Source: Greg Zeboray
By: Company Press Release
The term ‘Floaters’ means your equipment is covered regardless of where you are (rather than just at your insured location) – and that is crucial to virtually everyone in the entertainment industry as more than likely you’re out and about with your gear while working.
Entertainment Equipment Floaters provides annual coverage for schedules of any size. The program covers a broad array of equipment and ALlows for many types of coverage, including the option for rented equipment.
Available equipment classes include: Editing/Post-Production Equipment, Recording/Studio Equipment, Sound/Location Recording Equipment, Musical Instruments/Band Equipment, Camera/Production Equipment, P.A./ Sound Reinforcement Equipment, Theatrical Equipment, Miscellaneous Unscheduled Equipment
Coverage’s available through the Entertainment Equipment Floater Program include:
· Owned Equipment
· Rented Equipment
· Negative Film & Faulty Stock
· Library Stock
· Extra Expense
· Third Party Property Damage
· Office Contents
· Business Income/Extra Expense
· Worldwide Coverage
Floaters are also very inexpensive. For example, the two most recently written by me were $398.00 for 37,000 in coverage and $307.00 for 20,000 in coverage (both with 500.00 deductibles). In other words, you can’t afford to not have one!
