![]() Types of insurance available for photography businesses include general liability, business owners policy (liability & property), commercial auto, umbrella, cyber, and workers' compensation. They also let you customize your policy with the exact coverage details you need. We chose this company as best for policy customization based on the fact you can build your own policy with the exact coverage options you need to have.īecause biBERK lets you buy insurance directly, they promise rates that could be as much as 20% lower than their competitors. Originally established by textile entrepreneur Oliver Chace in 1839, Berkshire Hathaway has the highest rating possible for its financial strength from AM Best, an A++. ![]() No way to purchase coverage for individual jobsĪs part of Warren Buffett's Berkshire Hathaway Insurance Group, biBERK comes with the backing of a longstanding player in the insurance industry. You can get a free quote online, and coverage can be found for up to $2 million dollars. Coverage from Thimble can be tailored to include bodily injury, property damage, personal and advertising injury, and errors and omissions (E&O). Waivers of subrogation are also offered at no extra cost, and you get unlimited Certificates of Insurance. With each of their policies, you can add extra insureds for free, and there are no extra fees or deposits. You can buy a monthly policy, but you can also purchase photography insurance by the job. Thimble is unique because this company lets you buy only the coverage you need when you need it. We chose Thimble based on the flexibility of their photography insurance plans, and specifically on the fact you don't have to pay for a year of coverage (or even a month of coverage) at once. Drone coverage is underwritten by Global Aerospace, Inc. Policies are underwritten by Markel Insurance Company and National Speciality, Insurance Company both of which boast an A financial strength rating from AM Best. Thimble was founded in 2016, yet their business insurance policies are underwritten by third-party insurers that have been in operation for decades. No way to work with an insurance agent in person No coverage available for commercial property The median cost for general liability worked out to $48 per month, while business owners policies had a median cost of $68 per month. You also have the option to tailor your policy and coverage limits to the size of your business or the type of events you oversee the most.Īlso be aware that Progressive offers similar coverage types and options for videographers, and that you can tailor your coverage to protect your photography and videography equipment and events.Īccording to Progressive, in 2021 the median price customers paid for professional liability was $42 per month and $65 per month was the median cost for workers’ compensation coverage. If you're a photography studio with employees, you can also invest in workers' compensation coverage, as well as a Business Owner's Policy (BOP) that lets you combine general liability coverage with commercial property damage for ultimate protection. In terms of their photography insurance coverage, they let you tailor a policy that includes general liability coverage as well as commercial auto insurance that protects you when you drive for business purposes. Ultimately, we chose Progressive as our best overall due to their long company history, excellent ratings, and flexible coverage options. Further, Progressive has its own Progressive Advantage Business Program, which helps businesses get the exact coverage they need to protect their equipment and themselves. Progressive may be mostly known for its auto insurance and homeowners insurance products, yet this top-rated insurance company also offers an array of business and commercial coverage options. ![]() Need to provide considerable personal and business information in order to get a free quote Less flexibility in their policies (one-day or shoot-based coverage not offered) ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |