Film Production Insurance & Film Insurance
Video Production Insurance
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TV, Movies, Web & Film Production Insurance
EventInsuranceQuote.com offers a myriad of insurance policies for professionals working in the industry or servicing filmmakers in films, movies, web and TV productions in the United States and worldwide.
We provide film production insurance to cover the risks associated with your production. We cover feature films, short films, television series, docs, commercials, music videos, webisodes and other productions intended to be distributed on mobile devices: any content created by you – the producer. We help you achieve your artistic vision by minimizing production hazards and and risks.
We have fitting film production insurance programs for all budget sizes: big and small, including projects that may have hazardous/stunt activities. These activities are required to be reported to the underwriters for approval and additional premium. We promise when looking for “cheap production insurance,” individuals do not get cheap service, but an individualized policy at an affordable cost!
Why You Need Film Production Insurance?
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.
What is Film Insurance?
Film insurance is probably one of the most important things a filmmaker needs to take into consideration before shooting the project. Why get insurance for your project? Essentially, there are three reasons: Legal, Contractual and Asset Protection. Film production insurance protects your production company and/or project from related liability.
All Film Production Insurance Is Not Created Equal
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.
Your film production insurance plan will need to include a number of different coverage types, such as:
- General liability: This portion of your policy will provide coverage for injuries on the set to anyone associated with the production besides direct employees, as well as any damage your production may cause to other people’s property.
- Equipment protection: This coverage will provide protection for your valuable photographic and digital recording devices.
- Professional liability: Also known as “errors and omissions” or “E & O” insurance, this coverage can be particularly important to the film industry and protects you against risks like libel, invasion of privacy, copyright infringement, and defamation of character.
- Workers compensation: Provides health protection for staff employed by the production company in the event of work-related injuries or illness. You may be required to carry this insurance, depending upon the nature of your business, how many people you employ and your state requirements.
You may wonder what kind of policy to get. Once again, the type of policy you want relies on the type of film you plan to make. Obviously, if you are making a short documentary film, the type of policy you want will differ from a filmmaker who aims to make a feature-length film. There are basically three types: short-term, long-term and annual. Short-term policies are used for single production, such as a commercial. A long-term policy is used for several projects during a longer period of time. An annual policy is reserved for ongoing projects, such as documentaries, industrial, commercials and education (DICE). DICE policies typically last for one year.
How much does Film Insurance Cost?
Unlike many other forms of commercial coverage, movie making coverage needs to cover some unusual risks. Whether you produce films for a living full time or just need short film insurance for a one-time project, you will need assistance from a knowledgeable underwriter who can advise you on the best coverage options within your budget. While every project and policy are different, ballpark premium pricing for short term production insurance starts at $330.00 (commercial general liability of $2,000,000 policy limit). Higher limits, additional coverage and longer term annual coverage is also available. Please note each production application is separately quoted and priced. Although we do our best to give you the cheapest rate possible, we also want to give you the best policy available.
Film Production & Video Production
Ten Reasons to Choose EventInsuranceQuote for Film Production Insurance:
1. General Liability, Inland Marine, Property, Automobile, Excess Liability,
and coverage enhancements specific to the film industry
2. Short term, annual term productions, risks with multiple productions,
film schools, photographers, and videographers are eligible
3. Blanket limits with agreed value available (no coinsurance)
4. Broadened Film coverage available for negative and faulty stock, sets,
props and wardrobes, etc. under Inland Marine
5. Blanket Additional Insureds and Waiver of Subrogation where required
6. Increased limits for Property damage to leased facilities available
7. Non-audited General Liability coverage
8. Abuse and Molestation coverage available
9. Aggregate limits apply per production
10. Large Excess Limits available
Short Term Film Production Insurance
The full array of film insurance coverage’s at competitive premiums for productions with budgets up to $1,000,000 and duration up to 60 days.
There are over 50 types of eligible film productions, including commercials, music videos, short films, feature films, and webisodes. Eligible productions:
1.Have a budget of no more than $1,000,000;
2.Shoot only in the US or Canada;
3.Do not have any Live Gangster Rap Music or Hard-Core/Soft-Core Porn.
|Inland Marine||Rented Equipment, Owned Equipment, Props, Sets and Wardrobe, Negative & Faulty Stock, Third Party Property Damage, Extra Expense, Cast and more.|
|General Liability||General liability (including increased limits), Stunt Buyback, Special Certificates & Waivers.|
|Automobile||Automobile Liability, Physical Damage.|
|Workers Compensation||Workers Compensation.|
|Excess Liability||Limits available up to 10 million.|
|Travel Accident||Travel Accident to comply with guild requirements.|
Cast Extra Expense
Cast extra expense is now available for production programs. Coverage options include blanket coverage with sickness (no medicals required), blanket coverage without sickness, and family bereavement.
Cast limits available are 100%, 75%, 50% and 25% of Gross Production Cost.
Stunts, Animals, Precision Driving
Stunts, animals, and precision driving 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.
Eligible Film Production Types:
The following represents a list of eligible video production types.
- “The Making of” Videos
- Community TV Interview
- Corporate Video
- Demo Reel Shoot
- Digital Video
- Direct Sale Videos
- Director’s Reel
- Educational & Training Film
- Experimental Film
- Feature Film
- Festival Reel
- Film Promotion
- Independent Feature, Low Budget
- Instructional Video
- Live Action Shot
- Miscellaneous Production
- Motion Picture
- Music Video
- Non Airing Pilot
- Photography Shoot
- Pick-up Shoot
- Point of Sale Video
- Promotional Video
- Public Access Program
- Public Service Announcement
- Reality Based TV Show
- SAG Experimental
- SAG Limited Exhibition
- SAG Modified Low Budget
- Sales Video
- Short Film
- Soap Opera
- Spec Commercial
- Spec Production
- Television Pilot
- Television Series
- Television Special
- Thesis Film
- Training Video
- Video Biography
- Video Game Shoot
- Video Location Survey
- Video Shoot (Miscellaneous)
- +MANY MORE LINK TO APPLICATION
Eligible declared stunts, animals, and precision driving scenes can now be purchased as a buyback to the existing stunt exclusion. Multiple scenes can be quoted online simultaneously with the production.
How to include Stunts:
The stunt exclusion can be bought back for eligible declared stunts.
- Stunts are quoted online simultaneously with the production.
- Stunts must be declared.
- Multiple stunts may be declared to a single production.
- Certain stunts are not eligible for workers compensation.
Insurance for Filmmakers
We are experts at working with producers to ascertain and implement the exact right combination of insurance products for any form of film or television production.
Cast Coverage :
Reimburses the production company for any extra expense necessary to complete principal photography of an insured production due to the death, injury or sickness of any insured performer or director.
- Insured performer or director must take a physical examination prior to being covered by this insurance.
- Physical examination cost to be paid by the production company.
- Coverage usually begins two to four weeks prior to the beginning of principal photography.
- It is the production company’s responsibility to inform our office as individuals are cast.
- If a cast member is declared, but we have not received a medical examination declaration for a declared cast member, that cast member is covered for accident only.
- Medical coverage does not apply until a cast member’s medical examination is submitted and approved.
Faulty Stock & Camera :
Covers loss, damage or destruction of:
- Raw film stock or video tape
- Exposed film (developed or undeveloped)
- Recorded Videotapes
- Sound Tracks and tapes
caused by or resulting from fogging or the use of faulty materials (including cameras and videotape recorders); faulty sound equipment; faulty developing; faulty editing or faulty processing; and accidental erasure of videotape recordings.
COVERAGE DOES NOT INCLUDE loss caused by errors of judgment in exposure, lighting or sound recording, from use of incorrect raw stock, or faulty manipulation by the cameraman.
This coverage can only be purchased with Negative Film and Video Tape coverage.
Negative Film & Video Tape :
Covers against risks of direct physical loss, damage or destruction of:
- Raw film or tape stock
- Exposed film (developed or undeveloped)
- Software and related materials used to generate computer images
- Sound tracks and tapes
used in connection with a production, up to the amount of the insured production cost.COVERAGE DOES NOT INCLUDE loss caused by fogging, faulty camera or sound equipment, faulty developing, editing, processing or manipulation by the cameraman; exposure to light, dampness or temperature changes; or errors in judgment in exposure, lighting or sound recording, or from the use of incorrect type of raw stock or tape.
Props Sets & Wardrobe :
Provides coverage on props, sets, scenery, costumes, wardrobe and similar theatrical property against risks of direct physical loss, damage or destruction occurring during the production.
Third Party Property Damage :
Pays for damage or destruction of property of others (including loss of use of the property) while the property is in the care, custody or control of the production company and is used or to be used in an insured production.
COVERAGE DOES NOT APPLY TO destruction of property caused by operation of any motor vehicle, aircraft or watercraft, including damage to the foregoing; liability for damage to any property rented or leased that may be covered under Props, Sets and Wardrobe, or Miscellaneous Equipment coverage.
THIS COVERAGE IS NOT PROVIDED by a General Liability Policy. Property damage coverage written as part of a Commercial General Liability Policy excludes damage to any property in the production company’s care, custody or control.
Miscellaneous Equipment :
Provides coverage on rented or owned camera, camera equipment, sound and lighting equipment, post production and editing equipment, portable electric equipment and generators, mechanical effects equipment, grip equipment, mobile dressing rooms and honey wagon trailer units and similar miscellaneous equipment against all risk of direct physical loss, damage or destruction occurring during a covered production, including loss of use to a rental company.
Extra Expense :
Provides reimbursement to the production company for any extra expense incurred to complete principal photography of a covered production due to loss of, damage to or destruction of property or facilities contracted by the production company for use in a covered production.
Non Owned & Hired Automobile Physical Damage :
This coverage can be added to the Production Package Policy. It covers physical damage to your rented vehicles, film trucks, mobile studio units, dressing rooms and other trailers, grip trucks, and other autos rented and used in connection with your production.
Physical Damage :
This coverage can be added to the Film Production Insurance Package Policy. It covers physical damage to your rented vehicles, film trucks, mobile studio units, dressing rooms and other trailers, grip trucks, and other autos rented and used in connection with your production.
Hired Auto Liability replaces or augments the liability coverage offered by the company that rents you the vehicles used in your production. It covers bodily injury and property damage caused by a vehicle rented by the production company and being used on an insured production.
Non Owned Auto coverage protects you against bodily injury or property damage caused by someone’s personal car if being used while that person is working on an insured production.
Animal Mortality :
Provides reimbursement to the production company for the declared value of the insured animal due to death and illness or disease resulting in the death of the animal.
Office Contents – Provides reimbursement to the production company for the declared value of the insured animal due to death and illness or disease resulting in the death of the animal.
Civil Authority – This coverage would reimburse the production company for any extra expense incurred as a result of the prohibition of access by a civil authority to your office, shooting location, or a facility contracted by the production company. For example, if a crime occurs at or near your filming location, and the police restrict your access to the location, this coverage would reimburse you for any additional expense that results from the delay.
Entertainment Equipment Floater
All risk, worldwide coverage for scheduled entertainment related equipment including Cameras, Production, Editing, Musical, Theatrical and miscellaneous items.
The Entertainment Equipment Floater provides annual coverage for schedules of any size. The program covers a broad array of equipment and allows for many types of coverage, including the option for rented equipment.
An equipment floater provides coverage for property that moves from location to location from the perils of theft, fire, windstorm, earthquake, flood, etc.
In the film industry and need insurance fast? Whether you need to insure your camera, your gear, or need liability for yourself as an individual camera operator or crew-member, we have a suite of online programs designed specifically for your needs.
Available equipment classes include: Editing/Post-Production Equipment, Recording/Studio Equipment, Sound/Location Recording Equipment, Musical Instruments/Band Equipment, Camera/Production Equipment, P.A./Sound Reinforcement Equipment, Theatrical Equipment, Miscellaneous Unscheduled Equipment.
Coverages available through the Entertainment Equipment Floater Program include:
- Owned Equipment
- Rented Equipment
- Negative Film & Faulty Stock
- Library Stock
- Extra Expense
- Third Party Property Damage
- Office Contents
- Business Income/Extra Expense
- Worldwide Coverage
- Various other coverages
What types of equipment can be covered?
- Editing/Post-Production Equipment – Post-Production, film and video editing, Computer-Generated Special FX Equipment, Audio Sweetening, Animation, etc.
- Recording/Studio Equipment -Sound Recordings (in studio)
- Sound/Location Recording Equipment – Sound Recordings (on location)
- Musical Instruments/Band Equipment – Any & all kinds of musical instruments (used on location or in studio)
- Camera/Production Equipment – Any & all kinds of camera equipment (still cameras, video cameras, motion picture cameras, grip, lighting, lenses, tripods, and related accessories)
- P.A./Sound Reinforcement Equipment – Used on location for live events
- Rented Equipment – Equipment rented from others (Policy cannot be written solely for rented equipment. Rented Equipment cannot exceed 300% of total Owned Equipment Limit.)
- Office Contents – Excluded unless scheduled
- Miscellaneous -Any type of unscheduled equipment. Limited to $500 Maximum per item and $10,000 maximum per Policy.
- Theatrical – Props, sets, wardrobe, puppets, costumes, and similar items.
Covered Causes of Loss
Coverage is provided for scheduled owned equipment and is extended to equipment you rent or borrow from others. If you rent or loan equipment to others you must request a certificate of Insurance naming you as loss payee.
Coverage is provided for damage, destruction or loss resulting from covered losses that include but are not limited to: fire, theft, vandalism, breakage and water damage. Theft from an Unattended Automobile is covered, only if there are visible signs of forcible entry. However, the most we will pay is $50,000 for any unattended vehicle loss. Coverage is provided for the cost to repair or replace equipment with new equipment. If the equipment is not replaced, it will be covered at Actual Cash Value.
If you suffer a loss, you may need to rent substitute equipment while your equipment is being repaired or replaced. Rental Reimbursement covers the cost of renting the substitute equipment for up to 30 days. The deductible is 3 rental days.
The coverage territory is worldwide, except for any country or jurisdiction which is the subject of trade or economic sanctions imposed by the laws or regulations of the United States of America.
- If the person you rent equipment to does not return it to you.
- Wear and tear, electrical surge, mechanical breakdown, confiscation by government, dishonest acts, intentional damage, damage while being repaired, and mysterious disappearance.
- This policy excludes coverage entirely for sub-renting equipment that you have rented.
Short Term Equipment Floater – For the lower budget production that does not require or want a Production Insurance Package policy, but must obtain insurance in order to rent production equipment, a short term Equipment Floater policy would be required. A short term equipment floater policy is effective for a specific period of time, normally 1 to 60 days. We provide a special Short Term Video Production Insurance program specifically for these types of productions.
Miscellaneous Equipment Floater Policy – For an entertainment related business that owns their equipment and must transport their equipment to various locations, but retains control of the equipment while in use, an equipment floater policy is required to properly cover the equipment. Property that is used in connection with a business activity is not covered under a homeowner’s policy, hence the need for a miscellaneous equipment floater policy.