Craig Chartier |
January 30th, 2007 06:17 PM |
BE CAREFUL of companies that say they will "co produce" your feature, allowing you to be covered by their production insurance. Keep in mind that only a licenced underwriter can broker an insurance policy. Only the insured listed on the policy is covered. and ONLY the insured listed can sign off on any rental contracts. Usually these "co-producers" will want you to pay X amount of dollars. and you must cover a deductable larger than their plan actually has listed. usually several thousand dollars. This type of co production is not enforceable, and the company writng the policy will not payout on the policy. leaving you at the mercy of the lawyers that the rental company chooses to unleash on you. This scam works as long as nothing is ever lost,stolen, or broken during production.
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