Brelly wrote in post #16601220
Good point.
I probably should have phrased my question in a different manner.
Is there any other insurance I need other than gear insurance? (Where is a good place to get this by the way?)
3 types of insurance you should seriously consider for weddings, events or general photography business...
1) Public Liability - this covers you if Aunty Doris trips over your camera bag, etc.., it also covers you if you break something at a venue (we had a really old chair collapse on us at one venue, fortunately the venue was more concerned whether we were hurt! - but it could have gone the other way). You need at least 2 million GBP cover, preferably 5, and some insurers will offer 10 million, which is what ours was. Don't leave the house to shoot a wedding without this cover.
2) Equipment insurance - obviously up to you whether you have this, but daft not to unless you can afford to replace your kit at a moment's notice. You may need to think about whether you need cover for some equipment being unattended in a vehicle late at night. We met our insurer's vehicle requirements, and had unattended cover any time of day/night.
3) Professional Indemnity - this covers you for delivery of your product or service. So if something goes wrong, and you deliver nothing, this insurance will cover the loss. We had one wedding client that turned into a total nightmare after the wedding, as far as they know they got a partial price refund from us to make them go away - in reality our indemnity insurance paid them out through us in return for a piece of paper from the client saying it was a full and final settlement. It was actually a problem the client caused, but our insurer felt it was better/cheaper/easier for us just to claim and move on.
The last year we shot weddings (2010), our annual insurance bill for all 3 above was about £600 in total. We had the whole package through Aaduki, and most of the cover was provided by Hiscox. Probably not the cheapest, but following our experience with the professional indemnity claim, I would have no hesitation in recommending them. Aaduki used to offer discounts for RPS membership and the like, probably still do - haven't checked.
Rob