Do you need to cancel your event? It might be covered by insurance.

The fact is that many venues and providers do not grant refunds on deposits. Consider purchasing event cancellation insurance, which may pay you for lost deposits and other expenses if you have to cancel or postpone an event. And, even if you organise your event with the sole intention of making it happen, situations beyond your control may force you to cancel it.

For example, a major vendor or even the venue itself may declare bankruptcy, forcing you to cancel the event. Tornadoes, hurricanes, blizzards, and other severe weather might potentially force a cancellation. Also, if you or a member of your immediate family falls ill and needs to cancel at the last minute, you may be protected. This might involve communicable infections, such as COVID-19, being the cause of a cancellation.

Is alcohol being served at your event? Here's what you should know.

When it comes to providing alcohol at your event, there are several risk concerns to consider. Purchasing a host liquor liability insurance coverage provides an extra layer of protection in the case of an alcohol-related mishap that causes property damage or injury. For example, if a person is provided alcohol at your event and becomes inebriated, they may inadvertently hurt another attendee or even damage venue property. Because they were supplied alcohol at your event, you may be held liable for their acts. Host liquor liability insurance may cover the expenses of litigation, medical claims, and property damage resulting from the serving of alcohol at your event.

What kinds of events can special event insurance cover?

Regular events are generally eligible for coverage under your insurance, although exceptions may apply. Specific events, such as bachelorette and bachelor parties, are often omitted from coverage. Here are a few examples of events that may be covered under a special event policy:

When should you purchase insurance for your unique event?

Typically, you will want to purchase special event coverage after you start putting down deposits and paying for vendors, services, and event-related products. Also, the length of your event, whether a few hours or a few days, may effect your coverage requirements and timings, so keep that in mind as you begin your planning. Accidents may happen whether you are arranging an event at a venue or at your own home, and they can turn your day upside down. Any event, no matter how big or little, needs extensive planning and preparation. Special event insurance is one option to help protect your festivities and ensure coverage for any potential risks.

Are you planning on organising the event? Consider special event insurance. Please contact us to discuss your event and potential coverage choices.