I have a very small LLC video production company. We provide video and editing for all sorts of venues and occasions. Weddings to Real Estate shoots. We already pay out the "rear end" for insurance liability. Its a $3,000,000 liability plan that also covers our drone services. Our primary source of revenue comes from ground based overnight news stringing though. I personally string 3 nights a week, and is our biggest money maker and source of relied income.

Today my underwriter called to say that the insurance company is mandating we add Error and Omission coverage. That alone will cost another $150+ a month. Apparently they are concerned with the fact that my footage airs on national and local television. The example they used was: if a person was aired on the news from footage of ours, and were portrayed in a false light by error, my company would be named in the lawsuit along with the news station.

This seem a bit asinine to me. Doesn’t the news station assume sole liability for what THEY broadcast? Typically its THEM who do the fact checking prior to airing it. Have you heard of this requirement before?:eek: