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How much does insurance cost for film production businesses?

The cost of video and film production insurance depends on the policies you choose, risks your business faces, and the value of your video equipment. Cost estimates are sourced from policies purchased by Insureon customers.

General liability insurance icon

General liability insurance costs for video production studios

Video production studios pay a median premium of about $30 per month, or $355 annually, for general liability coverage. This policy protects against third-party property damage and injuries, and advertising injury.

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 video equipment, too.

Median cost per year: $355
Policy limit: $1 million per occurrence
Policy deductible: $500

Learn more about general liability insurance.

Business owner’s policy icon

Business owner’s policy costs for video production studios

A business owner’s policy costs film production studios about $50 per month, or a median annual premium of $610.

A BOP bundles general liability and property insurance, usually at a discounted rate. The services you offer and value of your video equipment will partially dictate pricing. This policy may also include business interruption insurance, which covers lost income due to an unexpected business closure.

Median cost per year: $610
Policy limit: $1 million per occurrence
Policy deductible: $500

Learn more about business owner’s policy.

Professional liability insurance icon

Professional liability insurance costs

Photo and video businesses pay a median of $55 per month, or approximately $640 annually, for professional liability insurance.

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: $640
Policy limit: $1 million per occurrence
Policy deductible: $1,000

Learn more about professional liability insurance.

Workers’ compensation insurance icon

Workers’ compensation insurance costs for video production studios

The median cost for workers’ compensation insurance for a video production business is about $65 per month, or approximately $770 annually. Policy costs will depend on your state and number of employees.

Workers’ comp can help cover medical expenses and lost wages for employees who are injured on the job. It’s required in most states for businesses with employees.

Learn more about workers’ compensation insurance.

Get free quotes and compare policies with Insureon

Insureon agents work with leading U.S. carriers to find affordable business insurance for film production studios and other videography professionals. 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 video production companies.

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Video production studios
Photo & video