They need to be booked at minimum wage (at the least) to access coverage in the case of an accident. In commercial production, companies this may be a focus on weddings, restaurants, start-ups, or even gyms. For indie film companies, this may be a certain genre such as horror or science-fiction. ![]() the grip truck, are paid workers and not interns or volunteers. Determine your niche When starting a production company, you may find that a specific niche excites you the most. One stop to all the best Film Production. Make sure that drivers of any working vehicles, i.e. We are a Miami New York based Film Production Company with video / film production services in DC & Virginia. These considerations all fall under the general liability section of your film production insurance. The video production insurance policy will cover the incident without involving anyone's personal car insurance policies.ĭo you have a owned sprinter or grip truck that is used for production? Will you be renting production trucks, picture vehicles, camera cars or moho and honeywagons? Let's say a crew member is driving the grip truck and gets in an accident. The umbrella covers the possibility that more than one person is injured in the facility during filming or live shows. The standard minimum policy is 1 million dollars, and when the location is open to the public or sells tickets it quickly jumps into a 5 million umbrella. A film production company is an organization that handles the development, financing, production, and distribution of movies. When tabulating general liability, remember that locations, including sound stages, require COIs. This coverage is required by most city/county permitting offices in order to obtain a permit. Artzrouni says brands that appeared in 2020’s 50 highest-grossing films reaped 890m in combined ad value. ![]() You'll need to pay the entire amount to replace it. That also means that if a lens breaks that was worth 2400. The most common deductible amount is 2500, meaning it’s not worth taking out an insurance claim for an item valued under 2500. Cast and crew are exempt from this and covered separately through a workers compensation policy. In 2020, the top brand the British clothing and shoe manufacturer Lonsdale generated an estimated 16.5m from its 16+ minutes of screentime in The Gentlemen. Film production insurance deductibles work like any other deductible. ![]() General liability covers bodily injury and property damage that occurs during the course of filming. Although film production insurance policies vary widely, you’ll always need general liability.
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