SPECIALTY PROGRAM
Inland Marine and Equipment Insurance Program
Equipment protection for production companies, event coordinators, and rental businesses with coverage for owned, rented, and in-transit equipment.
Who This Program Is For
- Production equipment owners
- Event equipment rental companies
- AV and lighting companies
- Camera and grip rental houses
- Mobile production units
Eligible Operations
- Equipment ownership and rental operations
- Equipment in transit between locations
- Temporary storage at event sites
- Rented equipment from third parties
- Leased equipment programs
COVERAGE FOCUS
Key Exposures We Address
Equipment-dependent businesses face significant exposures from damage, theft, and loss of critical gear. Whether owned equipment, rented equipment, or equipment in transit, the financial impact of equipment loss extends beyond replacement cost to include business interruption and rental liability.
UNDERWRITING INSIGHT
Why Specialty Underwriting Matters
Standard property policies often exclude or limit coverage for equipment in transit, rented equipment, and mysterious disappearance. Specialty inland marine coverage addresses the specific needs of equipment-dependent operations with forms designed for production and event equipment.
OUR APPROACH
Why Work With Eventure
PROGRAM STRUCTURE
Program Highlights
Owned Equipment
Coverage for equipment you own including cameras, lighting, and audio gear.
Rental Floater
Coverage for rented equipment while in your care, custody, and control.
In-Transit Coverage
Protection for equipment while being transported between locations.
Mysterious Disappearance
Coverage for equipment that goes missing without proof of theft.
SUBMISSION PROCESS
How Submissions Are Reviewed
- 1Equipment schedule and valuation review
- 2Storage and security arrangement evaluation
- 3Transit methods and frequency assessment
- 4Rental agreement terms review
- 5Expedited review for scheduled equipment lists
COMPLIANCE SUPPORT
Certificates and Compliance
Certificates of insurance are issued to satisfy venue, landlord, and municipal requirements as a standard part of coverage. Our team understands the specific certificate requirements for this industry.
- Certificates for equipment rental agreements
- Location certificates for shoots and events
- Lender certificates for financed equipment
DOCUMENTATION
Documentation Typically Requested
REAL SCENARIOS
How Coverage Responds to Claims
Understanding how coverage works in practice through real claim examples (details modified for confidentiality).
Production truck broken into overnight at hotel, $120,000 in camera and lighting equipment stolen.
Coverage Response
Equipment coverage responded. Police report and detailed inventory with serial numbers supported claim. Full replacement value paid.
Key Takeaway
Detailed equipment inventories with serial numbers are essential for theft claims. Vehicle security limitations may apply.
Unexpected rain damaged sound equipment at outdoor event before crew could cover it.
Coverage Response
Coverage responded for equipment damage. Weather monitoring documentation was reviewed. Replacement costs covered.
Key Takeaway
Equipment at outdoor events requires weather contingency planning and proper protective measures.
Rented lens dropped on set, requiring full replacement. Rental house claimed full value.
Coverage Response
Rental floater responded. Rental agreement terms were reviewed. Replacement value paid to rental house.
Key Takeaway
Rental floater coverage is essential when using third-party equipment - standard policies don't cover rented gear.
CONTRACT REQUIREMENTS
Venue & Landlord Insurance Requirements
| Requirement | Typical Terms | Limits | Timeline |
|---|---|---|---|
| Equipment Rental Certificates | Rental houses require proof of rental floater coverage | Per rental agreement - typically replacement value | Before equipment pickup |
| Production Certificates | Productions may require equipment suppliers to provide certificates | Per production requirements | Before equipment delivery |
| Lender/Financier Certificates | Financed equipment requires loss payee certificates | Per financing agreement | At financing closing |
UNDERWRITING FLAGS
What Can Delay or Decline Coverage
No Equipment Inventory
Coverage requires equipment schedules with values. Missing inventories delay underwriting.
Inadequate Security
Poor storage security or vehicle storage practices may result in premium increases or coverage restrictions.
High Theft History
Pattern of theft claims indicates security issues. May require remediation or result in declination.
Outdated Valuations
Equipment schedules with outdated values need updating. Underinsured equipment creates coverage gaps.
TIMELINE
What to Expect After Submission
Initial Submission
Day 1Submit application with equipment schedule, storage details, and usage information.
Underwriting Review
1-3 DaysReview of equipment values, security arrangements, and rental practices.
Quote Delivery
2-5 DaysQuote provided with scheduled and blanket options. High-value equipment may need appraisals.
Binding Coverage
Same DayCoverage bound upon acceptance. Certificates available for rental houses and lenders.
COMMON QUESTIONS
Frequently Asked Questions
GET STARTED
Ready to Get a Quote?
Our specialty underwriting team reviews all equipment coverage submissions. Expedited review available for qualifying risks with complete documentation.