3rd Party Property Damage

Protecting Your Film Set: The Importance of Third Party Property Damage Insurance and Safety Protocols

When it comes to making a movie, film insurance is an important aspect that cannot be ignored. This insurance covers a wide range of potential losses that can occur during the course of filming. One such aspect of film insurance is third party property damage insurance, which is designed to protect against damage caused to third-party property during the filming process.

Third party property damage insurance is a type of liability insurance that covers damages that occur to property that belongs to third parties. This insurance is important for film makers as it covers any damage caused to locations used during filming, including damage caused to the set. If a film set is damaged during the course of filming, this insurance will provide financial compensation for the damages.

The coverage provided by third party property damage insurance varies depending on the policy. Typically, it will cover damages caused by accidents such as fire, water damage, and other types of property damage that occur during the course of filming. However, it is important to review the policy to ensure that it covers all potential risks associated with filming.

In addition to having third party property damage insurance, there are several steps that filmmakers can take to protect their film set. The first step is to conduct a thorough location scout before filming. This will help identify any potential hazards or risks associated with the location and allow filmmakers to take steps to mitigate these risks.

During filming, it is important to have a designated safety officer on set to monitor the production and ensure that everyone is following safety protocols. It is also important to have appropriate safety equipment on hand, such as fire extinguishers, first aid kits, and protective gear.

After filming is complete, it is important to conduct a thorough review of the location to ensure that there is no damage to the property. This can include a walkthrough of the location to identify any potential damage caused during the course of filming. If any damage is identified, it should be documented and reported to the insurance company as soon as possible.

In conclusion, film insurance is an important aspect of making a movie, and third party property damage insurance is a key component of this insurance. This coverage provides financial protection against damages caused to third-party property during filming, including film sets. Filmmakers can take steps to protect their film set by conducting a thorough location scout, having a designated safety officer on set, and reviewing the location after filming is complete. By taking these steps and having appropriate insurance coverage, filmmakers can protect themselves and their production from potential financial losses.

Unattended Vehicle Exclusion EndT.

A Crucial Aspect of Film Insurance for Producers and Rental Houses.

As a film producer, it's important to ensure that your production is properly insured to protect your assets and minimize your liability. One aspect of film insurance that many producers may overlook is the unattended vehicle exclusion endorsement. In this blog post, we'll explore what the unattended vehicle exclusion endorsement means, and why more rental houses that rent equipment to film sets require that this endorsement is removed.

What is the Unattended Vehicle Exclusion Endorsement?

The unattended vehicle exclusion endorsement is a common exclusion in many film insurance policies. This endorsement states that the policy does not cover loss or damage to any equipment left in a vehicle that is left unattended, even if it is within the vicinity of the production set.

Why Do Rental Houses Require the Unattended Vehicle Exclusion to be Removed?

Many rental houses that rent equipment to film sets require the unattended vehicle exclusion endorsement to be removed from the film insurance policy. The reason for this is simple: rental houses are often liable for damage or loss to their equipment, even if it occurs on a film set. By requiring the unattended vehicle exclusion to be removed, rental houses can ensure that their equipment is covered by the production company's insurance policy, even if it is stolen or damaged while unattended.

In addition, many rental houses require proof of insurance that covers their equipment, even when it is not in use. This means that the production company must have insurance that covers the rental equipment, even when it is left unattended. By removing the unattended vehicle exclusion endorsement, the production company can ensure that they have the coverage needed to satisfy the rental house's insurance requirements.

What Can Producers Do to Ensure Proper Coverage?

To ensure proper coverage and compliance with rental house requirements, producers should carefully review their film insurance policies to ensure that the unattended vehicle exclusion endorsement has been removed. Producers should also confirm with rental houses what type of insurance is required for their equipment and ensure that their policy provides adequate coverage.

In addition, producers should take steps to minimize the risk of theft or damage to rental equipment while on set. This includes ensuring that equipment is properly secured and stored when not in use, and taking precautions to prevent theft or damage, such as hiring security personnel.

In conclusion, the unattended vehicle exclusion endorsement is a common exclusion in film insurance policies that can leave production companies liable for loss or damage to equipment that are left unattended. By removing this endorsement and taking steps to minimize the risk of theft or damage, producers can ensure proper coverage and compliance with rental house requirements.