What Liability Coverages Do Event Policies Provide?
As mentioned, event policies frequently provide multiple liability coverages. Some common ones that may be found in policies include:
- General Liability Coverage, which gives hosts protection from a variety of generic risks
- Spectator Liability Coverage, which may cover hosts if an event attendee is injured
- Product Liability Coverage, which might cover costs for damage, injuries, or illnesses caused by products given away or sold at an event (often including food)
- Liability for Rented or Loaned Property Coverage, which may help pay for any damage that’s done to rented or loaned property during an event
- Liquor Liability Coverage, which might be necessary if alcohol will be served at an event
- Medical Malpractice Coverage, which may be appropriate if there will be a first aid tent at an event
These are just a few of the many different coverages that event policies might have. There are other coverages that may be appropriate for many events, as well as some highly specific ones. For instance, a few event policies offer liability coverage for live animals or aircraft. In most cases, hosts can find coverage for whatever activities they have planned during their event.
Can Vendors Be Added to Event Policies?
Some vendors require event hosts to add them to an event liability insurance policy. It’s usually not too difficult to add vendors to a policy, especially if they’re included in the initial purchase of a policy. Often, it’s even possible to include specific language that a vendor requests. An insurance agent can help with adding vendors to policies.
Who in Massachusetts is Event Liability Insurance For?
Event liability insurance policies may be purchased by individuals, businesses, or organizations holding events in Massachusetts. Individuals frequently use these policies to provide additional insurance coverage during birthday parties, weddings, and similar celebrations. Businesses and organizations might need coverage for company parties, fundraisers, sports competitions, public events, or other planned gatherings.
How Much Does Event Liability Insurance Cost?
Because event policies can include different coverages and are used to insure various types of events, their premiums can vary significantly. Most of the time, however, policies are highly affordable for the amount of protection they afford. Since policies only need to provide coverage for a short amount of time, typically the duration of an event, insurers can keep premiums relatively low while still offering many coverages.
How Can Hosts of Events in Massachusetts Get Quotes for Event Insurance Policies?
People, businesses, and organizations hosting events in Massachusetts can get help finding event insurance by contacting an independent insurance agent who’s licensed in the state. (Even out-of-state hosts can talk with an agent in the state.) An independent agent makes the process of finding the right coverage for almost any event simple.
