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I WANT TO RENT MY EQUIPMENT!


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#1 Keston Karter

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Posted 02 January 2009 - 03:13 PM

Hey guys,I want to start renting my equipment. I am located in the ny area. I would also like to know if the production company/renter should provide insurance or should purchase insurance on the equipment and just have the customer pay for the insurance? And where would i go to purchase insurance for equipment of this sort?

EQUIPMENT FOR RENT

PANASONIC HVX200
REDROCK MICRO M2 KIT W/MICRO X
ZEISS LENS 35MM,50MM
NIKON LENS 85MM
(4) BATTERIES +POWER SUPPLY
7 INCH TFT WIDESCREEN COLOR MONITOR
DAVIS & STANFORD TRIPOD


ADDITIONAL EQUIPMENT

(2) 50 INCH HEAVY DUTY MATTHEWS C STAND
(2) 2 K FRESNEL W BARN DOORS
(1) BABY 2 K FRESNEL WITH BARN DOORS
(1) 1 K FRESNEL
(2) 1 KS WITH SOFT BOXES AND STANDS
(4) 25FT AND 50FT HEAVY DUTY 120 AMP EXT CORDS
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#2 Bruce Taylor

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Posted 02 January 2009 - 08:38 PM

Hey guys,I want to start renting my equipment. I would also like to know if the production company/renter should provide insurance or should purchase insurance on the equipment and just have the customer pay for the insurance?


You need two types of insurance. You need to have liability insurance and insurance on your gear for theft, damage when it's in your possession.

Then you need to get a certificate of insurance from the rentee which they will supply. You need to get a deposit to cover their insurance deductable as well.

There are companies that specialize in this. I'm in the LA area, so I use Insurance West for my insurance company as a rental house. I've had great luck using www.buymyinsurancenow.com for clients that don't have a production policy through a school or larger production company. Kat Wong has been very helpful to my clients. I have some insurance info on this page of my site: http://www.indi35.com/tips_and_links

Be sure you're covered before you send the gear out. I am new to this and I have been happy with the way my clients have treated the gear. When I explain that it's my stuff and I really care about it, they seem to take better care.

Good luck,

Bruce Taylor
www.indi35.com
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#3 Mike Lary

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Posted 03 January 2009 - 01:36 AM

This thread should be in "Business Practices / Unions".
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#4 Keston Karter

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Posted 04 January 2009 - 12:52 PM

thanks a lot bruce! you've been very helpful. I've had all this equipment since the hvx200 first came out. I probably use it about 5 times. figured I'd start renting it out to make some money!
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Technodolly

Wooden Camera

Abel Cine

Gamma Ray Digital Inc

Tai Audio

Rig Wheels Passport

FJS International, LLC

Visual Products

CineLab

Glidecam

Broadcast Solutions Inc

Metropolis Post

New Pro Video - New and Used Equipment

The Slider

Paralinx LLC

Willys Widgets

rebotnix Technologies

Aerial Filmworks

CineTape

Ritter Battery