No tow entertainment policies are alike. We design a policy that will fit your unique production risks. For example, a BOP might cost between $600 and $3,200 for $2 million in coverage, and media liability insurance is $1,200 to $2,200 for $3 million in coverage.
- Project budget or costs: A more expensive project or production means more potential for something to go wrong with filming or if you fail to deliver on time. Insurers charge more for the added risks on expensive film and media projects.
- Number of employees involved: The more employees you have, the greater the risk of injury and the more likely it is for an employee to cause a problem during production.
- Location: If you are filming gat a remote location or in a foreign country the cost may be more than filming on a sound stage.
- Type of production: If your production has stunts and expensive sets your cost will be more than just shooting a simple commercial.
- Experience of the producers in the industry: Insurers value experience gained over time. The longer you’ve been working in the entertainment field, the better you’re likely to be at your work and the less chance of problems arising. As a result, the cost of entertainment insurance goes down.
- Equipment and materials: The value of equipment, props, sets, and related materials all impact the cost of an entertainment insurance policy.
- Past claims history: If you have a long history with no claims, insurers view you as low risk. However, if you have made claims in the past, it raises red flags for insurers that you may be prone to problems, and you’ll be charged higher premiums as a result.
MovieInsure.com offers a wide variety of A-rated, Admitted and Non-Admitted insurance companies for our clients to choose from. We only deal with companies that are on the Insurance Commissioner’s approved list.
We service the following states: Alabama. Arkansas, Arizona, California, Colorado, Delaware, District of Colombia, Florida, Georgia, Hawaii, Iowa, Illinois, Indiana, Louisiana, Maryland, Michigan, Mississippi, North Carolina, New Jersey, New Mexico, Nevada, New York, Ohio, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia, Washington, and Wisconsin. If you do not see your state listed here, please inquire anyway – we are growing!