Errors & Omissions Insurance?

12 May

Professional photographers generally carry liability and equipment insurance. One often overlooked option is Errors and Omissions (E&O) liability insurance. Especially popular among stock and media photographers, E & O Insurance may be worth considering since most coverages can be acquired for $50 to $200 per year–in fact, PPA requires its Wedding Photographers to carry E&O as part of their membership agreement.

E&O Insurance does a number of things — namely, protecting photographers for mistakes they make or errors that clients believe they make. Essentially, it’s a photographer’s malpractice insurance. For wedding photographers, this may include recreating a wedding event if shots are lost, or coverage to pay for hard drive recovery. However, E&O can also protect photographers for infringement claims.

“E & O insurance covers claims resulting from an improper model or property release, invasion of privacy, infringement of copyright or trademark, infringement of patents or libel or slander if you are in the business of advertising, publishing, broadcasting or telecasting. This coverage is beneficial since copyright infringement claims and claims involving invasion of privacy or publicity based on an improper release can be expensive to defend even if the case comes out in your favor,” writes Nancy Wolff an intellectual property professor on PDN Online.

For a small fee, PPA offers an indemnification trust which covers claims made as a result of a photo assignment–a must have for any PPA member. However, based on their literature, coverage for infringement claims is not included. Photographers would need to seek out additional coverage in this arena.

For example the E&O group policy from the American Society of Media Photographers covers claims that allege:
a) defamation or other claim related to disparagement or harm to a person’s reputation
b) invasion, infringement with rights of privacy or publicity
c) infringement of copyright, plagiarism or piracy.

Do you have E&O insurance or are you considering it? Has it been beneficial? We’d love to hear your thoughts. Share below or via fauxtogs@gmail.com.

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One Response to “Errors & Omissions Insurance?”

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