23 Jul Insurance for Video Production Companies
Insurance for Video Production Companies
Video Production Companies have unique Insurance needs. There are several important coverages to consider depending on your Video Production Company’s operations. We will go over some of the most important coverages for your Video Production Company.
Insurance for Video Production Companies – Business Owners Policies
Business Owners Policies are a great option for Video Production Companies looking to cover their equipment and operations. A Business Owners Policy is a packaged policy that includes the General Liability and Business Personal Property on a single policy. These policies are often very affordable and easy to obtain. In some cases, you can purchase a Business Owners Policy with a $4,000,000 General Liability Aggregate Limit and Business Personal Property coverage for just $500 a year.
Insurance for Video Production Companies – Scheduled Property
In addition to covering your Business Personal Property, you can specifically schedule your property on the policy to assure you get a full replacement cost in case of a covered loss. This is a great option for Video Production Companies that have expensive equipment. You can schedule items like camera bodies, lenses, laptops, etc. Scheduling your property is optional, but for those Video Production Companies with expensive equipment, this coverage can be a lifesaver.
Insurance for Video Production Companies – Other Important Coverages
There are additional important coverages to consider, depending on your Video Production Company’s operations. If you offer services off premises, you should carry some form of Business Auto coverage. If you have employees, you are required to carry Workers Comp. If you offer Video Production consultation services or work in an advisory capacity, you may need to consider purchasing Professional Liability.
If you would like to learn more about any of these coverages, we are happy to help.
Give us a call at 925-297-4829.
All information is general in nature and is intended to provide guidance only. It is up to you to request specific coverage options, the agency and agent do not bear this responsibility. Always read the policy if there is a questions about coverage or a claim. If any information herein should conflict with your actual policy’s specific language, the policy language will be controlling.