INSURANCE FOR YOUR FILM PROJECT SOME NOTES ON WHAT TO LOOK FOR AND COVERAGE? (In the Entertainment industry.)

Film Insurance / Photo Credit: Indie Film

INSURANCE FOR YOUR FILM PROJECT SOME NOTES ON WHAT TO LOOK FOR AND COVERAGE? (In the Entertainment industry.)  

Bruce Bisbey…please follow me at: https://dumbdogproductions.com/

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Insurance for your film project some notes on what to look for and coverage?  

Film production insurance protects your Production Company and/or project from related liability by covering a specified value amount. Since no two projects are alike, a good film production insurance policy is tailored to a production company's needs at the time of purchase.

Entertainment insurance brokers work with entertainers and industry professionals in all types of professions, such as production, touring, staging and rigging, and special events. ... It is important to take your time and find an entertainment insurance broker who is willing to find you a policy that meets your unique needs and budget.

Production insurance can over protection for all of your film, digital, or video production work, whether it be a motion picture feature length film, television commercial, director’s reel, documentary, educational film, pilot, or music video.

Film producers face unique circumstances in the uncertain and highly competitive world of the film arts. If you have ever been involved in the production of any film, whether a short or a feature-length movie, you know that a lot can go wrong, from expensive equipment malfunctions to actors falling ill. There are also liability risks from injuries to people and damage to property on location or in the studio. Film production insurance can be the key to protecting your investments.

Arranging proper short or long term production insurance is as essential as developing and writing a script, organizing the crew, securing safe and adequate locations and renting equipment.

The three most common insurance policies for filmmakers include general liability insurance, equipment insurance, and errors and omissions insurance.

Coverage Production Insurance Programs may include:

• General Liability…
• Film Insurance Deductibles…
• Errors and Omissions…
• Equipment Production…
• Commercial Liability – Minimum Premium..
• Rented Equipment…
• Owned Equipment…
• Props, Sets, and Wardrobes…
• Negative & Faulty Stock…
• Third Party Property Damage…
• Cast Extra Expense – Blanket Coverage w/sickness…
• Employee Benefits Liability…
• Travel Accident for both Guild and Non-Guild personnel…
• Environmental and Cleanup Issues…
• Commercial General Liability…
• Defined Medical Coverage…
• Fire Legal Liability…
• Automobile Liability & Physical Damage…
• Professional Liability…
• Workers Compensation…
• Excess Liability & Umbrella…
• Add-ons Specialty Policies... 

The film industry is a notorious source of lawsuits, which can affect film production companies of any size. Every film is unique, and there are a number of risks associated with different filming formats, techniques and even locations. Some productions require the use of highly technical and expensive equipment and others can be produced with little more than a compelling script and a video camera. These and other variables will affect your film insurance rates.

If you produce films full time, your needs will be different from those of someone who does a one-time project and only needs short term film production insurance.

Regardless of the types of projects you do you, will need the right solution to protect yourself from liability risks and protect your equipment investment from accidental breakage, theft, and vandalism.

Cast Extra Expense

Cast extra expense is now available for production programs.  Coverage options include blanket coverage with sickness (usually no medicals required), blanket coverage without sickness, and family bereavement.

Stunts, Animals, Precision Driving, Pyrotechnics

Expanded stunt offerings including, animals, pyrotechnics, precision driving / car chases, demolition / explosions scenes are now available as a buyback option for the Short Term Productions program.  Multiple scenes can be declared to a single production and quoted online.

Equipment Coverage

Equipment, props/sets/wardrobe, third party property damage, extra expense, negative film/faulty stock, office contents, rental reimbursement, negative/faulty stock, animal extra expense, civil authority, cast, animal mortality, owned equipment and more.

References & Credits: Google, Wikipedia, Wikihow, WikiBooks, Pinterest, IMDB, Linked In, Indie Wire, Film Making Stuff, Hiive, Film Daily, New York Film Academy, The Balance, Careers Hub, The Numbers, Film Maker, TV Guide Magazine, Blurb, Media Match, Quora, Creative Skill Set, Chron, Investopedia, Variety, No Film School, WGA, BBC, Daily Variety, The Film Agency, Best Sample Resume, How Stuff Works, Studio Binder, Career Trend, Producer's Code of Credits, Truity, Production Hub, Producers Guild of America, Film Connection, Variety, Wolf Crow, Get In Media, Production Beast, Sony Pictures, Warner Bros, UCAS, Frankenbite, Realty 101, Careers Hub, Screen Play Scripts, Elements of Cinema, Script Doctor, ASCAP, Film Independent, Any Possibility, CTLsites, NYFA, Future Learn, VOM Productions, Mad Studios, Rewire, DP School, DGA, IATSE, ASC, MPAA, HFPA, MPSE, CDG, AFI, Box Office Mojo, Rotten Tomatoes, Indie Film Hustle, The Numbers, Netflix, Vimeo, Instagram, Pinterest, Metacritic, Hulu, Reddit, Locations Hub, EQ Group,

THIS ARTICLE IS FOR INFORMATIONAL PURPOSES ONLY. THE INFORMATION IS PROVIDED "AS IS" AND BRUCE BISBEY MAKES NO EXPRESS OR IMPLIED REPRESENTATIONS OR WARRANTIES, INCLUDING WARRANTIES OF PERFORMANCE, MERCHANTABILITY, AND FITNESS FOR A PARTICULAR PURPOSE, REGARDING THIS INFORMATION. BRUCE BISBEY DOES NOT GUARANTEE THE COMPLETENESS, ACCURACY OR TIMELINESS OF THIS INFORMATION. YOUR USE OF THIS INFORMATION IS AT YOUR OWN RISK. YOU ASSUME FULL RESPONSIBILITY AND RISK OF LOSS RESULTING FROM THE USE OF THIS INFORMATION. BRUCE BISBEY WILL NOT BE LIABLE FOR ANY DIRECT, SPECIAL, INDIRECT, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES OR ANY OTHER DAMAGES WHATSOEVER, WHETHER IN AN ACTION BASED UPON A STATUTE, CONTRACT, TORT (INCLUDING, WITHOUT LIMITATION NEGLIGENCE) OR OTHERWISE, RELATING TO THE USE OF THIS INFORMATION.

Film Insurance / Photo Credit: Indie Film