Protecting High-value Equipment From Theft on New York Productions

Running a production company means managing cameras, lighting rigs, sound gear and editing suites, all of which carry serious value and serious risk. In New York, equipment theft is a real and recurring problem for film and TV productions. Entertainment and media insurance can be a critical investment for production companies, providing a structured way to cover their valuable assets and keep projects on track.

What Entertainment Insurance Typically Covers

A well-structured entertainment insurance package may require several types of business insurance policies. Specifically, New York production companies wanting to address theft-related risks may need to prioritize the following:

• Commercial property insurance can help pay to repair or replace cameras, lenses and other equipment if they’re stolen or damaged while at a company’s place of business.
• Inland marine insurance can extend your coverage beyond your own building and business premises, helping address losses occurring while at a filming location or in transit.
• Scheduled property coverage can provide additional financial protection for high-value items, such as cameras, drones and props.
• Business interruption insurance, also known as business income insurance, can help pay for ongoing expenses and lost revenue if a covered incident forces your production company to delay operations.

Smart Steps to Reduce Theft Risk in New York

Insurance works best alongside good risk management. Keep a detailed inventory with serial numbers, store equipment in secured facilities overnight and require signed checkout logs for gear assigned to crew members. Many insurers look favorably on documented security practices when evaluating your coverage, which could help you enjoy more affordable premiums.

Cover Your Production Company Before the Next Shoot

Contact KJE Insurance Services to review your coverage options as it pertains to theft risks and make sure your gear, projects and business interests have the financial protection they need.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.