Why Disc Jockeys Need Insurance
The main goal of any disc jockey is to create excitement and energy through music at weddings, parties, or dance clubs. Getting guests out of their seats and onto the dance floor is often perceived as an easy task with little risk. If your disc jockey business is a source of revenue and you book gigs often, DJ insurance is important. Insurance protects you if an incident, claim, or lawsuit occur, and you are held liable for damages.
Risks Disc Jockeys Could Face
Disc Jockeys face several risks as entertainers:
- Stolen Equipment: DJs use a variety of expensive equipment in your daily work including computers, speakers, headphones, turn tables, instruments and amps. Protecting these items is crucial. What happens if you pack your vehicle up the night before, lock it, and the next morning you find your windows broken and your equipment gone?
- Injury to Guests: Your job is to keep guests entertained and dancing. If one of those guests falls over a cord or has a speaker fall on them that requires medical attention, they can press charges for medical expenses and lost wages.
- Property Damage: Moving heavy equipment in and out of different venues can be tricky. Even with the best intentions, sliding equipment across a floor can easily scratch it. The venue will expect you pay to repair the damage.
- Auto accidents: Your vehicle, whether personal or business, is how you travel to gigs. Whether you cause an accident on the road or damage a sign at the venue, bills quickly add up.
- Loss of Income: Chances are you rely on the income from your DJ business. What happens if an event is canceled or you can’t uphold your contract because your equipment broke? You still need that money to pay the bills.
These days, the majority of venues require disc jockeys to show proof of insurance and without it, you risk not booking jobs.
Types of Coverage Disc Jockeys Need
Disc Jockey insurance is the best way to protect your business and professional reputation in the above scenarios. Every DJ needs general liability and commercial property insurance. If you transport equipment, you also need inland marine.
- General Liability: Pays costs associated with damage to a venue’s property or injury to one of the guests. It also includes coverage for personal and advertising injury claims.
- Commercial Property: This policy covers property your business owns including equipment, supplies, and a commercial location. It pays to repair or replace these items if they are stolen or damaged by a covered scenario.
- Business Auto: Even if you use a personal vehicle, you still need business auto insurance to protect you during business commutes. It pays to repair your vehicle and anybody else’s property damaged in an auto accident where you are at fault.
- Inland Marine: Similar to commercial property, but it protects your equipment when it’s away from the office, and it is damaged or stolen.
- Loss of Business Income: This insurance is usually found on property insurance policies. It pays you if an event is canceled by a third-party and assures you get paid so you can pay bills.
How Much Does Disc Jockey Insurance Cost?
The cost of DJ insurance varies depending on what you want covered and which company you choose. Most companies will want a breakdown of the value of your equipment in addition to your experience, safety procedures, and a description of the types of services you offer. To get a quote on disk jockey insurance now, fill out our online quote form.
What type of insurance does this industry need?
- This policy protects your business in case of third party claims, such as bodily injury or property damage. For example, the common "slip-and-fall" claim would be covered by your General Liability policy. General Liability insurance is often considered to be the core coverage, particularly for businesses that regularly physically interact with customers or sell physical goods. In addition, many businesses have a contract, like a loan or a lease, requiring that they have this coverage.
- This policy protects the business's physical assets and is appropriate whether you own or lease your space. Keep in mind that this policy will only offer protection in the case of covered events. If you need protection for certain scenarios, such as floods or earthquakes, you may need additional coverage. If you have a mortgage or a lease, you may be required to have property insurance. Even if you are not, this is the best way to protect the building you are in and the business property you have in case of a natural disaster or some other accident.