Hi-- I am a videographer/editor for a foundation, whose equipment I use. However, they have recently inquired about having me use my own hpx on future shoots that they would "rent" from me. What are some basic terms and how much should I charge? For example, do I assume responsibility on each shoot? Should I charge hourly or per shoot? Etc. Any direction would be great. Thanks.
hpx170 rental
- Thread starter justin1
- Start date
Barry_Green
Moderator
Charge by the day, and look up at nearby rental houses what a camera like yours is going for. The HPX170 is a little older, but should fetch at least, wild guess, $200/day.
Quick googling finds pro hd rentals has it for $225/day, Abel Cine charges $200/day, LightsOn charges $225/day, EVS charges $250/day, Zacuto charges $200/day.
Quick googling finds pro hd rentals has it for $225/day, Abel Cine charges $200/day, LightsOn charges $225/day, EVS charges $250/day, Zacuto charges $200/day.
Barry_Green
Moderator
Well, responsibility for what -- if it gets damaged or stolen? You should have your own insurance policy in place, and since you're going to be the only one operating it, I'd assume that you'd be accepting any responsibility for what happens to it... if you want to be strictly technical about it, other rental houses would have the company provide a certificate of insurance that makes your company liable for any damages or theft. So you could ask that of your employer too, and be within your rights to do so; I'm just thinking that it starts to get a little bit iffy because if it's your gear that you and only you will be handling or operating, and it's your daytime fulltime employer, well, I dunno, seems to be a little bit biting-the-hand-that-feeds-you type of thing to press it that far. I'd make it easy on them, because heck, a $200/day bonus ain't bad, you'll pay off the HPX170 in full in, what, two weeks?
If you were renting it out to someone you didn't know, to be used by people you don't know, out of your control, then by all means insist on an insurance certificate. But since it's you owning it and operating it, I don't think you need to get that pedantic about it.
If you were renting it out to someone you didn't know, to be used by people you don't know, out of your control, then by all means insist on an insurance certificate. But since it's you owning it and operating it, I don't think you need to get that pedantic about it.
tumbleweed
Well-known member
Don't overlook that rental houses charge for everything. P2 cards are expensive. Also, tripod, any audio gear, sticks, etc. Treat your clients well, but don't let them take advantage either.
ProfessorU
Veteran
I just started a rental house in Milwaukee, and our single-day rate for the HPX170 with one 16GB P2 is $200.
I asked around facebook for a good insurance person and after a few false starts, found someone who could insure me as both a production company and rental house, and not bankrupt me, either. I still require insurance from anyone if I'm not on set, or I keep a hefty deposit until they come back.
I've been shooting/producing for 7 years and have only had one insurance claim. It was for stolen gear, and it turned out my insurance guy didn't give me good advice. I got a $200 check for $1500 in gear. Be sure to find an agent you trust, because good advice is worth more than anything you'll save on premiums.
I asked around facebook for a good insurance person and after a few false starts, found someone who could insure me as both a production company and rental house, and not bankrupt me, either. I still require insurance from anyone if I'm not on set, or I keep a hefty deposit until they come back.
I've been shooting/producing for 7 years and have only had one insurance claim. It was for stolen gear, and it turned out my insurance guy didn't give me good advice. I got a $200 check for $1500 in gear. Be sure to find an agent you trust, because good advice is worth more than anything you'll save on premiums.