film equipment insurance

Unattended Vehicle Exclusion

Why do rental houses ask to remove unattended vehicle exclusion endorsement from my insurance policy?

It is important to remove this exclusion from your policy because the carrier will not pay for loss or damage caused by or resulting from theft from any unattended vehicle unless at the time of the theft its windows, doors and compartments were closed and locked and there are visible signs that the theft was the result of forced entry.

An increasing number of rental houses are requesting that client insurance coverages have the unattended vehicle exclusion removed from their coverage before they will lease equipment while others have it hidden in the fine print of their rental agreements. If you were unaware of this detail or failed to adhere to it by making sure your insurance provider has tailored your production insurance policy to have this exclusion removed, you could be left holding the bag for the entire cost of any stolen equipment. Having proper coverages is key to protect your next production.

Before starting production on your next project, be sure to consult with a film production insurance specialist at Akker, LLC by visiting us at www.akkerins.com. Our film specialist will have a full understanding of the specific types of coverage you need to protect your project and will also have access to a variety of carriers and can tailor a production package to your specific needs. For more information email us at stan@akkerins.com