Insurance for stock photographers
 

What insurance would you recommend to a full time or part time stock
photographer ? I have been thinking that a liability insurance might
make sense, in case somebody sues. It could happen for instance that for
a photo of a specific building or other item a property release is
necessary and you might not know about it. Or something else might go
wrong.

I'd be curious to know what insurance is customary in the business.
--

Alfred Molon
------------------------------
http://groups.yahoo.com/group/Olympus_405080/
Olympus 5050 resource - http://www.molon.de/5050.html
Olympus 5060 resource - http://www.molon.de/5060.html
Olympus 8080 resource - http://www.molon.de/8080.html

Insurance for stock photographers
 

Alfred Molon wrote:
What insurance would you recommend to a full time or part time stock
photographer ? I have been thinking that a liability insurance might
make sense, in case somebody sues. It could happen for instance that
for a photo of a specific building or other item a property release is
necessary and you might not know about it. Or something else might go
wrong.

I'd be curious to know what insurance is customary in the business.


http://groups.yahoo.com/group/editorialphoto/


These people have very matter-of-fact things to say about being insured.
They will undoubtedly be able to offer useful opinion and advice. "Hold
faultless and indemnify" is pretty serious stuff, especially when the
standard is "forever and ever".


Frank ess

Insurance for stock photographers
 

I would incorporate in your state or one of the easy states to incorporate
and become a LLC PC depending on your state. then if you do get sued you
bankrupt the company chapter 7 and you are home free! Consult with a lawyer
for exact details. I would only carry insurance for people getting injured
not against someone being upset because I legally took their picture!

Wayne

"Alfred Molon" wrote in message
...
What insurance would you recommend to a full time or part time stock
photographer ? I have been thinking that a liability insurance might
make sense, in case somebody sues. It could happen for instance that for
a photo of a specific building or other item a property release is
necessary and you might not know about it. Or something else might go
wrong.

I'd be curious to know what insurance is customary in the business.
--

Alfred Molon
------------------------------
http://groups.yahoo.com/group/Olympus_405080/
Olympus 5050 resource - http://www.molon.de/5050.html
Olympus 5060 resource - http://www.molon.de/5060.html
Olympus 8080 resource - http://www.molon.de/8080.html

Insurance for stock photographers
 

wayne wrote:
I would incorporate in your state or one of the easy states to incorporate
and become a LLC PC depending on your state. then if you do get sued you
bankrupt the company chapter 7 and you are home free! Consult with a lawyer
for exact details. I would only carry insurance for people getting injured
not against someone being upset because I legally took their picture!

Interesting, although I'm not a professional photographer and just
happen to sell a picture every now and then. As far as I know, to set up
a company here in Germany you need to pay down a minimum amount of
capital which is quite high.
--

Alfred Molon
------------------------------
http://groups.yahoo.com/group/Olympus_405080/
Olympus 5050 resource - http://www.molon.de/5050.html
Olympus 5060 resource - http://www.molon.de/5060.html
Olympus 8080 resource - http://www.molon.de/8080.html

Insurance for stock photographers
 

Frank ess wrote:

http://groups.yahoo.com/group/editorialphoto/

Not 100% sure, but I think I applied for membership in this group some
time ago and was rejected for some unknown reason (All membership
requests for editorialphoto need to be approved by the moderator).
--

Alfred Molon
------------------------------
http://groups.yahoo.com/group/Olympus_405080/
Olympus 5050 resource - http://www.molon.de/5050.html
Olympus 5060 resource - http://www.molon.de/5060.html
Olympus 8080 resource - http://www.molon.de/8080.html

Insurance for stock photographers
 

"Alfred Molon" wrote in message
...
What insurance would you recommend to a full time or part time stock
photographer ? I have been thinking that a liability insurance might
make sense, in case somebody sues. It could happen for instance that for
a photo of a specific building or other item a property release is
necessary and you might not know about it. Or something else might go
wrong.

I'd be curious to know what insurance is customary in the business.

Alfred Molon
------------

There may be two forms that you should ask an insurance broker about:

Acts, Errors and Omissions Insurance (AE&O); and / or Professional Liability
Insurance (usually including "hold-harmless" and "indemnity" coverage)

Depends on the country what these may be called.

AE&O would cover you for anything you did (that was wrong) = Acts; anything
you did, or tried to do, but did incorrectly (that was wrong) = Errors; or
anything that you should have done but didn't = Omissions. This would cover
such things as copyright clearances, ect.

Professional Liability may or may not be easily available to a photographer
however. It is similar, and will have similar coverage, to AE&O but will be
an even broader type of coverage and may be bundled with public and employer
liability insurance and other coverage.

Ask a commercial insurance broker.

Journalist