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renting equipment and insurance


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#1 Rick Shepardson

Rick Shepardson
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Posted 14 July 2008 - 01:46 PM

Greetings,
I'm going to be dealing with equipment rental and insurance for the first time.
The equipment in question is a ziess 11mm-110mm variable lens. I am probably going through Cine Photo Tech in Atlanta, Ga.
Of course, the company requires that I have insurance.
As I look up different companies and their rates, I'm realizing that there alot of research must be done to find the best insurance program for my needs.
What questions should I ask of the company I'm going through and what concerns and problems should I be aware of?
This production has a very tight budget-so any money saving tips would be greatly appreciated.
Thank you,
Rick Shepardson
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#2 Bruce Taylor

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Posted 14 July 2008 - 04:19 PM

Greetings,
I'm going to be dealing with equipment rental and insurance for the first time.


Yep, they are going to require insurance. First question-- are you a student? Because if you are, schools often have insurance that students can use. That can save you a TON of money. If not...

If you only need coverage for the specific lens you are renting, you might take a look at photo.net:
http://photo.net/learn/insurance
If you join, you can buy insurance. I just had a guy that used it at Indi35.com. It's like $175 to join, and then you can buy their insurance. The deal is, you have to put the specific gear on the policy as though you owned it and were insuring it for the year, then they will issue a certificate of insurance which is what the rental company needs. It also includes liability coverage and you can put all your personal gear on it, so it is a sweet deal. It is way cheaper than typical production insurance if you don't need all the benefits of a regular production policy (like worker's comp, vehicle liability, etc.) - it will probably run you $400-500, but that is for the year, not just a few days.

For typical production insurance check out: http://www.filmempor.../insurance.html
It's probably going to cost 700-900 for one to 12 days of coverage, including production liability, etc.

If you are an ongoing concern, you might take a look at http://www.insurancewest.com/ they specialize in insurance for the entertainment industry.

The rental house may have some suggestions too, so you should ask them. Some places will accept a credit card deposit, depending on the equipement value.

Good luck!

Bruce
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#3 Jamie Metzger

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Posted 16 July 2008 - 01:40 AM

Hey bruce, thanks for those links, I am in need of this information and I appreciate it!
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CineTape

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Wooden Camera

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Visual Products

Willys Widgets

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New Pro Video - New and Used Equipment

Rig Wheels Passport

CineLab

Metropolis Post

Gamma Ray Digital Inc

FJS International, LLC

Ritter Battery

Aerial Filmworks

The Slider

Abel Cine

Rig Wheels Passport

Wooden Camera

Metropolis Post

Aerial Filmworks

CineTape

Visual Products

Paralinx LLC

Broadcast Solutions Inc

Willys Widgets

Abel Cine

Gamma Ray Digital Inc

New Pro Video - New and Used Equipment

FJS International, LLC

Ritter Battery

CineLab

Technodolly

rebotnix Technologies

Glidecam

The Slider

Tai Audio

Media Blackout - Custom Cables and AKS