DICE PRODUCER INSURANCE
DICE is an abbreviation for: Documentaries, Industrial, Commercial, and Educational Films. Typically DICE Producers will have various projects throughout the year. We usually refer to these types of companies as DICE Producers but the public may refer to these as Production Companies.
However and whatever your production company does, be open and honest with your insurance broker so that it becomes their responsibility to do what’s right. If you plan on having hazardous activities or stunts in any of your productions take a look here for some additional considerations and capabilities. Within a DICE Insurance Policy (or D.I.C.E.) there are still very important coverage provisions that should be considered. These types of policies typically last 12 months and can be paid monthly (with a down payment) Talk to your agent about the best plan of attack for your entertainment business.
D.I.C.E Insurance Policies Explained
Documentary Insurance contemplates insurance for productions related to the capture of factual records or reports. Essentially it is factually programming and should not rely on interpretation and fiction.
Exceptions to consider when purchasing a DICE Producer Package
Insurance carriers may have strict guidelines regarding DICE Insurance policies.
- Some Entertainment Insurance Companies may not be able to offer insurance for documentaries, which would actually make the acronym ‘I.C.E.’
- Some Production Insurance Carriers will not allow certain budgets to be included under a DICE Program. That is, if you are a production company that has an average budget per production of $25,000 and then you have a production budget of over $500,000 for a single project, that could be problematic depending on the insurance company.
- Piggy-Backing : Assuming someone else’s insurance will cover your production could be a problem. If there are multiple entities involved in a production, it is a best practice to account for all entities in some fashion. Talk with your entertainment insurance broker about the best handle way to handle each situation.
Production activities that need special consideration
Talk with us about the below activities relating to your DICE Production Insurance Quote. We are happy to help provide guidance and consultation regarding your production operations.
Use of Animals
Movie Boats
Vehicle Chases
Fight Scenes
Vehicle Rentals
Stunts and Falls
3rd Party Property
Fire or Pyrotechnics
Highly Paid Cast/Crew
Significant Travel
Release Parties
Foreign Productions
Policies & Coverage considerations for a DICE Production Policy
Production liability insurance provides bodily injury and property damage coverage in the limits listed on the quote or policy. This coverage can activate if a 3rd party trips over your computer cord at the office, or you forget to shovel your businesses snowy walkway, and someone slips and gets hurt.
Exclusions to consider:
- Errors and Omissions or Distribution E and O
- Stunts & Hazardous Activities
- Auto Liability and Property Damage
- 3rd Party Property Damage
Additional Liability Related Coverages to consider :
- Increased General Liability Limits over $1,000,000
- Umbrella Liability or Commercial Excess Policies
- Sexual Abuse and Molestation Coverage
*Call or email us, we are happy to discuss more details about coverage specifics. Always consult your policy/quote for a full view of your coverage details.
If your production will be using any equipment, make sure you include inland marine coverage on your DICE Production Policy. Without this type of equipment or property insurance, there will be no coverage for any equipment damage, period.
Instances where Inland Insurance is needed:
- The production will be renting equipment.
- The production will be using an expensive, personally owned, digital video camera with no definitive insurance coverage.
*Call or email us, we are happy to discuss more details about coverage specifics. Always consult your policy/quote for a full view of your coverage details.
Types of Commercial Auto Insurance for DICE Producers:
- Hired and Non Owned Auto Insurance – Our founding member, Franklin B. Kelly would always make sure to discuss Commercial Automobile Liability with every business owner, even when the business doesn’t own a vehicle. Franklin B. was referring to a specific coverage known as Hired and Non Owned Automobile Liability. HNOA Insurance covers your business/your production in the event a non owned auto cause bodily injury or property damage to someone or something.
- example: The director gets to the location before realizing she left her glasses sitting on the air bnb’s coffee table. The director asks her assistant to run to her place and get the glass for her. On the way back from getting the glasses, the assistant rear ends another car. Hopefully it was a minor incident but if not, the production company could be held partially or fully liability for the damages incurred to the other vehicle.
- Hired Car Physical Damage Coverage – It is important you select this coverage along with HNOA if you plan on renting a vehicle for your production. Without these 2 valuable coverages, damage to the rented auto, or grip truck, will not be covered in addition to any liability arises from non owned vehicle use.
- Owned Vehicles – If your business or production company owns vehicles in the name of the business, you should have at least Symbol 7 on all lines of coverage on a commercial automobile insurance policy. Depending on the age of the vehicle of the value, you may consider removing coverage for comprehensive and collision related losses.
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