MOVIE VEHICLES

All other trucks not mentioned above.
Post Reply
RANGER
1st Sergeant
1st Sergeant
Posts: 6510
Joined: Sat Jul 01, 2006 6:29 pm
Location: Nearest Motor Pool

MOVIE VEHICLES

Post by RANGER »

Beware, your antique vehicle insurance may be void when renting your beast out for movies and advertising.
US ARMY HONOR GRADUATE MECHANIC, Restorer of fine Jeeps, MV's, MVPA 40+yrs, DAV, Army Aircrew member, Donor to Military Museums & CAF, MV Hobby since 1945
Other Hobby- Army Air Force & Busting Big Ass Military Imposters-Good at it
User avatar
DM Carpenter
Technician 3rd Grade
Technician 3rd Grade
Posts: 381
Joined: Sat Mar 29, 2008 10:22 pm
Location: Denver, NC
Contact:

Re: MOVIE VEHICLES

Post by DM Carpenter »

Any personal auto policy may be void if the vehicle is used for a commercial purpose. It is always best to discuss w/ your agent before doing so, and like reading the manual, READ the POLICY.
1943 GPW 93517 "Basketcase"
1945 WC-52
1953 M-38A1 USAF then USMC
1965 D-100
BB-55 USS North Carolina LHC
..._
RANGER
1st Sergeant
1st Sergeant
Posts: 6510
Joined: Sat Jul 01, 2006 6:29 pm
Location: Nearest Motor Pool

Re: MOVIE VEHICLES

Post by RANGER »

Lawsuits are big business, imagine if the owner just has minimal antique vehicle insurance on a $50.00 a year policy and has an accident causinf substantial property damage and personal injury. There goes your life savings and worldly goods in a lawsuit. Getting hit by an Army Truck is not just a "love tap".
Renting out a vehicle sort of goes beyond the scope of parades and car shows. I may get criticized for low MV mileage, but I sleep good at night.
US ARMY HONOR GRADUATE MECHANIC, Restorer of fine Jeeps, MV's, MVPA 40+yrs, DAV, Army Aircrew member, Donor to Military Museums & CAF, MV Hobby since 1945
Other Hobby- Army Air Force & Busting Big Ass Military Imposters-Good at it
mjsheff
Technician 5th Grade
Technician 5th Grade
Posts: 19
Joined: Thu Jul 10, 2008 8:33 pm
Location: Denver, CO

Re: MOVIE VEHICLES

Post by mjsheff »

As a former insurance defense lawyer, a simple solution is to purchase an umbrella policy which will cover over and above your current policy limits. You can get a $1,000,000 umbrella policy for a couple of hundred dollars a year and sleep well at night. Of course, read the policy and be upfront with your umbrella policy carrier about your vehicles and how you use the vehicles. That way you are covered if your vehicle causes injury or damage at a parade or show.

If you want to rent your vehicles out to movie production companies, then create a company (in most states it is cheap and simple to create a Limited Liability Company online at the Secretary of State, $50 in Colorado) and make your MV an asset of the company. Of course, this may drive your MV insurance costs up but compensation from the movie company can cover that cost. Also, require the movie production company to sign a contract indemnifying you for any damage incurred.

There is always a way to accomplish the task at hand and protect your assets in the process. :D

Matt
____________________________________
1943 T24/M29 Weasel (Serial #1427)
1942 Dodge WC-21
____________________________________________
Matt
1942 Dodge WC-21, Serial #81504052
1941 Ford-Darley Class 500 Fire Truck, Serial #1331
____________________________________________
Ken J
Technical Sergeant
Technical Sergeant
Posts: 1611
Joined: Sat Apr 01, 2006 4:59 am
My garage: 1941 Dodge WC-43 Telephone Installation (replica)
194? K-38 Telephone Tool Trailer
194? Ben Hur Trailer
1968 Kaiser Jeep M35A2 with winch
Location: Southern California

Re: MOVIE VEHICLES

Post by Ken J »

Thanks Matt!
Post Reply