Rhodes Risk Advisors fully understands the unique insurance exposures that are involved with all aspects of film, TV and video productions. We will take special care to provide thorough coverage solutions that are designed to protect you from pre-production through finished product. Because every production is different, we will advise and help you implement the strategy that will provide the best protection for your project.
While E&O insurance is a common protection for service professionals such as accountants, real estate agents and contractors, it is a vital protection for TV and film producers. E&O protects an individual or company from financial loss due to legal action. It is typically required when a production company signs a distribution or broadcast contract. E&O insurance covers the costs of legal liability and defense against lawsuits alleging unauthorized use of titles, formats, ideas, plots and characters. It also covers the costs of lawsuits claiming plagiarism, breach of contract, unfair competition, piracy, invasion of privacy, slander, libel and defamation of character. E&O insurance is usually required when a film, television pilot, television series or documentary enters into a distribution agreement. Anyone involved in the creation and dissemination of creative property needs this type of insurance. Filmmakers and production companies must perform due diligence in order to get an E&O insurance policy. Every production is unique and requires a tailored E&O policy.