Event Liability Insurance works to protect the event holder from claims made against them due to injury to guests or damage to the venue. An injury to an attendee could cost an event holder thousands without insurance protection.
If you are using someone else’s space to hold a meeting, throw a party or host a wedding ceremony, then yes, you need Event General Liability insurance. Most venues require the coverage to protect you and them from claims of injury to attendees or damage to the venue.
The total cost for Event Liability Insurance can start at $66 for a small wedding. The cost will go up from there depending on the type and size of the event. A trade show expecting 250 people will cost around $125. A 70’s music concert expecting 2500 people will cost around $400.
Event Insurance is a General Liability policy designed to protect the event holder for most claims of guest or spectator injury or property damage arising from the event. This type of coverage is often required from the venue.
Event Liability Insurance is most often purchased to meet the requirements in the rental agreement of the venue. The venue is doing their renter a huge favor by requiring this type of protection. Event Liability Insurance is intended to protect the event holder (venue renter) from having to pay out of their own pocket for most claims of injury or property damage due to their event. Policy exclusions will apply.
Event Liability Insurance can protect you in case there is a claim for bodily injury or property damage at your event. Without this insurance this claim could otherwise cause you or your business a huge financial hardship.
General Liability Insurance for a sporting event can start around $250. The cost will go up from there depending on the type and size of the event or the requirements for additional coverage. Coverage for Participant injuries can be added for $50-$1000.
The standard Event General Liability policy is not going to cover injuries to any sporting/athletic participants, performers, volunteers, employees or individuals compensated by the insured. However, sporting event types through The Event Helper come with the option to remove that exclusion for specific activity types. Complete our online application or call us for more information!