What are the essential coverage options to look for in a video production insurance policy?
Video production insurance typically covers physical damage to equipment, medical expenses, location closure, and cancellation or postponement.
Specialized plans for different types of video production, such as documentaries or TV series, are available.
Prices for video production insurance vary based on production type, coverage amount, and deductible.
Many insurers provide online quote tools and customizable plans for video production insurance.
Insurance brokers and consultants specializing in video production industry risk management and insurance solutions exist.
General liability insurance is the most common policy purchased by video and film production studios, averaging $40/month.
Business owner's policies (BOP) bundle equipment coverage and general liability coverage at a discount, ideal for third-party bodily injury and property damage.
Professional liability insurance covers theft or physical damage to video equipment, typically costing $77/month.
Workers' compensation insurance averages $56/month and protects against employee injury or illness during production.
Commercial auto insurance covers production-related vehicle damage and incidents, averaging $147/month.
Film production insurance typically costs 25% of the production budget, depending on size.
Film production insurance includes general liability, equipment, workers' compensation, errors and omissions, and specialty insurance.
Short-term film and video production insurance covers a single shoot without hazardous activities for up to 90 days.
Videographer insurance from The Hartford provides general liability and commercial property insurance for owned or rented equipment and studio space.
Full Frame Insurance offers customizable coverage options for video equipment insurance, so you never pay for more than necessary.
Chubb Film Production Insurance has provided insurance solutions for the film industry for over 40 years, adapting to new technologies and risks.
Equipment breakdown and repair is a standard coverage in comprehensive video production insurance plans.
Medical expenses for cast and crew are typically covered under video production insurance policies.
Unforeseen circumstances, such as natural disasters, that cause cancellation or postponement are often covered in video production insurance plans.
Unexpected location closures can be covered by video production insurance, protecting against financial loss.