INSURANCE REQUIREMENTS
|
WE REQUIRE A CERTIFICATE OF COVERAGE, ISSUED BY YOUR AGENT ON A STANDARD ACORD FORM, NAMING CITATION SUPPORT, INC., AS LOSS PAYEE FOR EQUIPMENT COVERAGE AND ADDITIONALLY INSURED ON THE COMMERCIAL GENERAL LIABILITY COVERAGE. THIS CERTIFICATE MUST SHOW RENTED EQUIPMENT COVERAGE OF AT LEAST $500,000 (PREMISES, TRANSIT, UNNAMED LOCATIONS, WORLDWIDE, REPLACEMENT COST), THIRD PARTY PROPERTY DAMAGE LIABILITY OF $250,000., COMMERCIAL GENERAL LIABILITY OF $1,000,000 EACH FOR GENERAL AGGREGATE, PRODUCTS AND COMPLETED OPERATIONS AGGREGATE, PERSONAL INJURY / ADVERTISING INJURY AND LIMIT EACH OCCURRENCE. ALSO REQUIRED IS EVIDENCE SHOWING WORKERS COMPENSATION AND EMPLOYEES LIABILITY. IF A VEHICLE IS ALSO BEING RENTED, PHYSICAL DAMAGE FOR THE VEHICLE RENTED WITH $125,000 PER VEHICLE LIMIT AS WELL AS NON-OWNED AND HIRED AUTOMOBILE LIABILITY WITH A $1,000,000 LIMIT MUST BE SHOWN. PLEASE REQUEST THAT YOUR AGENT FAX A COPY OF YOUR COVERAGE TO MIKE HOLZMERS ATTENTION AT OUR FAX# 615-298-3835 AND SEND THE ORIGINAL VIA US MAIL TO CITATION SUPPORT INC. 6737 CENTENNIAL BOULEVARD NASHVILLE, TN 37209. A CURRENT POLICY MUST BE ON FILE IN OUR OFFICE BEFORE ANY EQUIPMENT LEAVES THE PREMISES. IT IS IMPORTANT TO UNDERSTAND THAT YOUR FURNISHING A CERTIFICATE OF INSURANCE MAY NOT FULFILL ALL YOUR OBLIGATIONS UNDER THE RENTAL AGREEMENT. THE LIMIT OF INSURANCE COVERAGE FOR EQUIPMENT IS ISSUED ON A PER OCCURRENCE BASIS, NOT A SEPARATE LIMIT FOR ALL RENTAL COMPANIES INVOLVED IN A PRODUCTION. THEREFORE IT IS ESSENTIAL THAT THE LIMIT FOR EQUIPMENT COVERAGE EQUAL THE TOTAL VALUE OF ALL EQUIPMENT USED ON A JOB. IF YOUR LIMIT OF INSURANCE IS INADEQUATE TO COVER THE LOSS , YOU WILL BE RESPONSIBLE FOR THE DIFFERENCE BETWEEN THE AMOUNT OF INSURANCE AND THE ACTUAL LOSS. IT IS IN BOTH YOUR INTEREST, AS WELL AS OUR INTEREST, THAT ADEQUATE INSURANCE LIMITS ARE MAINTAINED. WE APPRECIATE YOU TAKING THE TIME TO SEE TO THIS MATTER. WE UNDERSTAND THAT INSURANCE IS CONFUSING, SO IT MAY BE HELPFUL TO FORWARD THIS LETTER TO YOUR AGENT SO THAT THEY WILL KNOW OF ALL COVERAGES REQUIRED AND BE ABLE TO SEND US THE PROPER DOCUMENTATION. |
Citation
Film/Tape Support, Inc.
6737 Centennial Boulevard
Nashville, TN 37209
Voice - 615.298.5252 Fax - 615.298.3835