What the thread found

• Replacement value should be calculated as the full cost to purchase equivalent new equipment with the same capabilities, not the depreciated value of current gear.
• Replacement value for a specific modified sled should be based on the cost of a new equivalent professional model, and for an arm should be based on the cost of a new professional arm.
• Liability insurance protects against damage claims when working on sets where production may not provide full coverage, such as during practice sessions or when production contests their responsibility.
• Rental insurance typically covers the cost of renting replacement gear while owned equipment is being repaired or replaced after damage.
• Rental insurance may also cover borrowed or rented gear up to a specified amount, which is important since equipment rental sources typically require proof of insurance.

Depends on

• The specific insurance policy details and coverage limits are not fully detailed in the discussion.
• The response references a modified sled and specific arm model but does not provide current pricing information.
• The exact circumstances under which production would or would not provide coverage are not fully explored.
• This discussion is from 2009 and insurance policies may have changed since then.

Gear in this thread

G-70catalog

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