As a film producer, you are responsible for overseeing every detail of your company’s video project. A misstep here or an omission there, and the financial health of the production could be endangered.
As such, it is important that you do not overlook the importance of carrying comprehensive video production insurance. In today’s litigious climate a film production is open to liability claims from many fronts.
A Strategy for Comprehensive Coverage
Your video production insurance needs are somewhat dependent on the size and scope of the production. Many specialized policies or endorsements are available and can be discussed with an experienced agent or broker. Every film production company, however, should consider the following:
General Liability provides coverage for property damage or bodily injuries that occur to third parties as a result of your production.
Workers Compensation is required in most states for any business that employs at least one person. It is a necessity in the event of a work-related injury or illness suffered by one of your staff.
Errors and Omissions protects against claims such as false advertising, invasion of privacy, copyright infringement or defamation
Equipment Breakdown is essential for a business that relies so heavily on sophisticated cameras and video editing tools.
Business Auto and Non-Hired Auto purchased in tandem will protect against any damages or bodily injuries suffered as a result of accidents in company-owned and/or personal vehicles driven by employees.
Additional customized coverage can be purchased depending on your company’s needs. Consult an experienced agent or broker to find the right video production insurance plan.