Wedding Insurance MI

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.

Venues and event sponsors may require that they are named as Additional Insureds on the policy to protect themselves from the event holder’s actions. Host Liquor liability is often included in Event Liability Insurance should the insured be liable for damage or injury be as a result of alcohol at the event.

Vendors, exhibitors or service providers may also be required to have Event Liability Insurance in order to be at the event. Event Liability Insurance is a great option for them if they don’t already have coverage through their Business Owner’s Policy.

Event Liability Insurance works to protect the event holder from claims made against them due to injury to guests and/or damage to the venue. An injury to an attendee could cost an event holder thousands without insurance protection.

Often we are asked why the venue requires their renters to get Event Liability Insurance when the venue should have their own insurance. The venue’s insurance is not going to cover the renter if they are responsible for the injury or damage. In most cases, it will only provide coverage for the venue’s own actions.

If you’re a venue renting out your gorgeous space for events, you may want to consider requiring your renters to obtain coverage. This can help if one of their guests slips and falls or someone drags a table across your beautiful hardwood floors. The Event Helper makes obtaining coverage easy and we have programs to make sure the venue’s requirements are met.

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 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.

If a guest slips and falls while attending your event, they likely won’t hesitate to put the financial responsibility on you. Without Event Liability Insurance, you could have to pay their medical expenses out of your own pocket.

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 and/or damage to the venue.

Always check the rental agreement for the venue’s insurance requirements. If they don’t specifically include what type of insurance is required, check the agreement for what you will be held responsible for. You’ll likely be held personally responsible for anything that happens at the venue while you and your guests are on premise.

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.