25 Apr Properly Insuring Your Set with Film Production Insurance
Regardless of where a film is being shot, a studio in Hollywood or a beach in the Carolinas, film production insurance is a necessity. Many films that have a whirlwind start fizzle out due to unexpected costs, such as injuries on the set or damage to private structures. Should this occur on your film, could you be left facing the financial burden on your own? The key to being properly insured in knowing the types of coverage you could need before purchasing a policy.
You’ll want to speak to an agent who with a special understanding of the types of coverage required by film producers. Filmmaking is an enterprise that certainly has a unique set of risks. Things that can go wrong while a film is in production are many – ranging from the simple to the bizarre. In addition to the basics like property damage, other unfortunate events could include:
- An accusation that you’ve plagiarized the script.
- A leading actor being injured or otherwise unable to complete the project.
- The property of a citizen being damage due to an accident while filming.
The possession of film production insurance is a sign of a true entertainment professional. You know the risks you face by trying to take your vision to the silver screen. Before you tell your star to break a leg, make sure you are actually covered for such an accident.