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Posted by Steve Guidry on 12/27/06 22:32
E & O is the kind of coverage I was referring to that has so many exceptions
so as to render our policy toothless. It seems like the insurance company
wants to collect premiums, but not really cover anything.
--
Steve Guidry
Video Works, Inc.
1.800.844.4404
www.videoworksinc.com
P.C. Ford" <meoh@mouse-potato.com> wrote in message
news:5rc5p2h0tgau59hj3qvqd2hlcqkduhr6kj@4ax.com...
> On Wed, 27 Dec 2006 15:10:37 GMT, "Steve Guidry"
> <steveguidry1@earthlink.net> wrote:
>
>>See my other post to this thread . . .
>>
>>Didn't you ask about this a year or so ago ?
>
> Don't think so. I've only been working on this project for a couple
> months. It is possible I may have asked about insurance for equipment
> protection....OK I think I did. This is more for the content of the
> film not protecting gear.
>>
>>It seems to me that a fundamental question for you to answer would be,
>>"Why
>>do I want to be involved with this project" ? Revenge ? Money ?
>>Idealistic altruism ?
>>
>>In my book, money would be the only valid reason, and for me to take a
>>project where the possibility of geting sued was high, there would have to
>>be enough money there to cover all the possible downside. Anything less
>>just doesn't make sense.
>
> Thanks very much for your input. Don't worry, I won't rely soley on
> newsgroup input soley to make decisions in this regard. I have a
> meeting with a local "Lawyers for the Arts" clinic. I assume I'll hire
> an attorney at some point after that.
>
> The IDA (International Documentary Association) also has insurance
> offered to members. It is "Errors and Omissions" coverage. I was under
> the impression that this is a kind of general business coverage but do
> not know.
>
> I am still poking around to get an idea of the scope of the doc....I
> will be in the research stage for a few months most likely.
>
> Thanks very much for your input, Steve. If anyone else has input, I'll
> be happy to listen. Especially brokers to talk to when the time comes.
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