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How Much Does Errors and Omissions (E&O) Insurance Cost?

While every project and policy are different, ballpark premium pricing for short term production insurance starts at $450.00 (commercial general liability of $1,000,000 policy limit).  Higher limits, additional coverages and longer term annual coverages are also available.  Please note each production application is separately quotes and priced.  Although we do our best to give you the cheapest rate possible, we also want to give you the best policy available.  Film Emporium’s brokerage team contacts all markets on your behalf to provide the lowest priced movie production insurance premium and best coverage option for your project.

Program Options

While every project and policy are different, ballpark premium pricing for short term production insurance starts at $450.00 (commercial general liability of $1,000,000 policy limit).  Higher limits, additional coverages and longer term annual coverages are also available.  Please note each production application is separately quotes and priced.  Although we do our best to give you the cheapest rate possible, we also want to give you the best policy available.  Film Emporium’s brokerage team contacts all markets on your behalf to provide the lowest priced movie production insurance premium and best coverage option for your project.

While every project and policy are different, ballpark pricing for producers E&O premiums start at $2000.00 for a $1,000,000 limit per occurrence and in the aggregate with a deductible of $10,000 per occurrence for video on demand, DVD-type non-theatrical distribution.  Higher limits and deductibles, as well as theatrical distribution policies, are available.  Please note each E&O application is separately underwritten and priced primarily based on production budget, clearances being in place, and subject matter, as well as the type of distribution.  Although we do our best to give you the cheapest rate possible, we also want to give you the best policy available.  Film Emporium’s brokerage team contacts all markets on your behalf to provide the lowest priced E&O insurance premium and best coverage options for your project.

Errors & Omissions (E&O) Insurance

Occurrence-Basis E&O Policy: An Occurrence basis policy affords coverage in perpetuity to claims arising from scheduled titles that incur covered claims from the scheduled title that meet the policy criteria for a trigger or an acceptable occurrence. Typical occurrences for these types of claims, depending on the actual policy terms, may include the sale, distribution or broadcast of the Scheduled Title. 

 

Claims Made E&O Policy: has provisions that dictate that the claim must be made during the policy period. Although this may translate into a slight premium savings, this policy type requires that the policy is renewed or remains in force for multiple years for coverage to apply. 

In most cases, if an occurrence policy form is available, it may serve your needs best.

 

Click to read "Occurrence Form Gives Eternity of Coverage" article from National Underwriter.

Disclaimers

The content displayed on this website is for informational purposes only and is not an offer of insurance.  The purpose of the provided information is to assist in the general understanding of available coverage and does not modify the terms and conditions of any insurance policy, nor does it imply that any claim is covered.  Coverage is subject to underwriting approval and the referenced coverage on this website may not be available in all territories and may vary depending on exposure. Coverage is also subject to minimum premiums that may vary by state.

 

Read Definitions of Insurance for more details.  

 

Insurance Companies

* A Rated Insurance Companies by AM Best

The available policy types are as follows: