Equipment - Insurance Quotes

Here are two insurance quotes


e&L Insurance

Your quote for your photographic equipment is: £111.61 per year

Quote Summary: 

Type of policy     Professional (Room Only 

Sum insured      £6,299

Payment Interval       Yearly

Policy summary:

Photoguard

Professional Photographer Insurance:

£16.20 Per Month

£172 Per Year

Policy summary

The above policies both include:

- theft and accidental damage

- replacement on a new for old basis

- equipment hire cover

- no voluntary excess

- c£1m public liability insurance (see note below); and

- c £5k personal accident insurance.

The latter two can be increased voluntarily for an additional premium if required.


Public liability insurance
Covers damages and legal costs resulting from injury, death or damage to property caused to members of the public by any of your business activities. You're more likely to need this if customers or the public visit your premises, eg if you run a shop or studio.

Other types of insurance that we would need to consider are:

Professional indemnity

This provides cover so that in the event that you find yourself in a dispute with a client, your professional indemnity cover will pay the cost of defending any allegations or claims made against you for negligence or breach of duty of care (for instance loss or destruction of film or digital storage media).

Employers' Liability Compulsory Insurance

Employers' Liability Compulsory Insurance helps employers to meet the cost of compensation for injuries to their employees, where employees are doing their job. The Employers' Liability (Compulsory Insurance) Act 1969 requires that employers have insurance cover against any such claims.

All businesses need Employers' Liability Compulsory Insurance unless exempt under the Employers' Liability (Compulsory Insurance) Act 1969. The Health and Safety Executive guide to employers' liability gives more advice.

Keyman insurance

Protects your business against the loss of income resulting from the disability or death of a person in a key position such as the photographer!

Premises insurance

If your business is in rented premises, check with the building owner that their insurance covers any risks arising from your business activities. If not you may need to take out your own insurance.


Contents insurance

Stock - should be insured for its cost price without any addition for profit.

Plant and business equipment - can be insured on either:

• replacement as new
• indemnity basis - wear and tear is taken into account when settling any claims

Further information

The business link website (http://www.businesslink.gov.uk/bdotg/action/layer?r.s=m&r.l1=1073858790&r.lc=en&r.l3=1075196424&r.l2=1074429401&topicId=1074429401&r.i=1077722976&r.t=BLTTOOL) has an online questionnaire that you can complete to get a recommendation of what types of insurance you should take out.

Further information and advice on insurance can be obtained from the professional bodies responsible for practitioners:

• the Association of British Insurers
• the British Insurance Brokers' Association
• the Institute of Insurance Brokers.