Dewitt Stern Group, Inc
Owned/Rented Equipment Program
Dewitt Stern Group, Inc. is pleased to announce the establishment of a program for owned or rented equipment exclusive to the IDA. These insurance programs are designed to provide IDA members with quality coverage at price advantaged premiums.
Is your Equipment Insurance needs being met?
Frequently Asked Questions concerning Owned & Rented Equipment.
Why is Equipment insurance so important?
A: As you know the most important element to filmmaking is the equipment. A filmmaker will need to provide evidence of coverage to a vendor when renting equipment. What is usually required is a certificate of insurance. In addition, many filmmakers own their own equipment which could get lost or stolen while on a shoot.
Q: What does Equipment insurance cover?
A: Equipment insurance provides for property that moves from location to location from the perils of:
· Lost or Stolen
· Damaged Equipment
If every policy covers the same items, why should I consider this program offered by DeWitt Stern Group?
A: This equipment insurance program provides:
· Coverage for both owned and/or rented equipment for up to a limit of $250,000 for each.
· Policies can be placed annually or short term.
· The deductibles range from $500 to $2,500.
In addition this program will provide free access to experienced entertainment insurance specialists, loss control experts, and legal consultants.
Q: How do I gain access to this Association Program?
A: This equipment program was designed exclusively by DeWitt Stern Group and is unavailable in the current insurance marketplace. Association members will need to complete an Equipment Floater application available on the Association website. In addition to the signed application, DSG will require a complete schedule of equipment. Once received, the information will be submitted for review and quotation will be generated.
Q: What are the required elements to bind a quotation?
· Signed Equipment floater application
· Schedule of equipment including serial numbers and replacement values. (Please remember to include sales tax into your replacement values)
Q: How soon can I expect a quotation?
A: With the completed application and all required elements submitted, the quotation process should take 1 to 2 business days.
Download Equipment Floater
For more information please contact:
Winnie Wong
818-623-5404 phone no.
818-623-5504 fax no.
wwong@dewittstern.com
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