Is Party-Girl Lindsay Lohan Too Much of a Risk?

July 27th, 2007 in Actors, Gossip, Movie News

That is the question that many filmmakers now, and for the foreseeable future, will be asking themselves. With her frequent run-ins with the law, and notoriously sub-par work ethics, insuring Lindsay Lohan will cost studios significantly more than it has in the past. While underwriters assure us that no star is “uninsurable”, insuring a high-risk star comes with a high price, and if the studios begin to decide that she’s not worth the risk or extra cost, she could quickly fall from the top of the Hollywood A-list.

It hasn’t yet been revealed whether Lohan’s latest brush with the law will affect her role in Poor Things, a film produced by and starring Shirley MacLaine. While Lohan was in rehab, MacLaine and the Poor Things crew decided to stick by her and offer their support while she got better. But will having been arrested for drunk driving and cocaine possession just days after getting out of rehab change their minds? I think there’s a very good chance, considering they already took one chance by putting the movie on hold for her and her problems while she was in rehab. A statement is expected to be made next week…

While stars with problems aren’t anything new, the issue has gotten more attention in recent years with the sharp increase in popularity of celebrity gossip magazines and websites, and high-profile stars with problems, such as Britney Spears and Paris Hilton, getting caught by paparazzi.

Wendy Diaz, an underwriting director at Fireman’s Fund Insurance Co. said she doesn’t think a troubled star is any more of an issue now that it was in the past, but did say that the terms for covering Lohan would be “serious at this point.”

In the case of Fireman’s Fund, Diaz said they would most likely put in higher deductibles, or if it was really serious, ask her to put her salary in escrow to pay for any losses if production was disrupted in any way.

The insurance rates for problematic actors and actresses usually range from 1% to 3% of a movie’s budget, which can range from $5 to $100+ million.

If Lindsay hopes to salvage her career and stay in the movie studios’ and public’s good graces, it’s time to quit the hard-partying and clean up her act.

Popularity: 1% [?]

Stumble it! / Bookmark: