Unattended Vehicle Exclusion Endorsement: A Crucial Aspect of Film Insurance for Producers and Rental Houses

Unattended Vehicle Exclusion EndT.

A Crucial Aspect of Film Insurance for Producers and Rental Houses.

As a film producer, it's important to ensure that your production is properly insured to protect your assets and minimize your liability. One aspect of film insurance that many producers may overlook is the unattended vehicle exclusion endorsement. In this blog post, we'll explore what the unattended vehicle exclusion endorsement means, and why more rental houses that rent equipment to film sets require that this endorsement is removed.

What is the Unattended Vehicle Exclusion Endorsement?

The unattended vehicle exclusion endorsement is a common exclusion in many film insurance policies. This endorsement states that the policy does not cover loss or damage to any equipment left in a vehicle that is left unattended, even if it is within the vicinity of the production set.

Why Do Rental Houses Require the Unattended Vehicle Exclusion to be Removed?

Many rental houses that rent equipment to film sets require the unattended vehicle exclusion endorsement to be removed from the film insurance policy. The reason for this is simple: rental houses are often liable for damage or loss to their equipment, even if it occurs on a film set. By requiring the unattended vehicle exclusion to be removed, rental houses can ensure that their equipment is covered by the production company's insurance policy, even if it is stolen or damaged while unattended.

In addition, many rental houses require proof of insurance that covers their equipment, even when it is not in use. This means that the production company must have insurance that covers the rental equipment, even when it is left unattended. By removing the unattended vehicle exclusion endorsement, the production company can ensure that they have the coverage needed to satisfy the rental house's insurance requirements.

What Can Producers Do to Ensure Proper Coverage?

To ensure proper coverage and compliance with rental house requirements, producers should carefully review their film insurance policies to ensure that the unattended vehicle exclusion endorsement has been removed. Producers should also confirm with rental houses what type of insurance is required for their equipment and ensure that their policy provides adequate coverage.

In addition, producers should take steps to minimize the risk of theft or damage to rental equipment while on set. This includes ensuring that equipment is properly secured and stored when not in use, and taking precautions to prevent theft or damage, such as hiring security personnel.

In conclusion, the unattended vehicle exclusion endorsement is a common exclusion in film insurance policies that can leave production companies liable for loss or damage to equipment that are left unattended. By removing this endorsement and taking steps to minimize the risk of theft or damage, producers can ensure proper coverage and compliance with rental house requirements.

Film Insurance & Unattended Vehicle Exclusion

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

Whenever permitted, we can remove this exclusion from your policy because the carrier will not pay for loss or damage resulting from theft in any unattended vehicle, unless at the time of the theft its windows, doors and compartments were closed and locked and there were visible signs that the theft was the result of forced entry. Always remember to have a police report in case of a theft with or without signs of a break-in.

Most of the short term film insurance policies have the unattended vehicle endorsement on their policy. It is possible to remove the endorsement from the policy by providing the carrier with your inventory list, resume of the producer, location where equipment will be stored, security in place, and the rental agreement copy from the rental house that requires the unattended vehicle endorsement to be removed. Most of the annual insurance carriers will have the unattended vehicle endorsement already removed, but you will need to check with your insurance agent as carriers policies tend to change every year.

An increasing number of rental houses are requesting that clients’ insurance coverages have the unattended vehicle exclusion removed before they 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, you could be left holding the bag for the entire cost of any stolen equipment. Having proper coverage is the 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 guide you through the specific types of coverages and tailor a production package to your specific needs. For more information email us at stan@akkerins.com

Unattended Vehicle Exclusion - Film Insurance

As production start back up make sure your Production Insurance policy or Film Insurance Policy has the Unattended Vehicle Exclusion removed see the reason why more and more Rental houses are asking for this exclusion to be removed.