The cost of videographer and photographer business insurance depends on your level of risk and the value of your cameras and other equipment. Cost estimates are sourced from policies purchased by Insureon customers.
General liability insurance costs for photographers and videographers
Photographers and videographers pay a median of about $20 per month, or $260 annually, for general liability coverage. This policy protects photo and video professionals against third-party property damage and injuries, along with advertising injuries.
Insureon recommends purchasing a business owner’s policy for more complete coverage. A BOP bundles general liability insurance with commercial property insurance to cover your equipment, too.
Median cost per year: $260
Policy limit: $1 million per occurrence
Policy deductible: $500
Business owner’s policy costs for photographers and videographers
For photographers and videographers, a business owner’s policy typically costs about $40 per month, or a median annual premium of $500.
A BOP bundles general liability and property insurance, usually at a discounted rate. Your business property value and 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
Professional liability insurance costs for photographers and videographers
Videographers and photographers pay a median premium of $65 per month, or $780 annually, for professional liability insurance. The rate will depend on the type of services you offer and other key factors.
This policy, also known as errors and omissions insurance, protects businesses against the cost of client lawsuits claiming that work was unsatisfactory, negligent, late, or never completed.
Median cost per year: $780
Policy limit: $1 million per occurrence
Policy deductible: $1,000
Workers’ compensation insurance costs for photographers and videographers
The median cost for workers’ compensation insurance for a photography or videography business is $55 per month, or approximately $660 annually. Policy costs can vary significantly depending on your state and number of employees.
Workers’ comp can cover medical bills and lost wages for employees who are injured on the job. It's required in most states for businesses with employees.
Get free quotes and compare policies
Insureon’s licensed agents work with leading U.S. carriers to find affordable business insurance for photographers and videographers, including freelancers, photo studios, and film production companies. 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 photographers and videographers.