In our last article, we addressed the basics of special event liability insurance – a necessity for many types of short-term events, both private and public. This plan type protects hosts from bodily injury or property claims. Now that you know the basics of this special insurance category, you may be looking ahead to opportunities that you or your business will have as an event organizer, and deciding whether or not liability coverage is a necessity for you.
This article will provide guidance as to the different events that typically make use of special event liability insurance, and describe scenarios where that coverage becomes crucial for each event type.
Weddings
As one of the most important and special experiences of someone’s life, wedding celebrations are often planned meticulously and have many moving parts to manage. It often takes months to plan a wedding ceremony and reception. As such, having special event insurance is a very smart idea for couples who want to ensure that their special day goes smoothly.
School dances
An essential school function and social event, annual dances create fun memories for adolescents. Formal events like prom are especially important to cover financially, as these often make use of outside venues and services. Making sure that minors have fun in a safe environment poses an element of unique legal risk.
Banquets
Banquets are versatile by nature and can be held for a wide variety of purposes. If you are catering food from an outside vendor, hiring a musician, or enlisting other services, it may be smart to invest in special event insurance as well. In addition, events that are likely to involve liquor consumption also involve risk to you as the host if you are providing the alcohol.
Trade Shows
Trade Shows are great opportunities for those in a specific industry to showcase the latest products and services available. Protect valuable assets brought on-site for the showcase with liability insurance.
Festivals
While festivals are fun and exciting, they almost always involve medical emergencies from prolonged exposure to the elements or heavy alcohol consumption. The larger the event, the more important it is to find coverage.
Other special events that could enlist the protection of special event insurance include:
- Conventions
- Baby showers
- Farmers markets
- Job fairs
- Family or class reunions
- Bar/Bat Mitzvahs
- Quinceañeras
- Birthday parties
- Award presentations
- And more.
We hope this series helped you determine whether or not special event insurance is right for you or your business.
Superior Insurance and Auto Tags offers special event liability insurance options for individuals and businesses in Pennsylvania. We also offer a wide range of other coverage options, for every commercial purpose or life situation. Visit our website today to set up a consultation and discover the many ways in which we can protect and enrich your valuable life experiences.
