Re: Sony FS7 (Recording Issue)

Derek wiesehahn
 

Hi Brian,
In my experience it’s fairly standard for corporations to expect you to provide liability if they are sub contracting you to provide crew and equipment. Liability policies are also generally required by management in order to shoot in the larger office buildings within NYC. Sometimes I’ve also been asked about workers comp.
You may want to look into Next Insurance, As I remember, my production policy was less than $1000 for the year and covers equipment loss as well. 

Derek Wiesehahn
DOP
NYC



On Jun 6, 2018, at 9:05 AM, Brian Wengrofsky via Cml.News <rooster=bway.net@...> wrote:

Hi all,

Business related question here.

I've recently opened up a relationship with a new division of a media company where I'm providing crew and equipment through my company.  Now they want me to provide liability insurance as well.  As per our agreement, I sent an invoice for advance payment of 50% of the budget to be able to cover these types of upfront costs (liability in NYC for a shoot like this is currently around US$450/day).  With the terms they have me on, it looks like I will not be paid for my "advance" until after the shoot.  The producer is telling me it is absolutely standard for vendors to cover upfront expenses like this (in this case totaling over $1000), and if I can't provide, he will go to someone who can.

I'd consider paying the annual insurance fee ($2000) and sell it back to them, but they're the only ones asking me for liability right now, and of course they are making no promises as to the volume of work.

While I have some years of prior experience with another side of this company, and have full confidence they will (eventually) make good on the invoice, can anyone advise if this is indeed standard, or perhaps how you're solving this issue on your end?  

This year, I discovered equipment rental houses are also asking for liability, which is new to me, so perhaps I will have to pay at least the insurance in any case.  Fronting substantial expenses seems another matter entirely though. 

-- 
Brian Wengrofsky
Director of Photography
New York City

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