Business insurance for graphic designers
As a graphic designer, you help other businesses stand out from the crowd and captivate their audience with your creative know-how. You may work as a freelancer, offering your services on a per-project basis, or you may run your own graphic design business, with employees working for you.
However you provide graphic design work, it’s important to remember your clients rely on your expertise. A simple oversight or a bad decision could affect the quality of your product, and ultimately, it could impact the relationship with your client. Additionally, you can be liable for things beyond your control, such as damaging a client’s property while you’re working at their location, for example. An insurance policy that’s built around your business will give you peace of mind, so you can focus on doing what you love.
What is graphic designer insurance?
A graphic designer insurance policy is designed to protect those who run a graphic design business, or graphic design freelancers that typically work on a per-project basis. A business insurance policy built specifically for the needs of graphic designers can protect against risks you face, such as being liable for third-party property damage or bodily injury, or allegations of negligence in your service.
What does it cover?
Graphic design policies are a combination of several commercial insurance policies based on the coverage required to protect your business. Below are the core coverages your policy will likely include:
- Professional liability insurance: Also known as errors and omissions (E&O) insurance, professional liability insurance protects against claims from clients alleging you made an error in your service, either by being negligent, violating rules or standards, or failing to deliver a service as promised. If you find yourself in the midst of an allegation regarding your professional work, professional liability may cover the legal defence fees and related costs. Suppose you create a new website layout for a client, but the client alleges that you didn’t provide all of the webpage outlines you said you would and take you to court. In this case, professional liability insurance may cover the legal fees and monetary judgment.
- Commercial general liability insurance (CGL): If you have an office space, or you go to a client’s office or location, chances are you’ll need CGL insurance. This coverage protects you from the day-to-day risks you may be liable for, such as third-party bodily injury or property damage. For example, say you’re a freelancer that’s been tasked with creating a mural in your client’s office lobby. While painting the mural, you accidentally drop paint on their expensive carpet and the client sues you for the cost. In this case, CGL insurance could provide financial coverage to replace the carpet.
- Commercial property insurance: If you run your business in an office space, or even if you work from home while freelancing, you should protect your business assets and location from insurable risks (such as fire, theft or vandalism). Suppose your office space is damaged in a fire, and your computer and other equipment are destroyed. Commercial property insurance could provide financial coverage to cover the replacement of your destroyed business equipment.
- Cyber liability insurance: An increasing number of graphic designers hold confidential client data on their own devices, leaving their businesses susceptible to the implications of a cyber attack. Cyber liability insurance provides financial coverage against cybercrime, helping to recover lost data, inform affected customers and more. For example, say your computer was affected by a virus that cleared important customer information from your system. Cyber liability insurance could help cover the costs of restoring that data and, if necessary, informing customers of the breach.
Who needs graphic designer insurance?
Any professional that owns a graphic design business, or provides freelancing design services should protect their work with graphic designer insurance.
A Zensurance, we provide coverage for many types of graphic designers. Below are some examples:
- Product designer
- UX designer
- Motion designer
- Website designer
How much does it cost?
The cost of graphic designer liability insurance is largely based on specific information about your business. For an individual graphic designer, a professional liability insurance policy starts between $350 to $500 per year with a $1 million coverage limit.
When you make a quote with Zensurance, you’ll be asked some simple questions about your business that help us assess your risk, the coverages you require, and the policy premium. Here are some of the criteria we’ll ask you about:
- Annual and projected revenue
- Industry and profession
- Services and products offered
- Training and years of experience
- Your claims history
We want to ensure you get the best price for the coverage you need. Zensurance has partnered with more than 50 Canadian insurance providers to give you a choice of great options for your business.
Common claims scenarios
Frequently asked questions