MFE Insurance, a Michigan production insurance brokerage, recently released a guide on "What Producers Need To Know About Film Equipment Insurance." This insurance can help protect film producers or owners of film equipment used for film production.

Film equipment insurance consists of insurance policies designed to provide liability coverage for companies and individuals producing video projects. These can include music videos, web series, shows, and other similar productions. The policy can provide funding to repair and replace damaged equipment. Damaged equipment can seriously halt the production process and should be properly covered in case. Examples of equipment that can be covered are Cameras, microphones, boom sticks, camera lenses, computers, etc. Repairing damage to your production equipment can cost you tons of money, therefore, film equipment insurance is necessary.

There are several types of film equipment insurances available. General liability insurance covers the cost of repairing or replacing damaged property in the production process. Inland marine insurance mainly covers property being transported over water and moveable equipment that is required for your production, such as cameras, lenses, computers, lighting equipment, props, wardrobe, other electronics, rented equipment, accounts receivable, and trailers to transport your gear. With travel accident insurance, your film equipment is protected while traveling between set locations as well.

Speak to the Michigan production insurance brokers at MFE Insurance for more information about film equipment insurance and to secure your own policy. MFE specializes in entertainment industry insurance, including policies for bars, nightclubs, theater and film productions, cannabis operations, and more. Its knowledgeable brokers can assist you by creating a custom insurance package that provides comprehensive coverage for your needs. For more information, contact the agency at 313-395-1855 or online at https://www.mfeinsurance.com/.

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