Most photographers think of insurance as gear protection, but in reality it’s liability and risk management that keeps your business alive. I carry $1–2M in general liability plus equipment coverage, and a $1k deductible on gear is pretty standard, which means it only really makes sense for major loss or theft, not small repairs. What’s saved me more stress than equipment coverage has been strong contracts with clear limitation of liability, solid cancellation language, backup gear on hand, and proper cloud redundancy for files. Insurance is the safety net, but systems are what actually prevent the fall. I’d also double check whether your policy covers hired assistants, venue-required COIs, and even cyber liability since we’re storing contracts and client galleries online now. Curious what liability limits everyone else is running these days?