Photography and Videography Insurance

Yes, even if you're self-employed, you still need business insurance. Here are several reasons why it's important:

• You face the same risks as a bigger business. Photography and videography businesses of all sizes could end up in court over an accusation of negligence, or have valuable camera equipment stolen.
• You have fewer assets to fight a lawsuit. Lawsuits can be especially devastating for smaller businesses that have fewer resources. And if you haven't taken the extra step of forming a limited liability company (LLC), it could impact both your personal and your business finances.
• You might need insurance to sign a contract. Commercial leases, loans, client contracts, and event venues often require you to carry insurance. For example, landlords often require liability insurance when you rent a studio or other space, or you might need it to take photos in a dance hall or other rented space.
• Your state might require coverage. Business insurance is often required by law. If you hire employees or have a company vehicle, you likely need workers' compensation insurance or commercial auto insurance to comply with the laws in your state.

In general, you don't need a photography license to do your work. However, some situations require photographers to get a license, certification, or permit. Here are a few examples:

• You likely need a business license. State, county, and city laws often require a business license for commercial photographers and commercial videographers. You'll need to research your local regulations to make sure you're in compliance.
• You might need a permit for a photo shoot. If you take photos on public property, then you usually need a permit from the relevant agency. For example, national parks, state beaches, and county parks often require permits for commercial photography and videography.
• You might need a seller's permit. If you sell tangible property, such as photo albums or portraits, then you'll need to register with your local tax department in order to collect sales tax.
• You might want to become a Certified Professional Photographer (CPP). Offered through the Professional Photographers of America (PPA), this certification can help you win clients, teach you valuable skills, and command higher prices.

In addition to the policies mentioned above, professional photographers and videographers should consider the following types of coverage:

• Tools and equipment insurance: This type of inland marine insurance for lower-value items covers business property that travels to off-site locations, such as cameras, tripods, lighting equipment, and laptops. Commercial property insurance only protects items at your studio, which is why you may need additional business equipment coverage.
• Special event coverage: If you're a wedding photographer or other professional who only works the occasional gig, then you might want to invest in special event insurance or seasonal insurance to cover you when you need it.
• Hired and non-owned auto insurance (HNOA): Vehicles that are used but not owned by your business, such as a personal car driven to photo shoots, should have this liability coverage, as a personal auto policy won't cover business use.