Should I purchase gear coverage for my movie? Try photography insurance
If you are making a movie, you need to protect your gear so you can avoid any accidents from derailing your entire project. If you are using expensive equipment, such as cameras, video recorders, sound equipment, microphones, and much more, you may find that the total cost of this equipment can wrack up to hundreds of thousands of dollars! But what happens if one of these pieces is damaged during the production of your movie?
Not only will this totally stall the entire portion of your movie, but it can lead to thousands of dollars that you may not have budgeted for yourself. If you run into financial issues during your movie, you may find it stalls the project for days or weeks. If this is the case, kiss your movie goodbye. Avoid this catastrophe by purchasing financial protection for your gear for your movie!
Why you should purchase photography insurance for your movie
If you use expensive equipment on stage to get the perfect shot for our movie or commercial, you need to purchase insurance to protect yourself and others from inadvertently damaging these pieces of technology. As you may know, camera and video cameras are very expensive, costing hundreds of thousands of dollars for professional pieces of gear. Purchasing photography insurance to avoid long-term damage from harming your movie production schedule. Learn more on how to get photography insurance for your gear.
By purchasing photography insurance, you can choose the type of coverage that you need to help protect yourself, your business, and your employees from a potential insurance claim in the future. But how much will this cost you? Even though insurance can cost up front, it will save you thousands in the long run!
Photography insurance typically depends on various factors in the industry, such as your gear, the size of the business, the number of employees on set, the past claims, and the risk factors, such as the placement of set, the positioning of the camera, and other factors. For example, if you are using multiple shooting locations, various cameramen, and you shoot in risky sets, this can increase the price of photography insurance.
Keep in mind that you should purchase at least this photography insurance for your moving project:
- General liability – this type of insurance is the best kind of photography insurance to protect yourself and your company from any accidents or injuries during the shooting of the movie that can result in legal trouble. For example, if someone is injured while using a camera, you need to use this type of photography insurance to cover hospital bills and expenses.
- Commercial auto insurance – the second type of insurance to purchase is if you use an automobile to carry your equipment to set every day. Purchasing this type of photography insurance can help you cover your equipment.
Conclusion
If you find that you are shot in a movie on set and there are chances equipment could be damaged, purchasing photography insurance will help you save those in the long run! Purchase insurance so you can avoid any mishaps on the set from costing you thousands in legal bills and trouble.
