Some people love shooting videos just for fun while others do it as a means of livelihood. Whether you are an amateur or a professional videographer, having the right videographer insurance in place can give you peace of mind. This includes Professional Indemnity insurance, Public Liability insurance, Equipment insurance as well as Employers’ Liability insurance for your business.
What is videographer insurance?
As a videographer, you earn a living using your equipment and your skills. But what if incidents will happen and your equipment got damaged. Or perhaps you have caused someone to get injured or damaged their property. You also can’t stop clients from accusing you of negligence. If any of these circumstances will happen to you, then there are greater chances that your livelihood can be enormously affected. This is the reason why having videographer insurance is very important. It can protect you as well as your business.
What types of videographer insurance policies do you need?
Most videographers are claiming that their equipment got lost, stolen, or damaged. When this happens, you won’t be able to shoot your video, hence it can cost you your precious time and money. Also, it would be very unfortunate if you can’t afford to replace it. This means the best thing to do is get equipment insurance that can protect your valuable equipment so you can use them anytime you want.
Another important insurance for videographers is public liability insurance. This can protect your customers or any member of the public as well as their properties. If you, your stuff or your equipment have caused accidental injury or damage to property, then you might be facing a huge bill for the damages and medical expenses. Additionally, if these people will make a claim, then you also need to pay for the legal costs. Thankfully, all of these can be covered by public liability insurance.
Having an employers’ liability insurance is a legal requirement if you have employees, whether your staff is interns, part-timers or temps. This can cover your business in the event that your employee will file a claim due to the injuries or illness that they sustained while working on your premises.
If you want your company to gain a good reputation, then having professional indemnity insurance might be a good idea. This can cover the services that you provide to your clients. There will always be some clients who are not satisfied with the work that you do, even if you think that you have done your best.
How can professional indemnity insurance protect your business?
In case your customer is not happy with the service that you provide, then professional indemnity insurance can pay for the legal costs as well as any compensation in the event that they decided to sue you. This can actually happen even if you have not done anything wrong. This can protect you, your business and most importantly your reputation.
For instance, if your client does not like the films that you do for them or in case you’ve encountered a technical problem and you can’t accomplish the things that you want to do with your equipment. Professional indemnity insurance can cover the cost of reshooting the video.
Aside from this, it can also cover other damages caused by a breach of confidentiality and infringement of intellectual property. This is very useful nowadays that information can easily be found on the internet.
The Importance of Finding the Right Insurer
It’s worth noting that the claims service from different insurers may vary. Be sure to do some research before choosing your insurance company. Don’t be easily tempted to get the cheapest insurance in order to avoid any regrets later on.
Be sure to choose an insurer that can support you when you need them the most, for instance, when your equipment gets lost, stolen or damaged. They must be able to process your claim quickly. Avoid insurers who are trying to avoid your claims. The right insurer must be capable of giving you their full support, for instance, if the equipment that you use is very difficult to replace.
In case you have business interruption insurance, then they can help you lease alternative equipment so you can continue doing your business especially if it will take some time to get a new one.
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