Business Insurance for
Though the video production industry’s growth has slowed down in recent years, its total revenue is expected to rise due to improved quality when it comes to videos. That’s no small feat given that its current revenue is over $30 billion. If you want to get in on this lucrative career, one of your first tasks should be buying videographer insurance. Here’s a look at the kind of coverage you can expect to receive with this type of business insurance.
General Liability For Videographers
When you record videos as a professional, there is always a possibility of being sued for a variety of reasons. Just one possible reason involves someone tripping over your video equipment during a shoot. Regardless of the type of injury, you might end up facing a costly lawsuit, which is why you need general liability insurance. This coverage will pay for your legal defense and any payouts you need to make if you lose the case or settle out of court.
Some lawsuits come from competitors rather than clients. For instance, other videography businesses might claim that you copied content from their website, or that you committed slander or libel. If this occurs, the liability portion of your videographer insurance will pay for your legal defense.