In February a driver crashed her car through the wall of a theatre in Richmond, Indiana. The accident occurred just two and a half hours before a performance was scheduled to start. Luckily no one was injured in the accident. An old radiator pipe caught under the car and stopped it from travelling too far into the building itself.

There was no structural damage because the exterior wall that was hit contained mostly glass. But it took about three weeks to replace the window wall because the materials had to be custom ordered to the theatre's specific size. More restoration work must be done inside, including installing new carpet and new wall coverings to replace those that were damaged.

Payment for all of the repairs is being negotiated between the driver's insurance company and the theatre's insurance company.

-pal-item.com, March 1, 2012

This is just another example of how difficult it is to predict the types of accidents that can impact a theatre--no pun intended.

This is a follow-up to a story that we originally reported in the fall of 2011. An Oregon Shakespeare festival was forced to relocate when a cracked beam closed its performance venue. The festival recently received more than $2.6 million in insurance payouts for lost revenue sustained during last season's six-week closure of its theatre building.

The festival received approximately $300,000 for the cost of fixing the venue's beam, and another $2.3 million to cover lost revenue associated with the closure. The theater company is still negotiating for about $900,000 as reimbursement for costs sustained by the festival to move 31 performances to other venues.

-Ashland Daily Tidings, March 9, 2012 

For property insurance policies we are required to determine the "construction type" of the building where your business is based. The options typcially are: 

1. Frame

Primarily made with wood frames and joists

2. Joisted Masonry

Exterior walls are brick/ concrete/ stone but roof and floors are wood.

3. Light Non-Combustible

Exterior walls of light metal or other non-combustible material and with non-combustible floors and roofs

4. Masonry Non-Combustible

Exterior walls of masonry material and with non-combustible or slow burning floors and roofs

5. Modified Fire Resistive

Combustible materials have a fire-resistance rating less than two hours but not less than one hour

6. Fire Resistive

Combustible materials must have a fire-resistance rating of at least two hours 

We Are a Trusted Choice ® Agency

Trusted Choice^® agencies are insurance firms whose access to multiple companies and commitment to quality service enable us to offer our clients competitive pricing, a broad choice of products and unparalleled advocacy.
  

"You need an independent insurance agent"