Blog

the importance of insuring your production

By Barrow Group Staff / July 25, 2022

Cameraman in Basket-1

As a producer in the entertainment industry, #ProductionInsurance may be one of the last things on your mind. But it should be one of the first things you do. Production insurance protects your investment on everything and everyone involved in the making of the film. Issues such as damage to equipment or property frequently occur and can happen anytime. Having the proper coverages in place will be one less thing to worry about when things get hectic during filming.

Worker’s Compensation Insurance

Worker’s Compensation is one of the most important types of insurance film makers should have in place. In the unfortunate event that a cast or crew member is injured on the set, worker’s compensation covers the person’s medical expenses, lost wages and rehabilitation costs. Also, actor’s unions such as SAG/AFTRA require worker’s compensation insurance on their actors, so it’s best to get this policy in place at the very start.

Other Important Production Policies

  • DICE annual policy
  • General liability
  • Miscellaneous rented equipment
  • Production package
  • Third party property damage
  • Props, sets and wardrobe
  • Cast coverage
  • Worker’s compensation
  • Business personal property insurance

Our experience

It’s been our experience that bigger budget films and experienced producers set aside money for insurance from the very start. However, smaller, independent film makers go without. In these instances, in the event of an injury, medical expenses quickly add up and will shut down the production. That usually means that everything that has been invested up to that point is lost.

As a brokerage, Barrow Group works with a wide variety of insurance carriers, so we can usually find appropriate coverage for any type of production. We have insured everything from major films to documentaries and commercials. Our IMDB page: https://www.imdb.com/search/title/?companies=co0371175 provides a list of various projects we’ve insured. Since we look at each risk differently, we offer a variety of packages to fit your budget and your needs, and it will cost you nothing to call for a quote.

How To Get Started

The process of obtaining insurance is not complicated and as an agent, Barrow Group handles most of the paperwork for you. When you need a quote, simply click on our website link:

Application for Film Insurance.

Complete the application form and our film insurance specialist will contact you to begin a consultative evaluation of your upcoming project. We will handle putting together a coverage package designed for your specific needs and your budget.

We look forward to working with you on your next project.

#FilmInsurance, #FilmAndTV

Topics: Production-Insurance, Film-Insurance, Film & TV

Recent Posts

Topics

See all