Business Insurance in Canada at DVinfo.net

Go Back   DV Info Net > Special Interest Areas > Wedding / Event Videography Techniques

Wedding / Event Videography Techniques
Shooting non-repeatable events: weddings, recitals, plays, performances...


Reply
 
Thread Tools Search this Thread
Old January 21st, 2010, 10:46 AM   #1
Regular Crew
 
Join Date: Oct 2006
Location: Windsor, Ontario
Posts: 35
Business Insurance in Canada

I wanted to ask this question in a new thread since we have a bit different insurance situation in Canada than our neighbours down south. No access to group insurance through WEVA for example.

We can add a rider for equipment to home ins. but what about liability and specifically omissions, etc?

Can you write off 100% of extra premium cost for the equipment when added to home ins.?
Andrew Jezierski is offline   Reply With Quote
Old January 25th, 2010, 02:57 PM   #2
Regular Crew
 
Join Date: Sep 2008
Location: Port Coquitlam, BC
Posts: 28
I'm not a tax professional so my standard disclaimer is to seek a professional opinion and my post is for discussion purposes only.

You can write off any additional costs on your home insurance that are business related. You might even be able to write off a portion of your home insurance but that will depend on your policy and I would ask your accountant.

I use a PPOC policy (Professional Photographers Association of Canada) from Cooks ISI, underwritten by Lombard. Cost is $1,025 per year w/ $35,000 of coverage, including rental, offsite, courier, business income, & General Liability. E&O is available only to PPOC members.

I think the agent is different in Ontario (mine is in SK) so visit the PPOC website for your province and start from there.
Shawn Lam is offline   Reply With Quote
Old January 25th, 2010, 10:27 PM   #3
Regular Crew
 
Join Date: Oct 2006
Location: Windsor, Ontario
Posts: 35
Thanks, Shawn, for the info. I'll look them up.
Andrew Jezierski is offline   Reply With Quote
Old January 26th, 2010, 02:57 PM   #4
Major Player
 
Join Date: Feb 2005
Location: Thunder Bay, ON. Canada
Posts: 374
Hi Andrew,
We have a specific policy for videographers and pay about $700per year. We have coverage for almost everything which covers equipment in home and at the studio. Right now it is replacement cost up to $25,000. Give Jeff Jones an email at Jones & Associates Insurance and tell him I sent you and he can perhaps quote you or give you direction. Great coverage for the price.

JB
Jason Bowers is offline   Reply With Quote
Old January 28th, 2010, 02:55 PM   #5
Major Player
 
Join Date: Jan 2004
Location: Kelowna, BC [Canada, Eh!]
Posts: 257
Anyone use any outfits out of Alberta? For some reason Alberta always seems to have the lowest insurance rates in the country.

I just don't know who offers what.
Denny Lajeunesse is offline   Reply With Quote
Old January 29th, 2010, 10:05 AM   #6
Regular Crew
 
Join Date: Oct 2006
Location: Windsor, Ontario
Posts: 35
Thanks, Jason for the lead. I'll check him out.
Andrew Jezierski is offline   Reply With Quote
Old February 2nd, 2010, 09:52 PM   #7
Major Player
 
Join Date: Feb 2009
Location: Red Deer, Alberta
Posts: 215
Hey Denny. I live in Red Deer and I went to a broker. Ing and McKee insurance and they found someone to insure my stuff. For 25K of insurance it costs me about 2K a year. I think there is cheaper out there but I am having a hard time finding them.
__________________
Calvin Bellows
www.exposureproductions.ca
Calvin Bellows is offline   Reply With Quote
Old February 7th, 2010, 05:14 PM   #8
Major Player
 
Join Date: Jan 2004
Location: Kelowna, BC [Canada, Eh!]
Posts: 257
Is that insurance or a mortgage. o.0
Denny Lajeunesse is offline   Reply With Quote
Old February 24th, 2010, 12:10 AM   #9
Major Player
 
Join Date: Jun 2006
Location: Toronto Ontario Canada!
Posts: 353
Jason!

Just when I was about to sign the dotted line for insurance, you saved my a$$.

Thank you, I will be giving your guy a call =)

Quote:
Originally Posted by Jason Bowers View Post
Hi Andrew,
We have a specific policy for videographers and pay about $700per year. We have coverage for almost everything which covers equipment in home and at the studio. Right now it is replacement cost up to $25,000. Give Jeff Jones an email at Jones & Associates Insurance and tell him I sent you and he can perhaps quote you or give you direction. Great coverage for the price.

JB
__________________
dreaming hobbyist + storyteller
www.michaelywong.com
Michael Y Wong is offline   Reply With Quote
Old February 24th, 2010, 10:20 AM   #10
Major Player
 
Join Date: Feb 2005
Location: Thunder Bay, ON. Canada
Posts: 374
Mike,
Whatever I can do to help. One day I will come to you with a request, and you will do it and not ask any questions.
Jeff is on his honeymoom right now but definitely give him a call. The company is great and the coverage is awesome. Just add sewer backup, it is only $16yr but well worth it in case anything stupid happens.

JB
Jason Bowers is offline   Reply With Quote
Old February 24th, 2010, 11:35 AM   #11
Major Player
 
Join Date: Jun 2007
Location: Hamilton Ontario
Posts: 769
If you're working from home, could you just not add a rider to your existing policy??

The way insurance companies are run in Canada, unless you're ready to claim total loss and kidney failure, their deductables and later premiums aren't worth the claim....
Peter Manojlovic is offline   Reply With Quote
Old February 24th, 2010, 11:49 AM   #12
Major Player
 
Join Date: Feb 2005
Location: Thunder Bay, ON. Canada
Posts: 374
Hey Peter,
The deductible is only $500 and it covers so much more than contents. It covers location, equipment, damage, liability, theft, etc... Without business insurance you are really taking a risk.
Jason Bowers is offline   Reply
Reply

DV Info Net refers all where-to-buy and where-to-rent questions exclusively to these trusted full line dealers and rental houses...

Professional Video
(800) 833-4801
Portland, OR

B&H Photo Video
(866) 521-7381
New York, NY

Z.G.C.
(973) 335-4460
Mountain Lakes, NJ

Abel Cine Tech
(888) 700-4416
N.Y. NY & L.A. CA

Precision Camera
(800) 677-1023
Austin, TX

DV Info Net also encourages you to support local businesses and buy from an authorized dealer in your neighborhood.
  You are here: DV Info Net > Special Interest Areas > Wedding / Event Videography Techniques

Thread Tools Search this Thread
Search this Thread:

Advanced Search

 



Google
 

All times are GMT -6. The time now is 11:09 PM.


DV Info Net -- Real Names, Real People, Real Info!
1998-2017 The Digital Video Information Network