During normal times in which social distancing isn’t an issue, our busy lifestyles are typically filled with various events and social gatherings. Whether it be a wedding, a local festival, a non-profit fundraiser or a community event, these types of occasions are commonplace and are often planned by individuals and families as opposed to large organizations or professional event planners.
With this in mind, those who are looking to organize an event may not be aware of some of the risks involved with hosting such a proceeding.
This is where special event liability insurance comes into play, as it covers short-term private and public events against bodily injury and property damage claims. Liquor liability can also be purchased for events where alcohol is served. Many venues will require those running the event to carry this type of insurance to protect the venue property from damage and help pay for medical expenses if someone were to be injured.
While personal liability coverage from homeowner or condo policies may cover some of this exposure, special event insurance policies help to fill in the gaps.
Special event insurance can cover many types of events, including:
- Baby showers
- Birthday parties
- Family reunions
- Award presentations/Banquets
- Bar/Bat Mitzvahs
- Graduation parties
If you find yourself planning an event, don’t forget to obtain special event insurance beforehand to protect from bodily injury and property damage claims. Contact us at 937-434-9090 to learn more or to get a quote.