 per month for workers’ comp, or approximately $660 annually. Policy costs will vary depending on your state and number of employees. 

Learn more about workers’ compensation insurance.

Get free quotes and compare policies with Insureon

Insureon’s licensed agents work with leading U.S. carriers to find business insurance that covers the unique risks of your photography studio. Apply today to compare quotes from multiple carriers with one free online application. If you decide to purchase a policy, you’ll work with an account manager who specializes in business risks for photography studios.

Compare business insurance quotes for photography studios
Save money by comparing insurance quotes from multiple carriers.
Learn More
What are insurance premiums, limits, and deductibles?Common questions about certificates of insurance5 questions to ask your agent about your photography business insuranceWhy your camera gear isn’t covered by your homeowner’s or renter’s insurance
Topics
Photography studios
Photo & video