insurance

[Matt Doll]

Hey everybody I've beem operating for about 2 years. My question is when supplying production companies with list of equipment and values to obtain a certificate of insurance are you giving them values that would reflect the cost of a new like kind and quality rig,accessories,remote focus unit etc.. or just the amount that you paid for your rig and extras.

 

I have a demo Ultra Cine and a used Preston.

 

Also I want to change my insurance carrier for my rig any suggestions. Has anyone out there had to file a claim for damage while shooting? What are somethings I can do on my end to ease the pain?

 

I would love to hear from anyone with thoughts or advice.

 

Matt Doll

Steadi L.O.F. inc.

owner/operator

local 600

Wilmington NC

[Mike McGowan SOC]

My values reflect the cost to buy brand new everything I own. It shouldn't matter much to the production company as they have a large policy that covers a whole lot more than the steadicam.

 

Though I've never had to file a claim, I've been really happy with Walter P. Doll insurance agency, 513-421-6515.

 

mm.

[Alfeo Dixon SOC]

My question is when supplying production companies with list of equipment and values to obtain a certificate of insurance are you giving them values that would reflect the cost of a new like kind and quality rig,accessories,remote focus unit etc.. or just the amount that you paid for your rig and extras.

 

I have a demo Ultra Cine and a used Preston.

 

Your coverage should be for the cost of fair replacing value of your equipment in a timely manor. If you have a lost, you should be able to replace your gear with a like kind good of the same worth or better. Even if you had a used Ultra rig in 'good' condition, you would not want it to be replaced with a Masters rig in 'great' condition nor a Masters are in 'fair' condition unless you are compensated for the lessor value.

 

Nor should it take two to three months to find a comparable replacement.

 

-Alfeo