Do I Need Indie Film Producer Errors and Omissions Insurance?
Errors & Omissions Insurance (E & O) acts like a shield to help protect indie film producers from a lawsuits dealing with copyright infringement, using music without proper permission, chain of title issues and a lot of other lawsuits that can come up when distributing a movie.
Without E & O insurance most film distribution companies will not release a movie through retailers. It’s a necessary cost of doing business with a majority of distributors, even at the independent film level.
There are indie film producers that already have E & O insurance in place before shopping their movie to distributors. When they finalize their distribution agreement they submit a copy of the original certificate of insurance to the distributor adding the distribution company as an additional insured on the policy. Indie film producers that