Tuesday, November 21, 2017

Insurance For Production Companies


We get questions every day regarding what are the common coverage’s found in commercial property insurance for film and production companies. Part one of our series, film & production company property insurance, we will review; definition of covered property, leased or rented property, accounts receivable, extra expense, and business personal property. Let’s get to it.

Definition of Covered Property-Covered property includes your equipment and related property used in the entertainment industry including audio, visual, computer, recording, lighting and projection equipment, wardrobes, props, costumes, and fine arts, as well as similar property of others that is in your care, custody, and control.

Property Loaned, Leased or Rented to Others-You’ll have coverage for direct physical loss to covered property you own that you loan, lease, or rent to others.

Accounts Receivable- Coverage is provided to reestablish accounts receivable records damaged as a result of a covered, direct physical loss.

Extra Expense- Commonly used equipment is easily and quickly replaced. Specialized or customized equipment may not be. To help you keep your performance commitments, your policy can cover the necessary and reasonable expenses up to a specific limit to expedite the repair or replacement of covered property. We can also cover the expenses to temporarily rent replacement property until your damaged property can be reasonably repaired or replaced.

Business Personal Property-Your policy covers direct physical damage to your business personal property resulting from a covered cause of loss.   
      
Note: All coverage described here would be subject to specific limits depending on policy terms

The staff at John Hart Insurance has over 60 years combined experience in the field of entertainment insurance.  We focus exclusively on understanding the unique needs of motion picture, television, video, music and theatrical companies.  This knowledge base allows us to structure an insurance program specifically for each client that will be a balance of the best coverage and most economical solutions to help them manage the risks inherent to their unique businesses.

Wednesday, November 15, 2017

We Insure Fun



John Hart Insurance takes insurance seriously. But we understand that our clients are in the entertainment business, and many times that is fun. You are providing fun and relaxation for the public. Here are just a few of the kinds of entertainment we insure and the most common risk associated with each.

  •          Concerts- Injury to spectators
  •          Feature Films- Injuries to cast members
  •          Theme Parks- Injury to guests
  •          Theater Productions- Damage to props and wardrobe
  •          Documentaries- Copyright infringement
  •          Commercials- Property damage
  •          Short Films- Errors and omissions
  •          Promoters- Contractual liability
  •          Special Events- Event cancellation
  •          Photographers- Owned Equipment
  •          Television- Injury to cast and animals
  •          Video Productions- Negative film and videotape damage or loss
  •          Film Schools- General liability
  •          Touring Performers- Non-appearance and cancellation



We have over 60 years combined experience in the field of entertainment insurance.  We focus exclusively on understanding the unique needs of motion picture, television, video, music and theatrical companies. Call us today for more information. 

Monday, October 30, 2017

Does Your Entertainment Business Need an Insurance Review?

Benefits of a Business Insurance Review

Every Entertainment company, at some time, should have their entertainment insurance reviewed by an independent insurance agent like John Hart Insurance. If it has been more than a year since your last review, now may be a good time. We review all our clients’ insurance needs on a regular basis. There are many benefits to an insurance review including:
·         Prices change and a review can determine if you are getting competitive rates on your insurance.
·         Your coverage needs may have changed and your policy should reflect these changes.
·         There may be new insurance companies to which we have access.
·         Laws and regulations are changing and may require a different kind of insurance

Why Review My Entertainment Insurance?
  • We have identified a number of questions that might indicate your business insurance is out of date.
  •  Did you purchase any new equipment?
  • Are you planning any foreign productions?
  • Do you have new talent on contract?
  • Are you involved in any new partnerships?
  • Have you seen an increase in your claims?
  • Do your vehicles cross state lines?
  • Have you experienced growth?

We live in interesting financial times and making sure we save money wherever we can is very important. Having us preform an insurance review might just be what is needed to protect your assets while putting money back in your pocket.


The staff at John Hart Insurance has over 60 years combined experience in the field of entertainment insurance.  We focus exclusively on understanding the unique needs of motion picture, television, video, music and theatrical companies.  This knowledge base allows us to structure an insurance program specifically for each client that will be a balance of the best coverage and most economical solutions to help them manage the risks inherent to their unique businesses.

Wednesday, October 18, 2017

Entertainment Property Insurance….Coverage Is King!



Most entertainment business owns business property, and may also own the building in which you run your operations. Entertainment property insurance protects the physical assets of your business, such as computers, office equipment, cameras, film, buildings, furniture, fixtures, and other property.

Every business should have a comprehensive property insurance portfolio to respond to the many risks associated with property ownership. Property policies offer many unique kinds of coverage, some of which we have highlighted:

  • Building Coverage - allows you to quickly rebuild or repair buildings or other property damaged by fire, theft, natural disaster or other events, allowing you to return to normal operations.
  • Business Personal Property Coverage - covers costs to replace the contents in your building if they are stolen or destroyed by a covered unforeseen event.
  • Business Income Coverage - provides for continued income or lost revenues while the building and its contents are being rebuilt and replaced.  Business income helps you to cover operating and normal payroll expenses needed to keep an organization operating after a loss, usually for a specific time period.
  • Production Equipment – Covers your cameras, and other production equipment.
  • Building Ordinance Coverage - covers the increased cost to comply with building codes, ordinances or laws that have changed after your building was originally constructed. For example, under revised building codes you may now be required to install sprinklers which would increase the value of construction. 
  • Outdoor Signs and Property Coverage - covers costs to replace outdoor fences, signs, trees, shrubs or plants.
  • Equipment Breakdown Coverage - covers loss due to failure or breakdown of equipment such as boilers, heating systems, and electrical equipment.
  • Computer Coverage - covers costs to replace or repair damaged hardware, software, data or media vital to your operations.
  • Earthquake Coverage - provides insurance to repair or replace damaged equipment and/or buildings resulting from an earthquake. Earthquake coverage is typically excluded under most property policies.
The staff at John Hart Insurance has over 60 years combined experience in the field of entertainment insurance.  We focus exclusively on understanding the unique needs of motion picture, television, video, music and theatrical companies.  This knowledge base allows us to structure an insurance program specifically for each client that will be a balance of  the best coverage and most economical solutions to help them manage the risks inherent to their unique businesses.

Wednesday, October 11, 2017

We Can Insure Your Stunts


Producers on action films need stunt professionals. Sometimes the production provides the insurance and other times the stunt performer may be required to carry their own insurance.
Many productions may even use stunts while filming a commercial or short film. Even training films often include stunts as part of the production.  However, many traditional entertainment insurance packages don’t automatically cover stunt work.

We can provide special stunt coverage for any production you are involved in. Directors and production companies can attain coverage for the following... Stunts, aerial scenes, falls, fight scenes, recreational vehicles, water scenes, weapons, precision driving, and animals. 

Here are a few if the stunts that should be insured:
  • Aerial Work
  • Fight Scenes
  • Animals
  • Scripted Falls
  • Special Driving
  • Use of Weapons
  • Underwater Work

The staff at John Hart Insurance has over 60 years combined experience in the field of entertainment insurance.  We focus exclusively on understanding the unique needs of motion picture, television, video, music and theatrical companies.  This knowledge base allows us to structure an insurance program specifically for each client that will be a balance of  the best coverage and most economical solutions to help them manage the risks inherent to their unique businesses.


The Key To Your Entertainment Insurance Renewal



Important Topics For A Entertainment Insurance Renewal

There are many common renewal dates for commercial risks. July and January are two of the most common. July is just around the corner, so we thought we might share some of the topics which are important to review as part of your business insurance renewal.

Big Picture Business Insurance Renewal Questions

What Has Changed In Your Business?
These questions are important, as the resulting answers can change your risk, insurance program design, and ultimately your business insurance premiums.
  • Have you added any new locations?
  • Did you update or remodel your facility?
  • Have you hired new talent?
  • Do you store any film or tape?
  • Did you make any investments in your business?
  • Have you sold any personal property or equipment?
  • Have there been any changes in ownership?

Other Important Business Insurance Renewal Questions

These are also important and can affect your premiums
1.    Have you added any employees?
2.    What are your projected sales for the next year?
3.    Are you planning on any changes with your commercial autos?
4.    Have you entered into any new leases or contracts?
5.    Have you designed protocols in the event of a cyber-breach?
6.    Have you added any security systems, including alarms, surveillance cameras, etc?


Putting a little effort into your business insurance renewal can reap rewards in the form of better coverage and lower premiums. The staff at John Hart Insurance has over 60 years combined experience in the field of entertainment insurance.  We focus exclusively on understanding the unique needs of motion picture, television, video, music and theatrical companies.  This knowledge base allows us to structure an insurance program specifically for each client that will be a balance of the best coverage and most economical solutions to help them manage the risks inherent to their unique businesses.

Thursday, September 21, 2017

How Event Cancellation Insurance Can Save Your Production



Most entertainment companies do everything possible to make sure that shows and productions are opened on time. But sometimes there are circumstances that just can’t be helped. Fire, natural disaster, and talent illness can cause events to be cancelled. Special Event Insurance can provide the necessary security to ensure that if something does go wrong, you and your guests are protected.

Event Cancellation Insurance/Special Event Insurance from Movie Insure protects production companies from unforeseen circumstances that require the show to be canceled. It would provide funds to cover deposits and other costs that may have already been paid. Unforeseen circumstances could be related to any number of things including weather, construction at the venue, or illness of the featured speaker or entertainer. Policies can be created to protect revenues or expenses for those with insurable interests should an event be cancelled.

Event Cancellation Insurance is an important insurance to consider. If a loss occurs, John Hart will work closely with you to file documents quickly and accurately so your event can go on as planned.

The staff at John Hart Insurance has over 60 years combined experience in the field of entertainment insurance.  We focus exclusively on understanding the unique needs of motion picture, television, video, music and theatrical companies.  This knowledge base allows us to structure an insurance program specifically for each client that will be a balance of the best coverage and most economical solutions to help them manage the risks inherent to their unique businesses.