Between the warmer weather blowing in and the world opening back up, many of us are preparing to host events and parties bigger than ever before. After all, we need to make up for that lost time during the pandemic! If you put off a big celebration such as a wedding or retirement party until after the pandemic, this year you’re probably ready to finalize those plans and get your invites out. Add some financial protection into these plans to make the best, stress-free night possible.
Accidents can happy anytime, anywhere. Common hazards at parties or events that we’ve covered include guests that slip and fall, property damages (both owned or rented), weather-related damages from wind gusts to rain, and even rowdy partygoers that cause issues as the night goes on. We sincerely hope nothing major happens at your event, but it’s always a good idea to get an insurance policy just in case.
If you’re a business owner, you probably already know that any event you sponsor must come with insurance. It’s likely you may currently have a general liability policy, and that may be all you need for your upcoming events. If not, Special Event Insurance is a must. If you’re renting a space, venue owners are not going finalize a contract with you without proof of insurance. Small business owners especially will have a tough time paying for accidents out of pocket, which makes this insurance crucial for those without a large amount of capital saved away just for what ifs. If your event will have alcohol, the priority for getting an insurance policy goes up quite a bit, and you may need Liquor Liability Insurance as well.
For events on your own property, Special Event Insurance may not by necessary, but it still is worth looking in to. Depending on the size of the event, the attendees you’re expecting, and what type of festivities you’ll be having, event insurance can bring peace of mind to you as the host. There are many coverage options, so you can tailor the one-time insurance policy for whatever you need. With the added protection, you can splurge a bit more for what you really want at your party because you know if something goes wrong, you are covered.
In our unpredictable times right now, a separate Cancellation Insurance may be a beneficial investment. This policy could reimburse costs due to postponements or cancellations from circumstances beyond your control. Emergency situations typically covered in these policies include severe weather expectations, life-threatening acts (such as terrorism threats), fires, earthquakes, or even a performer cancelling last minute.
At Four Seasons Insurance, we want to help your event turn out successfully. From baby showers to funeral services and everything in between, our services provide some financial security for any type of gathering. If an accident does occur, you know you’ll be taken care of. For questions about insuring an upcoming special event, contact us anytime.