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How Printing Insurance Protects Your Company

February 15, 2024 | Insurance 101

This article was originally published December 01, 2023

A customer slips at your print shop, falls, breaks their arm, and sues you. High winds hurl debris into your storefront window, shattering it. An employee making a delivery in your company’s van runs a stop sign and collides with another driver, causing injuries and vehicle damage. 

As a printing business owner, you hope these and other similar scenarios won’t occur. But, of course, you know they can. That’s why you need printing insurance. It can’t prevent these incidents, but it can help protect you from their financial repercussions. 

If you don’t have printer insurance, the reality is that one incident and a court judgment that doesn’t go your way can produce a large financial burden. Imagine operating in the black all year only to have a customer slip-and-fall accident caused by melting snow in your entryway result in a $25,000 expense you must pay from your revenues or savings. Suddenly, you’re in the red and concerned about the financial future of your small business. 

Unfortunately, that type of situation can force a company into bankruptcy. But the good news is that being adequately covered with the right printer insurance policies can shield you from an otherwise devastating expense related to a lawsuit or property damage.

Print shop worker holds a large sheet of paper

Do You Need Printer Insurance? 

Businesses of all kinds can benefit from maintaining adequate insurance coverage. While we’re using the term “printing business,” you may refer to your company by some other name, such as:

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    Print shop
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    Copying company
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    Screen printer
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    Graphics printer
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    Photocopying company
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    Print services company
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    Printing company
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    Reproduction company
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    Printing house
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    Duplication company
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    Printing plant

Bottom line: If you print or reproduce materials for customers, you need copying and printing business insurance. But insurance is easy to obtain and very affordable, particularly when you consider the critical protection it provides.

Printer Insurance: 6 Essential Policies

Printer insurance is a type of business insurance. biBERK provides various policies to address different risks. This approach benefits business owners because they can purchase just the coverage they need. 

So, for example, if your business doesn’t own or lease vehicles, you don’t need commercial auto insurance. You only purchase printer insurance policies for the risks you face. 

Remember that if you aren’t familiar with insurance for printers, our licensed insurance experts are happy to answer your questions and let you know which of the essential insurance policies below you need.

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    General Liability Insurance. This type of policy covers several risks, including injuries to customers and other people who don’t work for you and damage to other people's property caused by your employees. It can also pay costs related to libel, slander, and copyright infringement, such as in your advertisements. Plus, you can add endorsements to customize your policy, including cyber, hired and non-owned auto liability, employment-related practices liability, and employee benefits liability. 
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    Business Owners Policy. This is also called property & liability insurance. A business owners policy (BOP) combines general liability insurance with protection for the property you need to operate your printing business. It can also pay for lost income due to a covered event. As you can with a general liability policy, you can tailor your BOP with add-ons, including cyber, hired and non-owned auto liability, employment-related practices liability, and employee benefits liability. 
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    Workers' Compensation Insurance. Most states require this insurance for any company with employees. It helps protect your workers (and your company) if they are injured, contract an illness, or die due to an on-the-job incident. It can cover medical costs, legal fees, and lost wages due to the injury.
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    Commercial Auto Insurance. If your printing company owns or leases vehicles, this policy protects the business from potential exposure arising from accidents. It can cover your legal fees and the medical costs of others if you or your employee is at fault in an accident in your vehicle. It can pay for damages even if the vehicle is used for personal activities outside its primary business use.  
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    Umbrella Insurance. Every liability insurance policy has a maximum it will pay in the event of an incident, with your company being responsible for any amount over that figure. Umbrella insurance adds another layer of protection, potentially covering costs that exceed the limit of another biBERK liability policy up to its own limit.  
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    Cyber Insurance. You can purchase this coverage as an add-on to a general liability policy or a BOP. It helps cover costs related to system hacks or data security breaches where sensitive data, like customer credit card information, has been stolen and fraud has occurred or there is a reasonable expectation that it might happen.

As you research printing insurance policies, you can find more information about these coverages on our website. And again, we’re here to help if you have questions or need clarification about any aspect of business insurance.

What Does Insurance for Printers Cost?

The premiums for printing insurance policies vary based on multiple factors, like the type of coverage, the size of your business, your claims history, and others. But you can quickly find out what insurance for printers costs with instant, self-service quotes online.  

Typically, you can get a policy with hundreds of thousands of dollars in coverage for as little as a few hundred dollars annually. And whichever printer insurance policies you purchase, you’ll enjoy significant savings over buying from most other providers. That’s because biBERK sells directly to you with no brokers or other intermediaries. As a result, you can save up to 20% on your vital business insurance. 

Our customers also find it comforting that we’re part of the Berkshire Hathaway Insurance Group. That means we have the financial resources to pay approved claims fully and promptly. In addition, as a company, we’ve proven over several decades that we’ll be there for policyholders in a wide variety of industries should they be sued or suffer property damage.

Get Insurance for Printing Companies and Protect Your Business!

Insurance for printing companies is easy to obtain and provides reassuring financial protection. We enable you to purchase policies online, with coverage active as soon as the next day in most cases. You can also manage your policies and report claims online for maximum convenience. 

You’ve got a printing and copying business to run. You can trust us to provide the financial protection that lets you focus on operating your company. You can also sleep well at night, knowing we’re here for you with proven financial security should you ever be sued or suffer property damage. 

Decide which printing insurance policies you need and get covered!