All About Special Event Insurance

​Do you need to get a particular event insurance plan?  This is the question that will be answered through this post, so continue reading to see the benefits.

What are the Examples of Business Sponsor Events?

• Conferences
• Receptions
• Exhibitions
• Festivals

Business Event Hazards
As an event sponsor, it’s critical to protect yourself as mishap can happen at any time without you expecting at the event venue.  Hazards can occur at almost any type of special event. People can sue you when they get hurt while attending your event site. Property owners can quickly file a claim against you when one of your staff members damaged properties in the building.

Ideal Protection from Business Event Risks
Suits from injured event attendees can break the bank. To free yourself from the hassles and event risks, what you need is a special event insurance plan. This is ideal protection that you must have an event sponsor, especially if you haven’t purchased a general liability insurance policy yet.

What Special Event Insurance Covers

• An attendee slips and gets harmed during the event
• Company staff accidentally damages property during the event
• An event guest drinks too much liquor at the venue and harms other guests
• An attendee that sets fire on the event venue
• Costs following a need to terminate the event because of an uncontrollable circumstance

What are the Things not Covered by Event Insurance Plan?
Special events policies comply with standard ISO liability forms. However, there are some activities that the plan excludes. Examples of things not covered are the following:

• Aerial maneuvers, for example, ski jumping
• Pyrotechnics, such as fireworks
• Amusement devices and machines
• Trampolines
• Bungee jumping
• Activities involving firearms
• Rodeos

Good to know: Most venue owners will require a business event sponsor proof of liability insurance before their rent out the facility. This means you really need to have a special event insurance when you want your off-site retirement party for 200 guests to happen.

If you happen to have a separate liability insurance coverage, it’s better to consult your insurance agent to assess the type of event that you wish to facilitate.  Your existing plan may not cover such circumstances, for instance, liquor liability coverage.

Get the right protection from a trusted insurance provider. Buy the necessary event insurance plan if you’re planning to sponsor a gathering to promote commerce. This will guarantee you complete peace of mind.

At Roper Insurance Services, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (828) 697-6709 or Click Here to request a free quote.