We’ve all had it happen to us before- That tiny little memory card in our fancy new camera has just seemed to disappear without warning, and the 300 pictures on it were all from you most recent vacation.
While this is just an annoyance for most people, losing memory cards or having your Lightroom library corrupted as a professional photographer can be detrimental to your business. Lost customer data can ruin your reputation and your financial stability.This is why photographer liability insurance is something every professional photographer should consider.
Professional Liability Insurance
As a photographer, you are providing services to clients on a fee basis. When a business operates like this, you are put at risk for lawsuits and other legal actions from third parties. Professional liability insurance is one type of coverage that you might want to consider for this instance. This type of policy gives you coverage for claims that allege:
- Negligence
- Misrepresentation
- Violation of Good Faith
- Failure to Provide Services
For example, let’s say that your studio catches fire and you lose some customer data that had pictures from a wedding. Even worse, you had not backed up the images yet. The pictures are forever lost and now the customer (the third party) is suing you for failure to provide services. While the fire was out of your control, you’re still facing a lawsuit. It’s cases like this where having photography liability insurance can really help you out
Electronic Data Loss
Customer data can be compromised in many different ways; they can be stolen, damaged and lost. They also come in many different forms:
- USB Drives
- CDs
- DVDs
- Hard Drives
- Memory Cards
- Film
Ideally the perfect insurance plan will provide the proper insurance coverage for data loss, errors, theft and/or damage. Never assume that a general liability policy will cover problems such as these, especially when facing a lawsuit. If you would like a review of your current policy or are just getting started, Southern States can help. Request a free quote today!