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| Weather Insurance |
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Multimedia Risk has access to the most competitive insurance markets writing weather insurance today. This guarantees we can find you the most complete coverage and the most competitive price.
Why Weather Insurance?
Mitigating the weather risks associated with a film production or one day commercial shoots can be crucial in not running over budget and preventing significant losses.
Weather insurance fills a gap by providing coverage when weather causes a loss in income or increase in expenses, but with no attendant physical damage.
Remember standard film insurance typically covers income losses only when they result from direct physical damage to insured property by a covered peril. Losses from weather (extra expense & delays) are not covered under standard entertainment insurance.
Sometimes contingent plans are more cost effective than weather insurance; rather than to invest in weather insurance, we recently advised a client simply to hire equipment to spray down all the streets and sidewalks for a car chase scene anticipated to require many days of shooting to ensure continuity in case of a change in weather.
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