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Author Topic: Theater insurance Randy Stankey Film God Posts: 6539 From: Erie, Pennsylvania Registered: Jun 99 posted 06-02-2016 03:00 AM                     It sounds like a similar situation to that $24,000,000 book from Amazon. (i.e. Algorithmic pricing where no human is monitoring the actual price.)  |  IP: Logged Andrew Thomas Master Film Handler Posts: 273 From: Pearland, TX, USA Registered: Jun 2012 posted 06-02-2016 03:55 AM                     I just got the general liability insurance quote for my new 8 screen dine-in location. Just the booze rider is more than either my 4-plex or my drive in. Jeez.  |  IP: Logged David Buckley Jedi Master Film Handler Posts: 525 From: Oxford, N. Canterbury, New Zealand Registered: Aug 2004 posted 06-02-2016 07:28 PM                        We've just changed our insurance supplier, saving a big chunk of premium in the process, our new policy, which is a "standard" policy, has some odd mandatory inclusions and exclusions, one of the odd inclusions being that we are covered for up to $50K repairs to our water craft...  |  IP: Logged Ron Funderburg Jedi Master Film Handler Posts: 814 From: Chickasha, Oklahoma, USA Registered: Nov 2007 posted 07-02-2016 01:37 PM                        Insurance, what a pain in the … Yeah, you must have it, required by law. You seldom use it; on little stuff it is just easier to buy what you need avoid filling a claim. But when you really need it you better have it.  |  IP: Logged Frank Cox Film God Posts: 2234 From: Melville Saskatchewan Canada Registered: Apr 2011 posted 07-02-2016 03:06 PM                        As far as I know, insurance isn't actually required by law except in the case of vehicles that you drive on public roads. Most mortgage issuers require that you have insurance in place that names them as the beneficiary.  |  IP: Logged Ron Funderburg Jedi Master Film Handler Posts: 814 From: Chickasha, Oklahoma, USA Registered: Nov 2007 posted 07-02-2016 03:14 PM                        Some states require liability insurance, slip fall. Every state requires workman's comp  |  IP: Logged Christopher Lani Film Handler Posts: 62 From: Ely, Nevada, USA Registered: Nov 2013 posted 08-01-2016 11:43 PM                        Sooooo. We are still looking for anyone that does insurance for theaters at a reasonable rate. Any actual names or ideas? I am looking into the Cooperators.  |  IP: Logged Frank Cox Film God Posts: 2234 From: Melville Saskatchewan Canada Registered: Apr 2011 posted 10-17-2016 05:23 PM                        So I got my insurance bill this year from The Cooperators and it had increased by 7.2% over last year. Humph. I think that once these outfits figure they have you on the hook they then start jacking up the rate. I went to the other insurance agent in town where I used to get my insurance and asked him for a quote. And then I went to The Cooperators office and complained. The Cooperators agreed to put the rate back to what it was last year, so I got several hundred dollars off on that bill by going to their office and whining. I told her that I had put my insurance out for bid again so I would get back to her after getting the other bid. I just got the other quote a few minutes ago and it is almost exactly DOUBLE what The Cooperators billed me for! Leapin' lizards! I'll be going back to The Cooperators office to pay them shortly.  |  IP: Logged Mike Blakesley Film God Posts: 12767 From: Forsyth, Montana Registered: Jun 99 posted 10-19-2016 12:51 AM                        We've been with the same insurance agent since about 1987 or so, but have been insured by several different companies. Our agent works with various companies so they shop around for the best rates. I've only had a small handful of random claims over the past 30 years (hail damage to the roof, a screen damaged by a patron, and a lady slipped'n'fell on ice out front) and never a problem with a claim. The best was, when our server went down a couple of years ago, our technician said there was a high probability that it was due to an electrical storm we'd had on the night of the problem. I happened to run into the insurance agent at the bank the next day and told her we were closed for a few days due to an equipment problem...she asked me what had happened and after I told her, she informed me that we had an equipment-damage clause on our policy that would probably cover the server. I didn't even know we had that, but it paid for 90% of our new equipment. So needless to say, I'm a customer for life at that agency, plus it's just another thing that shows it's good to do business locally.  |  IP: Logged

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