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Front Row's online workplace insurance policy for casting agencies.
Being 100% online confers many benefits, including:
- Time savings: quote and buy office insurance in just ~5 minutes on your phone, tablet or laptop.
- Dollar savings: no underwriter means the cost to provide a policy for your office is more cost efficient, allowing us to pass the savings onto you in the form of a less expensive policy.
- No need to discuss, print, sign, scan or fax anything.
- More environmentally friendly (paperless).
What is business insurance, exactly?
Business insurance (or office insurance / workplace insurance) allows agency owners to know that their business is protected if they ever suffer a covered loss. Owners of casting and talent agencies should be aware that when they rent office space to conduct business, they open themselves up to a variety of risks.
The cost to transfer that risk to insurance is low compared to the expense of an actual office: theft, fire, client slip & fall.
Let's look at some examples of casting and talent agency issues:
Talent agency computer theft
In 2018, thieves broke into a well-known actor's talent agency and stole three Apple computers.
Under Front Row's workplace insurance policy, all office equipment would have full replacement cost coverage – up to the policy limit – for theft, damage, fire.
Crime coverage can be added onto any office insurance policy. This coverage extends to crime losses that are not insured under the basic office policy. Briefly described, commercial crime insurance covers: money, securities and other property against a variety of criminal acts, such as employee theft, robbery, forgery, and computer fraud.
Casting/talent agency fire
An example of an office insurance claim that could happen at a casting or talent agency would be if a fire broke out in the agency's building, causing damage to the office space and equipment.
Front Row’s workplace insurance policy includes Tenants Legal Liability (TLL), which covers you (the insured) for legal liability in cases where the tenant causes damage to the rented property. If you rent a portion of an office in a building and you have a fire, then your TLL will cover the damages to the area you occupy.
Casting/talent agency actor injury
If an actor visiting your casting agency trips and falls over an electrical cord on the floor, for example, and injures themselves, they may sue your agency for compensation.
Front Row’s workplace insurance policy includes Commercial General Liability, which is coverage designed to protect against all sums that the insured shall become legally obligated to pay for bodily injury, property damage or personal injury to third parties arising out of your business operations. It includes the cost of a lawyer to defend you.
How can workplace insurance/office insurance help talent agencies?
Protect your equipment: What if your agency computers and office supplies are stolen or damaged in some way, such as in a fire? Under Front Row's office insurance policy, all your office equipment has full replacement cost coverage for theft, damage, and fire.
Protect your agency in case of a lawsuit: Commercial General Liability coverage is designed to protect against sums that you may become obligated to pay for bodily injury or property damage to third parties arising out of your business operations.
Obtain a fast online quote and buy a policy online in just ~5 minutes, 24/7:
About: Front Row Insurance Brokers Inc. is an independent insurance broker that provides online workplace insurance for a very low cost, available to quote and buy online 24/7 in just 5 minutes. Should a claim occur, Front Row works diligently with clients and insurers to expedite payment of claims. Front Row has offices in Vancouver, Toronto, Montreal, Calgary and Halifax.
Related:
Citations:
https://heysocal.com/2022/09/02/talent-agency-settles-breach-theft-lawsuit-against-ex-employee/ https://observer.com/2018/03/innovative-artists-data-breach-equifax/
DISCLAIMER: Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify or supplement any insurance policy. Consult the actual policy or your broker for details regarding terms, conditions, coverage, exclusions, products, services and programs which may be available to you. Your eligibility for particular products and services is subject to the final determination of underwriting qualifications and acceptance by the insurance underwriting company providing such products or services. This website does not make any representations that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether coverage exists or does not exist for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording.